Japan sells world's 1st sovereign GX climate bonds: 3 things to know

Hope for simultaneous decarbonization and economic growth rests on new finance tool

20240213 Japan GX Bonds

Japan on Wednesday auctioned the world's first sovereign climate transition bonds. (NIKKEI montage/Source photos by Getty and Kyodo)

SAYUMI TAKE, Nikkei staff writer

TOKYO -- Japan on Wednesday auctioned the world's first sovereign climate transition bonds -- a financing tool aimed at helping the nation's industry decarbonize and grow at the same time.

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