A milestone in sustainable finance.
Japan is set to issue the first tranche of its ¥1.6 trillion (USD 11 billion) Climate Transition Bond on the 15th and 28th of February. This is a briefing note on the Bond which is Certified under the Climate Bonds Standard, a world first.
This initiative is a cornerstone of Japan's Green Transformation (GX) programme, aiming to mobilise ¥150 trillion (USD 1 trillion) over the next decade in support of advanced sustainable technologies. These efforts align with Japan's commitment to achieving its 2030 greenhouse gas reduction targets and its vision for carbon neutrality by 2050.
