China and Japan lag Europe in 'green recovery' stimulus

Study says Asia's pandemic economic policies to negatively affect climate

European countries are accelerating investment in offshore wind power during the coronavirus pandemic. (Source photo by Reuters)

KAZUNARI HANAWA and SHINICHI HASHIMOTO, Nikkei staff writers

January 18, 2021 16:57 JST

TOKYO -- Countries around the world are increasing fiscal measures to address the coronavirus pandemic while emphasizing efforts to reduce carbon emissions. But while European Union stimulus will have positively affect decarbonization, spending in Asian countries such as China and Japan is set to bring about a negative impact, a study says.