Energy security is global priority in 2023

“Countries share the goal of achieving carbon neutrality while at the same time ensuring a stable energy supply,” says Japan's Economy Minister Yasutoshi Nishimura. – Reuters

AS nearly 200 nations gathered at the COP27 United Nations climate summit last week, Japan announced a little-noticed change that sheds light on what’s going on with global energy and climate change diplomacy behind the scenes.

Without fanfare, Tokyo rebranded its state-owned natural resources company, which helps local companies to invest in overseas oil, natural gas and mining projects, as the “Japan Organisation for Metals and Energy Security”.