Jera, Japan’s largest LNG buyer, said it would invest $300 million in green technology-focused start-ups through a newly created internal unit as part of the country’s efforts to reach carbon neutrality by 2050.
Jera, also Japan’s largest facility, said in a statement that it would target startups developing decarbonization techniques, using hydrogen, ammonia and other renewable energy sources, as well as digital technologies and those focusing on women’s health.
The company added that venture capital funds associated with such start-ups would also be investment targets for Gera’s enterprise unit.