Japan announced renewed commitment of JYP 6.5 trillion on public and private climate finance over the next 5 years, from 2021 to 2025
Suga Yoshihide, Prime Minister of Japan, announced in June 2021 at the G7 Cornwall Summit that Japan will provide climate finance, both public and private, totaling JPY 6.5 trillion over the next 5 years, from 2021 to 2025, and that it will further enhance its assistance for adaptation.
This is the same high level of its previous commitment up to 2020, JPY 1.3 trillion (equivalent to approximately USD 11.8 billion) per year.
This commitment stands out as a sizeable amount among other developed countries.
Under this commitment, Japan will continue to lead the global effort to tackle climate change.