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Japan, Thailand launch new energy initiative to promote decarbonisation

Japan and Thailand on January 13 agreed to launch a new energy policy dialogue and implement joint projects to promote decarbonisation, as the two countries aim for net-zero greenhouse gas emissions by 2050.
Japan, Thailand launch new energy initiative to promote decarbonisation ảnh 1Panels in a solar farm (Illustrative photo - Source: VNA)
Tokyo (VNA) - Japan and Thailand on January 13 agreed to launch a newenergy policy dialogue and implement joint projects to promote decarbonisation,as the two countries aim for net-zero greenhouse gas emissions by 2050.

According to the Japanese Ministry of Economy, Trade andIndustry, its Minister Koichi Hagiuda and his Thai counterpart SupattanapongPunmeechaow signed a memorandum for the new initiatives during their talks in Bangkok, the last stop during the Japanese minister's trip to Southeast Asia after Indonesia and Singapore.

Under the dialogue framework, a comprehensive long-termprogramme will be launched along with joint projects to be carried out throughcooperation in green technology and human resources to help promote investmentin the energy sector.

Earlier this year , Japan outlined its "Asia Energy Transition Initiative," under which itpromised to give 10 billion USD in financial support to Thailand and othermember states of the Association of Southeast Asian Nations (ASEAN) for renewableenergy, energy efficiency, LNG and other projects that are expected to createnew jobs and investment.

The Japanese government said its energy dialogue with Thailand underscoresthe importance of global energy transition, while aiming to provideopportunities for energy trade and investment in the two countries./.
VNA
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