Manama, March 5 (BNA): Ministers from Japan, Australia and Southeast Asian countries agreed to work together to achieve carbon removal by making use of hydrogen and ammonia, which do not emit carbon dioxide when combustion.
Japan’s Broadcasting Corporation (NHK) reported that the first ministerial meeting of the 11-member Asia Zero Community, or AZEC, was held in Tokyo on Saturday.
Asian countries emit about 60 percent of global carbon dioxide emissions. Their energy consumption has been increasing with the development of their economies.
Countries recognize that they need to achieve decarbonization without hurting their economic growth.
In a joint statement, AZEC ministers noted the need to achieve both the transition from fossil fuels to new energy sources and economic growth.
They stressed the importance of benefiting from various energy sources and technologies according to the industrial structure and geographical conditions of each country.
Asian countries agreed to cooperate in efforts to develop hydrogen and ammonia technology and establish business at the same time.
Japan pledged financial support to help build the necessary infrastructure.
Japan, as chair of the G-7 Summit to be held in Hiroshima in May, aims to take the lead in decarbonization-related discussions, promoting its technology throughout Asia.