As global markets look for greater certainty and direction, Japan is setting a powerful example for how clear policy signals, robust disclosure and strong public-private collaboration can translate climate ambition into action.
Through a steady sequence of forward-looking actions, the country is creating a blueprint for mobilizing finance to modernize industry and build the resilient infrastructure, energy and food systems of the future. This can help Japan seize the opportunities generated by the creation of a more sustainable economy, strengthening growth and enhancing economic resilience.
Today, all companies listed on the Tokyo Stock Exchange's Prime Market are required to publish disclosures aligned with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), or the equivalent. This requires them to assess the risks and opportunities associated with the transition to a low-carbon economy and make that information publicly available — a foundational step in making smart financial decisions for their clients and shareholders.
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