Japan, Abu Dhabi Lock Arms on Energy Transition Financing

Japan, Abu Dhabi Lock Arms on Energy Transition Financing

July 15, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Advancing its efforts to establish itself as a clean energy leader, Abu Dhabi's national oil company has signed a $3 billion green energy financing agreement with Japan.

The credit is part of the so-called Global action for Reconciling Economic Growth and Environmental preservation (GREEN) lending program steered by the Japan Bank for International Cooperation (JBIC).

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