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Asia-Pacific

BOJ to Pursue ‘Learning-by-doing’ Approach to Climate Risk

Japan's central bank to offer zero-interest funds to FIs making loans and investments to tackle climate change.

The Bank of Japan (BOJ) will pursue a “learning-by-doing” approach when it comes to supporting the private sector in addressing climate change, according to governor Haruhiko Kuroda. “Waiting until specific guidelines and ideas are fixed will only delay our response to the urgent global issue of climate change,” Kuroda said.…

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