JAPAN-ENVIRONMENT/ – REUTERS Agency
TOKYO, June 17 (Reuters) – The Japanese government and several of its biggest banks are to launch a “green transformation” program within a month with which they aim to attract 150 trillion yen ($1.06 trillion). in investments over the next decade, the Nikkei Shimbun newspaper reported on Saturday.
The project, in which banks such as Mitsubishi UFJ Financial Group will participate, will focus on Sapporo, on the main island of Hokkaido, which in 2024 will be designated a special zone to attract investment in renewable energy, the report added.
The project will also include the industry and environment ministries, according to the Nikkei, which did not provide specific details. Government offices were not available for comment over the weekend.
Rapidus, a Japanese government-backed chip startup, is headquartered in Chitose, not far from Sapporo.
Japan, the world’s fifth largest carbon emitter, aims to reduce its emissions by 46% from 2013 levels by 2030.
(1 dollar = 141.8200 yen) (Reporting by Elaine Lies. Editing in Spanish by Javier Leira)
Source: Ambito
