Japan's ruling coalition, led by new Prime Minister Shigeru Ishiba, is projected to lose its majority in the lower house following snap elections. This marks the Liberal Democratic Party's worst performance since 2009, amid voter dissatisfaction over rising prices and a scandal involving a party slush fund.
Japan's Liberal Democratic Party (LDP) is projected to lose its parliamentary majority in the recent snap election, with exit polls indicating it may fall short even with its coalition partner, Komeito. The LDP, led by Prime Minister Shigeru Ishiba, faces challenges from rising inflation and internal corruption scandals, while opposition parties like the Constitutional Democratic Party and the Democratic Party for the People are expected to gain seats. If the predictions hold, this would mark the first loss of majority for the LDP since 2009.
Japan's Asia Zero Emission Community (AZEC) initiative, aimed at fostering regional decarbonization, has faced criticism for promoting fossil fuel projects, with over one-third of its agreements supporting such technologies. Critics argue that this approach undermines genuine emissions reductions and perpetuates reliance on fossil fuels, despite Japan's commitment to end financing for unabated fossil energy. While some agreements focus on renewable energy, the majority still favor fossil-based solutions, raising concerns about long-term climate impacts in Southeast Asia.
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