Finance
BOJ Seen Paying Banks to Lend in Battle Against Climate Change
- Economists see central bank using March lending incentives
- Bank could use government standards to avoid taxonomy calls
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Bank of Japan Governor Haruhiko Kuroda and his board are likely to offer incentives for lending in the battle against climate change when they meet later this month, according to economists.
The central bank has promised to unveil the initial details of its green lending measure at a policy meeting ending on July 16, with most analysts expecting it to model the facility at least partially on Covid-19 loan incentives introduced in March.