Japan PM Vows to Take Lead in Decarbonization in Asia

Japan PM Vows to Take Lead in Decarbonization in Asia

Japanese Prime Minister Fumio Kishida pledged today that Japan will "take the lead" in efforts to achieve a carbon-free Asia, Kyodo News Agency reported.

Speaking at a multinational forum focused on discussing decarbonization measures in Tokyo, Kishida said Japan will try to create a huge "decarbonization market" capable of attracting investment from around the world to Asia, adding that reducing carbon dioxide emissions is a "common challenge" for the region.

He also said that 4 quadrillion yen ($28 trillion) are estimated to be required for decarbonizing Asia, and promised to establish a new organization to support Asia Zero Emission Community (AZEC) members in implementing policies necessary to reach carbon neutrality.

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