The government will extend up to $2 million to the World Bank to help strengthen its research on key development issues, including agriculture and climate change.
Finance Minister Sadakazu Tanigaki announced the plan Monday in an opening address at the World Bank's annual conference on development in Tokyo. The two-day conference is aimed at ensuring efficient, environmentally friendly infrastructure development.
Tanigaki said the $2 million will be funneled to the Knowledge for Change Program, or KCP, a World Bank initiative designed to spur research in economic development.