The Bank of Japan conducts an annual survey on financing the fight against climate change

Japan on the bond "green" and other environmental and social debt instruments.

Some of those surveyed said they faced challenges in obtaining information and appropriate methods for assessing risks associated with climate change.

Amamiya added in a speech at an academic forum that "Climate change It has a very significant impact on economic, price and financial developments in the medium and long term".

And he said "Central banks can therefore contribute to long-term macroeconomic stability by supporting private sector actions to address climate change. ".

And put up Bank of Japan Last year, a funding scheme targeted activities aimed at combating climate change as part of efforts to keep pace with a global drive towards a greener society.

Under the plan, the central bank provides interest-free loans twice a year that can be extended until 2030 to banks that promote green and sustainable loans.

It lent 3.6 trillion yen ($26 billion) to 63 financial institutions under the plan.

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Amamiya added that an initial survey in August showed “strong demand” in the country Japan on “green” bonds and other environmental and social debt instruments.

Some of those surveyed said they faced challenges in obtaining information and appropriate methods for assessing risks associated with climate change.

Amamiya added in a speech at an academic forum that “Climate change It has a very significant impact on economic, price and financial developments in the medium and long term.”

“Thus central banks can contribute to achieving long-term macroeconomic stability by supporting private sector actions to address climate change,” he said.

And put up Bank of Japan Last year, a funding scheme targeted activities aimed at combating climate change as part of efforts to keep pace with a global drive towards a greener society.

Under the plan, the central bank provides interest-free loans twice a year that can be extended until 2030 to banks that promote green and sustainable loans.

It lent 3.6 trillion yen ($26 billion) to 63 financial institutions under the plan.

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