Bank of Japan Opens Push on Climate Change in Contrast to Fed

Bank of Japan Opens Push on Climate Change in Contrast to Fed

The Bank (Finance & Banking Trends) of Japan said it would help finance projects addressing climate change, adding to the debate over whether environmental issues should be part of a central bank’s mission. The Japanese central bank’s plans released Friday include no-interest loans to commercial banks to support their lending for projects judged to be environmentally friendly and the purchase…