Having this good mix of participants we can surely hope for richer policy perspective on global warming and climate change. In this same island last year, during the 2007 UN Climate Change Conference, 187 nations have acknowledged the unequivocal evidence of global warming and risks of severe climate change impacts.
The monetary base exhibits a high year-on-year growth rate of around 20 percent. The year-on-year growth rate of the money stock remains around 3.0-3.5 percent. Funding costs for firms continue to be at extremely low levels on the whole. Against the above background, the financial developments are summarized as follows. Money market conditions as a whole continues to be extremely easy.