TOKYO: Japan’s industry minister Koichi Hagiuda has brought on the additional function of “Green Transformation” minister, leading the particular country’s commitment to attain carbon neutrality by 2050, the government’s spokesperson said upon Wednesday (Jul 27).
“Minister Hagiuda is likely to manage administrative processes to realise the particular transformation of Japan’s economy, society plus industrial structure based on clean energy… as the stable supply and security of energy sources remain a major theory, ” Deputy Key Cabinet Secretary Seiji Kihara told a regular news conference.
The government holds the first meeting of an authorities in charge of planning “Green Transformation” policies on Wednesday, where the map of investments for it over the next ten years will be among the subjects discussed, Kihara told reporters.
In-may, Japanese Prime Ressortchef (umgangssprachlich) Kishida announced an idea to issue approximately 20 trillion yen (US$146. 07 billion) worth of “green transition” bonds in order to accelerate the state’s shift to choice energy sources amid the heightened energy risks after Russia’s invasion of Ukraine.