How can Germany and Japan work together to secure supply chains and drive the transition to climate neutrality in the face of growing geopolitical risks? To address this question, Her Excellency Petra Sigmund and Frankfurt Main Finance invited guests to the German Embassy in Tokyo on 21 November 2024. The keynote speech was given by Hubertus Väth, Managing Director of Frankfurt Main Finance. The keynote was preceded by a moment of remembrance for Friedrich von Metzler, whose work not only had a lasting impact on Frankfurt as a financial centre but far beyond that.
In view of global tensions, the resilience of supply chains remains a topical issue; Germany and Japan are still heavily dependent on China for key components. Only together can we succeed in minimising vulnerabilities in order to achieve the goal of climate neutrality.
International carbon market standards, as agreed at COP29, open up new financing opportunities. As financial centres, Frankfurt and Tokyo play a central role in this. Frankfurt’s strengthened position after Brexit, supported by the Future Financing Act, promotes sustainable investment and the global climate transition.
The evening once again emphasised how many values Germany and Japan have in common. Innovative strength, trust and an optimistic view of the future are among them.
We are proud of our partnership with the Tokyo financial centre. Germany and Japan can play a key role in shaping the transition to a sustainable and resilient economy. Our study on the German-Japanese transformation partnership provides comprehensive insights into this topic.