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Japan lender turns to green bonds to meet climate finance demand

JBIC plans to work with Southeast Asia to improve grid conditions

Wind turbines and solar power panels are seen in Miyagi prefecture on March 1, 2019. (Photo by Akira Kodaka) 

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.

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