Japan's green stocks climb as Suga vows to fight climate change

Renewable energy benefits after environment summit, while steel and mining slump

20210423 windmill and suga

Japanese Prime Minister Yoshihide Suga has unveiled ambitious carbon-cutting goals for the country. (Nikkei montage/AP/Reuters)

JADA NAGUMO, Nikkei staff writer

TOKYO -- Shares in renewable energy and other climate-related companies rose in Tokyo on Friday following the Japanese government's pledge to further reduce greenhouse gas emissions.

Renova, an operator and developer of renewable power plants, closed up 4% amid expectations that policies for tackling climate change will gain momentum.

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