ASEAN welcomes Japan's 10 billion USD support for decarbonization
(VOVWORLD) - The Association of Southeast Asian Nations (ASEAN) has welcomed Japan's pledge of 10 billion USD in financial support for decarbonization efforts by its member states.
 Vietnamese representatives participate in the online meeting between ASEAN energy ministers and Japanese Minister of Economy, Trade and Industry Hiroshi Kajiyama. June 21, 2021. (Photo: VNA) |
A joint statement, released after the online meeting on Monday between ASEAN energy ministers and Japanese Minister of Economy, Trade and Industry Hiroshi Kajiyama, said they shared the need for adequate financing to support the region's energy transition involving measures to cut carbon dioxide emissions and accelerate renewable energy use.
Japan's ‘Asia Energy Transition Initiative’ will include human resources development through workshops, studies and reports, and knowledge sharing activities, according to the statement.