Japan plans to provide support to India to drive the transition to clean energy, expanding a programme it launched last year for Southeast Asian nations, Industry Minister Koichi Hagiuda said on Wednesday.
Japan's 'Asia Energy Transition Initiative' initially targeted supporting countries in the Association of South East Asian Nations pushing towards net-zero carbon emissions, including $10 billion in finance for renewable energy, energy efficiency and liquefied natural gas projects.
"Against that backdrop, considering the current energy crisis, stable energy supply and market stability are critical as the basis for promoting a transition towards carbon neutrality," Hagiuda said.
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