Japan to take measures against greenwashing.

M2 EQUITYBITES-June 21, 2022--Japan to take measures against greenwashing

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Global Banking News - 21 June 2022

The Japanese government is taking measures to prevent greenwashing, Bloomberg has reported.

The move comes as a Japanese government-backed bank is set to spend about USD40bn for sustainable purposes. The bank will also scrutinise the use of funds to prevent greenwashing. The Development Bank of Japan is now preparing to launch sustainable lending strategies.

The firm has earmarked about 40 percent of its total lending and investment, which...

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