Home / BOJ’s Kuroda says supporting climate efforts will help economy

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…

Read full article…www.reuters.com