BoJ Expands Climate Credit to $157B Amid Yen Weakness, Debt Yield Surge

The Bank of Japan has expanded its climate-related lending program to $157 billion, continuing a five-year growth trend despite facing immediate challenges from a historically weak yen and rising public debt yields. The expansion occurs as global financial institutions retreat from climate actions under pressure from former U.S. President Donald Trump, highlighting BoJ's divergence. The move raises questions about the BoJ's policy priorities amid domestic economic pressures.