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Japan climate finance finds footing as Hormuz crisis hastens energy shift

Nikkei Asia · last updated
Climate Change

Japan climate finance finds footing as Hormuz crisis hastens energy shift

The Middle East’s latest conflict is seen accelerating the clean power transition

Middle East oil disruptions bolster Japan’s case for a diversified energy mix. © Reuters

TOKYO — Sustainability-related bond issues are set to stabilize in Japan this year after two years of decline, as the disruption of oil supplies from the Persian Gulf has sharpened the case for energy diversification in the resource-poor country.

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