noun
depopulation bond; funding measure for depopulated areas
A financial instrument or funding measure used by local governments in Japan to address issues arising from population decline, such as infrastructure maintenance and revitalization projects.
過疎債を活用して、地域の道路整備を進めています。
We are using depopulation bonds to promote road maintenance in the region.
過疎債は、人口減少に悩む自治体にとって重要な財源です。
Depopulation bonds are an important financial resource for municipalities struggling with population decline.
地方債 is a general term for local government bonds, whereas 過疎債 is a specific type issued for depopulation-related projects.
Compound of 過疎 (depopulation) and 債 (bond, debt). The term likely emerged in the context of Japanese regional policy to address population decline.