Japan pledges financial support to help ASEAN decarbonize

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Japan pledges financial support to help ASEAN decarbonize
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Energy-poor Japan hopes to become the world's leading hydrogen economy to reduce dependence on traditional polluting fossil fuels such as coal and oil.

Energy-poor Japan hopes to become the world’s leading hydrogen economy to reduce dependence on traditional polluting fossil fuels such as coal and oil.climate

“Japan will take a lead in providing generous support in finance, technology and personal resources to help Asia’s decarbonization,” Industry Minister Yasutoshi Nishimura told the first ministerial meeting of the Asia Zero Emission Community . At the meeting, attended by several ASEAN members and Australia, Nishimura said the push for collaboration will include renewable power, natural gas, hydrogen and ammonia among other areas.

The AZEC members – Australia, Brunei, Cambodia, Indonesia, Japan, Laos, Malaysia, the Philippines, Singapore, Thailand and Vietnam – could consider creating a master plan for hydrogen and ammonia in Asia as a next step, he added.

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