At a press conference, the Bank of Japan's Governor Kuroda will be able to flexibly respond by starting with measures that are considered important in starting new funding to support investment and lending by banks and other organizations in response to climate change issues. He emphasized the recognition that it is necessary.
The Bank of Japan's Governor Kuroda attended a press conference held online by the Japan National Press Club on the 27th.
In this, Governor Kuroda explained the BOJ's new funding mechanism to support climate change-responsive investment and lending by private banks.
After that, he said, "In order to respond to climate change, it is important to start measures that are considered to be important first, and if changes are necessary, take the stance of making corrections at that time." He emphasized the recognition that it is necessary.
In addition, regarding the fact that the BOJ's target inflation rate of 2% has not been reached and large-scale monetary easing measures have been prolonged, Governor Kuroda said, "We have corrected the negative legacy of deflation for 15 years. That's not to say that monetary policy aimed at a 2% inflation rate is wrong, "he emphasized the significance of large-scale monetary easing measures.