Japan Invests ¥3 Billion in Nuclear Fusion and Plastic Recycling Startups
Japan's GX Promotion Organization has invested around 3 billion yen in two startups focused on nuclear fusion and plastic recycling technologies. The government-backed entity aims to support Japan's transition to a decarbonized society, with public funds hoping to attract private investment and accelerate the commercialization of advanced decarbonization technologies.
The combined investment from both GX Promotion Organization and private-sector investors is expected to reach around 20 billion yen. This move comes as part of the government's efforts to promote cutting-edge technologies in nuclear fusion and plastic recycling, with a focus on reducing greenhouse gas emissions.