Development Bank of Japan Inc. (DBJ) received a Merit Award by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP*1) for outstanding work in the category of Local Economic Technology Development. In selecting DBJ for the award, ADFIAP cited the Publishment of the "Regions x Transition: Wide-Area Strategies Centered on Energy and Related Industries". The 2024 awards were presented at the ADFIAP General Meeting held on the 15th and 17th of May 2024.
The ADFIAP Awards recognize the work of development finance institutions with distinguished achievements in the Asia-Pacific region. The aim of the awards is to publicize deals and projects which are both outstanding and instructive, as well as to share financial methods and techniques.
Basic Policy for Intellectual Capital
DBJ has positioned surveys and research on industries and regions as core operations essential to differentiating its business model and it endeavors to increase the sophistication of these operations.
DBJ has established the Chief Research Office, under which the Regional Research & Planning Department and the Economic & Industrial Research Department support investment and loan activities while analyzing and disseminating information on global economic and industrial trends. This research covers macroeconomic trends, major industry trends, new technologies, and intellectual property.
Recommendation Report on Regional Transition
In sectors and regions where discussions about and investments in decarbonization have progressed, DBJ has been actively supporting the transition through loans and investments, while emphasizing engagement with customers and collaboration with other financial institutions.
On the other hand, transitioning regions to a viable decarbonized society is challenging to accomplish with only financing, such as loans and investments, and the independent efforts of individual organizations. The DBJ Group therefore plays the important role of "connecting" these various entities.
Accordingly, Regions x Transition has been positioned as one of the main points in our Strengthening and Review of the Fifth Medium-Term Management Plan (page 18 of DBJ Group Integrated Report 2023) as a practical guide for the transition while advancing these initiatives. We also believe that knowledge-based support is vital.
In June 2023, DBJ published the recommendation report Regions x Transition: Wide-Area Strategies Centered on Energy and Related Industries.
From the perspectives of renewable energy, hydrogen and ammonia, and CCUS*2, which are key to realizing carbon neutrality, the report discusses three model areas: Kitakyushu, Tomakomai-Muroran, and Niigata. Leveraging the DBJ Group's insights and incorporating the opinions of external experts, the report highlights the importance of initiatives in wide-area collaboration using the strengths derived from each region's unique characteristics and existing industries, in a format that can be replicated by other regions.
For details of this proposal, please refer to the related PDF.
Based on our Corporate Philosophy--"Design the Future with Financial Expertise: Continue to expand financial frontiers; Provide the best solutions for customers and society; Pursue sustainable development for Japan and the world"--and the Fifth Medium-Term Corporate Planning & Coordination Department Plan, DBJ will continue to actively work toward realizing carbon neutral regions and resolving issues.
*1ADFIAP
| Official name | Association of Development Financing Institutions in Asia and the Pacific | |
| Establishment | October 1976 (headquarters: Manila, Philippines) | |
| Membership | 91 institutions in 40 countries and regions (as of May 15, 2024) |
*2CCUS: Carbon capture, utilization, and storage
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Business Planning & Coordination Department
Telephone: +81-3-3244-1150