BOJ’s Kuroda says supporting climate efforts will help economy

 BOJ’s Kuroda says supporting climate efforts will help economy

Bank of Japan Governor Haruhiko Kuroda speaks at a news conference in Tokyo, Japan, December 19, 2019. REUTERS/Kim Kyung-Hoon/File Photo

  • Consumption stagnant, exports and output rising – Kuroda
  • Sticks to view Japan’s economy headed for recovery
  • BOJ to launch scheme to aid private response to climate change

TOKYO, June 24 (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Thursday stressed the benefits of supporting private efforts to combat climate change and offered a cautiously optimistic view on the outlook for the world’s third-largest economy.

The BOJ surprised markets last week by unveiling a plan to boost funding for fighting climate change, joining a growing number of central banks stepping up efforts to address its economic and financial fallout. read more

“We believe that assisting private-sector measures to respond to climate change from a central bank’s perspective will help stabilise the economy in the long run,” Kuroda…

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