Japan Reforms Its Official Development Assistance (ODA) System

Japan Reforms Its Official Development Assistance (ODA) System

21.05.2025 20:31:49 15556

Japan Reforms Its Official Development Assistance (ODA) System

Japan has updated its ODA legislation to use the budget more efficiently and attract private investment to address global challenges: climate change, poverty reduction, and human rights protection.

📅 As of April 2025, a new law has come into force, granting JICA the following powers:
— Support the issuance of bonds, including green projects
— Provide credit guarantees for small businesses
— Receive loans from international financial institutions
— Return or reallocate unused funds

Japan considers ODA a key diplomatic tool — especially in promoting the concept of a "Free and Open Indo-Pacific" in response to China's growing regional influence.

🔗 Source: https://english.kyodonews.net/news/2025/04/41b8b73d7bad-japan-seeks-efficient-use-of-official-development-aid-with-law-change.html?phrase=war&words=&utm_source=chatgpt.com

 

Source : https://www.gov.kz/memleket/entities/kazaid/press/news/details/998324?lang=kk