Japan Relies On Asian Market To Shift To Green Energy

Japan is focusing on its neighbors in Asia as it hopes to take a leadership role in the growing push to reduce emissions, having earmarked $10 billion to help the region speed up the move away from fossil fuels.

The Economy and Industry Ministry hosted the first “Asia green growth partnership” meeting Monday, bringing together more than 20 nations, including Thailand and India, as well as the U.S., Australia and countries in the Middle East.

“There are a variety of energy transition pathways in each country.

It is most effective to make efforts according to each country’s economic, social and energy situation and technological capabilities,” said Hiroshi Kajiyama, the outgoing minister, with the Cabinet reshuffle being held about the same time as the meeting.

He stressed the importance of various options, “such as nuclear power, hydrogen and ammonia, to promote energy transitions in a realistic way.”