Japan to Establish Investment Guidelines for GHG Heavy Industries
by Ship & Bunker News Team
Thursday April 1, 2021
Japan: access to finance. File Image / Pixabay.
Japan is developing domestic guidelines to create the right environment for local financial entities funding energy transition projects in the run up to 2050.
Two government agencies, the trade and environment ministries, are drafting the guidelines which should be rready for official release in early next month, price reporting agency Argus Media reports.
Working groups will look at developing a more detailed transitional roadmap for each industry emitting heavy greenhouse gases, including steel, chemical, power, gas and shipping.