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Tokyo Foundation Presents '13 Trillion Yen Treasure Mountain' Policy Proposal to METI Minister Akazawa

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The Tokyo Foundation submitted a policy proposal to the Minister of Economy, Trade and Industry, advocating for a 'Domestic Resource Strategy' that utilizes urban mines to build a circular economy and enhance economic security.

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Frequently Asked Questions

Q: What is the '13 trillion yen treasure mountain' proposed by the Tokyo Foundation?
A: It is a policy proposal to reuse Japan's urban mines (waste) as domestic resources to prevent an annual outflow of wealth amounting to about 13 trillion yen.
Q: Why is the utilization of urban mines necessary?
A: It is necessary to reduce economic security threats due to high import dependency on mineral resources such as rare earth elements and geopolitical risks (e.g., a second rare earth crisis).
Q: What is the 'Japanese-style' circular economy?
A: It is a comprehensive concept for a resource and energy recycling society that physically and economically circulates all domestic resources and addresses issues such as population decline and climate change.