Japan pledges financial support to help Asean decarbonise

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Japan pledges financial support to help Asean decarbonise
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As the G-7 chair this year, Japan will hold a ministerial meeting on climate, energy and environment in April. Read more at straitstimes.com.

TOKYO - Japan pledged financial and technological support on Saturday to help Asean countries accelerate their efforts to decarbonise their economies and combat climate change.

As the chair of the Group of Seven nations this year, Japan will hold a ministerial meeting on climate, energy and environment in Sapporo on April 15-16, ahead of the G-7 summit in Hiroshima on May 19-21, to promote what it calls realistic energy transition. 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.

AZEC, in a joint statement, called for the group to financially support investments into decarbonisation infrastructure and creation of clean energy supply chains.“As many countries have expressed wishes for support from Japan, we would like to take a strong leadership in supporting them in technology, finance, including investment from private sector, and human resource development,” Mr Nishimura told a briefing.

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