TOKYO: One member said in a summary of thoughts at this month’s rate review that the Bank of Japan’s scheme to enhance funding for actions to mitigate climate change must be “flexible” because the regulations and atmosphere surrounding the problem remain variable. According to the summary, a Cabinet Office representative praised the BOJ’s climate plan as “timely,” indicating the bank’s desire to work with the government to promote green as a major pillar of its growth strategy.
(Leika Kihara contributed reporting, and Kim Coghill edited the piece.)
Reuters is the source of this information.
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