BOJ Kuroda highlights need to fund transition toward greener operations

30-Nov-2021 Intellasia | Reuters | 5:02 AM Print This Post

Bank of Japan Governor Haruhiko Kuroda said on Monday it was important to provide financing to industries that require a long period to transition toward greener operations.

“Although responding to climate change is an urgent priority, the completion of full decarbonisation will take considerable time,” Kuroda said a speech delivered to the Paris Europlace online forum.

“In promoting decarbonisation of the economy as a whole, it is important to provide stable support for structural change in sectors and industries where decarbonisation will be difficult to achieve in a short period of time,” he said.


Category: Japan

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