Japan Steps Up , to Help Asia Achieve Its , Decarbonization Goals.<br />'The Independent' reports that Japan has vowed to lead the <br />world's efforts to simultaneously achieve decarbonization <br />goals, economic growth and energy security.<br />On December 18, Prime Minister Fumio Kishida spoke <br />about Japan's ambitious goal while speaking at a regional <br />climate summit attended by leaders in Southeast Asia.<br />While speaking at the Asia Zero Emission Community <br />(AZEC), Kishida said that the climate initiative will create , “a new, huge decarbonization market in <br />Asia that will attract global capital.".<br />According to Kishida, the cost of achieving <br />decarbonization in Asia will be $28 trillion. .<br />The initiative will also establish a new organization <br />to support countries' efforts to implement <br />policies aimed at achieving carbon neutrality.<br />'The Independent' reports that Japan will help other<br />members of the Association of Southeast Asian Nations <br />(ASEAN) develop technologies meant to cut emissions.<br />Those efforts reportedly include co-firing technology<br />that utilizes ammonia or hydrogen and developing <br />more flexible, mobile types of solar panels.<br />Those efforts reportedly include co-firing technology<br />that utilizes ammonia or hydrogen and developing <br />more flexible, mobile types of solar panels.<br />Japan has already achieved an emissions <br />reduction of 20% and is on track to meet <br />its stated 46% reduction by 2030.<br />The country plans to achieve its net-zero goals <br />by increasing reliance on renewables, utilizing <br />nuclear power and other measures.<br />The country plans to achieve its net-zero goals <br />by increasing reliance on renewables, utilizing <br />nuclear power and other measures.<br />At this year's COP28 summit in Dubai, Japan pledged to end <br />new construction of unabated coal-fired power plants <br />to slowly reduce the country's reliance on fossil fuels.
