TOKYO (Reuters) – The Japanese government has pledged financial and technical assistance to help ASEAN countries accelerate the decarbonization of their economies and the fight against global climate change, Japan said. industry minister said on Saturday.
Energy-poor Japan aims to become the world’s leading hydrogen economy to reduce its dependence on conventional polluting fossil fuels such as coal and oil.
Japan, this year’s G7 presidency, will hold a ministerial meeting on climate, energy and environment in Sapporo on April 15-16, ahead of the major G7 summit in Hiroshima on May 19. . 21, that it facilitates the so-called realistic energy transition.
“Japan will take the lead by providing generous support in finance, technology and human resources to support decarbonization in Asia,” said Industry Minister Yasutoshi Nishimura. Speaking at the Ministerial Meeting of the Emissions Community (AZEC).
AZEC was proposed by Prime Minister Fumio Kishida of Japan last year with the aim of sharing the idea of promoting decarbonization in Asian countries and cooperating to advance the energy transition.
latest update
Show 2 more stories
The first AZEC meeting, which will be held in Tokyo on Saturday, will involve ministers from ASEAN countries and Australia and promote cooperation on renewable energy, natural gas, hydrogen and ammonia, Nishimura said.
Japan, as this year’s G7 presidency, will stress the importance of investing in gas, liquefied natural gas, hydrogen and ammonia, but will remain clean to meet its 2050 carbon neutral target, one source said. said this week.
Reported by Yuka Obayashi and Katya Golubkova.Edited by Himani Sarkar
Our criteria: Thomson Reuters Trust Principles.