Japan will continue providing backing to new coal-fired power projects in developing countries, a government source said Monday, despite international efforts to move away from fossil fuels that are responsible for climate change.
"There is a need for coal-fired power generation, mainly from developing Asian countries where demand for energy is surging," the source said. "We're not planning to review our (infrastructure) export policy."
Tokyo's infrastructure export strategy stipulates that Japan will "in principle provide aid to install cutting-edge power generation facilities upon requests from countries as long as they are compelled to choose coal as their source of energy."