Japan’s industry minister adds role of “Green Transformation” minister – spokesperson

Koichi Hagiuda, Japan’s Minister for Economy, Trade and Industry, speaks at the Sydney Energy Forum in Sydney, Australia July 13, 2022. REUTERS/Jaimi Joy/Pool/File Photo

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TOKYO, July 27 (Reuters) – Japan’s Industry Minister Koichi Hagiuda has assumed the additional role of Minister for “Green Transformation”, leading the country’s commitment to achieve carbon neutrality by 2050, a said the government spokesman on Wednesday.

“Minister Hagiuda should manage administrative processes to realize the transformation of Japan’s economy, society and industrial structure based on clean energy…while supply stability and resource security energy remain a major principle,” Deputy Chief Cabinet Secretary Seiji Kihara said. a regular press conference.

The government is holding the first meeting of a council to plan “green transformation” policies on Wednesday, where the investment roadmap for the next 10 years will be among the topics discussed, Kihara told reporters.

In May, Japanese Prime Minister Kishida announced a plan to issue “green transition” bonds worth an estimated 20 trillion yen ($146.07 billion) to accelerate the country’s transition to alternative sources of energy in a context of increased energy risks following the invasion of Ukraine by Russia. Read more

($1 = 136.9200 yen)

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Reporting by Kantaro Komiya; Editing by Muralikumar Anantharaman

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