BOJ’s Kuroda says climate financing plays crucial role in decarbonisation

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Bank of Japan Governor Haruhiko Kuroda arrives at its headquarters to attend the second day of a two-day Monetary Policy Meeting in Tokyo

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Tuesday highlighted the importance of sustainable finance to address climate change and achieve decarbonisation.

“Sustainable finance has a crucial role to play in our efforts to address climate change and steadily achieve decarbonization,” Kuroda told an international forum.

The Japanese central bank expected its climate response financing operations to keep on functioning as a catalyst and encourage decarbonization efforts in Japan, he added.

(Reporting by Tetsushi Kajimoto; Editing by Christian Schmollinger)

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