Moreover, since financial intermediation in Japan is mainly based on indirect financing, the Climate Response Financing Operations, which provide funding for investments and loans that contribute to decarbonization via banks can be regarded as the most effective way to provide financial support not only to large corporations but also to small and medium-sized enterprises in their efforts to achieve net zero.
In the process of conducting the Climate Response Financing Operations, financial institutions have commented that the operations have provided them with an opportunity to enhance their own disclosure and that they have been able to enter a dialogue with their customers on business fixed investment to reduce carbon emissions.