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Bank to broaden its gaze to encompass climate change

While the Bank of Japan kept its major policy settings unchanged today and will continue to do so for the foreseeable future, it extended the deadline for applications to its emergency lending facility from end-September 2021 to end-March 2022. And it announced that it will now focus its fund-provisioning measures on addressing climate change, joining other developed economy central banks in wanting to encourage financial institutions to favour green lending.

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