Economics

BOJ Joins Global Climate-Change Battle With Green Loan Support

Kuroda says tackling warming can’t wait for perfect taxonomy
Japan’s central bank will offer lenders interest-free funding

Haruhiko Kuroda
Photographer: Stefan Wermuth/Bloomberg

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By Toru Fujioka and Yuko Takeo

July 16, 2021 at 3:04 AM UTC

Updated on

July 16, 2021 at 9:52 AM UTC

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The Bank of Japan joined the battle against global warming by offering a series of incentives for lenders to help businesses move toward a greener economy, with Governor Haruhiko Kuroda insisting there was no longer any time to waste.