Ministers from Japan, Australia and Southeast Asian countries have agreed to work together to achieve decarbonisation by using hydrogen and ammonia, which do not release carbon dioxide when burned.
The first ministerial meeting of the 11-member Asian Zero Emissions Community, or AZEC, took place in Tokyo on Saturday.
Asian countries emit about 60 percent of global CO2 emissions. Their energy consumption increases with the development of their economy.
Countries recognize that they need to achieve decarbonisation without harming their economic growth.
In a joint statement, AZEC ministers pointed to the need to achieve both the transition from fossil fuels to new energy sources and economic growth.
They emphasized the importance of using different energy sources and technologies depending on the industrial structure and geographical conditions of each country.
Asian nations have agreed to work together to develop hydrogen and ammonia technology while creating businesses.
Japan has pledged to provide financial support to help build the necessary infrastructure.
As chair of the Group of Seven summit in Hiroshima in May, Japan aims to take the lead in decarbonisation discussions and promote its technology across Asia.