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

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

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

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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