TOKYO -- The Japan Bank for International Cooperation is looking to play a leading role in mobilizing private finance to support Asia's energy supply decarbonization, even as its legacy of coal financing persists in Southeast Asia.
Ahead of the COP26 climate summit, the Japanese government lender released its first-ever policy on environmental, social and governance standards last week, aiming for a carbon neutral financial portfolio by 2050 as well as net-zero emissions in its operations by 2030.
