In Japan, the government debt ratio stood at 162.2% 12 of GDP in 2008 after rising more than 40 percentage points in the last decade. This is due to the accumulation of high deficits and low GDP growth.
And 9 of those have even committed to lowering that carbon footprint. Furthermore, our banks have collectively issued a climate statement, an SDG-dialogue document, and an international covenant on human rights in project finance. They are key players in the Equator Principles, in carbon disclosure and divestment initiatives.