Japan Mulls New Type of Debt for $157 Billion Green Effort
Prime Minister Fumio Kishida says he’s considering creating a `green economy transformation bond.’
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Japan may issue a new type of government bond to finance the country’s decarbonization over the next 30 years.
Prime Minister Fumio Kishida said Thursday he’s considering creating a “green economy transformation bond” that would help fund the 20 trillion yen ($157 billion) officials say is needed for decarbonization, according to a government statement.