Japan proposes $10 bil in finance for ASEAN renewables,LNG to aid energy transition

摘要

Japan has offered ASEAN energy ministers $10 billion in public finance for renewables and LNG projects,as part of a package of measures aimed at helping the group of 10 Southeastern Asian economies accelerate their moves toward energy transition.The offer,made during an extraordinary ministerial meeting June 21,comes at a time of increasing pressure in the financial sector to restrict finance for fossil fuel projects.