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Economy

BOJ to offer interest-free loans under new climate facility

Central bank keeps main policy levers unchanged

BOJ Gov. Haruhiko Kuroda said "It is our hope that the new facility will encourage businesses to start making plans for such investments, including hiring necessary talent.” (Pool photo) 

TOKYO -- The Bank of Japan on Friday outlined a new loan facility to banks lending to projects or companies tackling climate change, as the country tries to speed up its shift to clean energy and hasten efforts to reduce emissions.

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