Japan Pledges Financial Support to Help ASEAN’s Decarbonisation

Japan’s government pledged financial and technological support to help ASEAN countries accelerate their efforts to decarbonise their economies and combat global climate change, its industry minister said on Saturday.
Energy-poor Japan aims to turn into the world’s leading hydrogen economy to reduce dependence on traditional polluting fossil fuels such as coal and oil.
As the chair of the Group of Seven nations (G7) this year, Japan will hold a ministerial meeting on climate, energy and environment in the city of Sapporo on April 15-16, ahead of the main G7 summit in Hiroshima on May 19-21, to promote what it calls realistic energy transition.
“Japan will take a lead in providing generous support in finance, technology and personal resources to help Asia’s decarbonisation,” Industry Minister Yasutoshi Nishimura told a ministerial meeting of the Asia Zero Emission Community (AZEC).
The AZEC was proposed by Japanese Prime Minister Fumio Kishida last year with the aim of sharing the philosophy of promoting decarbonisation in Asian nations and cooperating to push forward energy transition.

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