The Bank of Japan has announced the main views of this month's monetary policy meeting, which has decided to introduce a new funding mechanism to address climate change issues.

There were a number of opinions pointing out the need, such as "Responding to climate change should be linked to the mission of the central bank."

At a two-day monetary policy meeting held until the 18th of this month, the Bank of Japan decided to introduce a new funding mechanism to support the diverse efforts of private financial institutions on climate change issues.



The main opinions at that time were announced on the 28th, and policymakers said, "Responding to climate change should be associated with the central bank's mission of sound development of the national economy and macroeconomic stability." The impact will affect the economy and the financial system. There are many factors to consider regarding monetary policy measures, but it is time for the Bank of Japan to show its direction. " did.



The Bank of Japan plans to announce a draft outline of this new mechanism at a meeting next month.



At this meeting, the Bank of Japan also decided to extend the deadline for corporate financing support measures for half a year until the end of March next year. There remains a risk that it will be curtailed and raise concerns about cash flow. "