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

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