Minister Koizumi, Can You Hear Us? NOW is the Time to Act.
The 25th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP25) is being held between Dec 2nd and Dec 13th in Madrid, Spain. During the COP25, Japan has got international criticisms on its coal finance.
Final Call? Sayonara Coal Again
While government representatives are negotiating how to tackle the climate crisis at COP, voices protesting Japan’s support for coal-fired power generation resonated outside the venue. Japan’s support for coal has been criticized at major international conferences such as COP, particularly amongst developing country members affected by the climate crisis.
Coalition Launches Provocative Financial Times Ad Urging Japanese Prime Minister Abe To Win Gold, Lose Coal
The No Coal Japan coalition published a provocative ad in the Financial Times (Asia edition) featuring a caricature of Japanese Prime Minister Shinzo Abe dressed in a running tank top with a “coal medal” hanging around his neck. The ad reads, “We are in a race against catastrophic climate change,” and urges Prime Minister Abe to win the race by ending support for coal-fired power plants.
Kicking Off COP25 Madrid – A System Change to Overcome the Climate Crisis
The United Nations Framework Convention on Climate Change will be held in Madrid, Spain for two weeks from December 2nd to December 13th. This article is a summarization of both this conference’s notable points as well as the perspectives of civil society.
The 2019 Scorecard on Insurance Underwriting for Coal Projects: Tokio Marine, MS&AD, and SOMPO got the lowest score
Unfriend Coal Campaign published the ranking of 30 leading insurers worldwide for efforts for climate change and divestment from coal. It shows that insurers with the policy to end/limit insurance underwriting for coal projects such as Allianz, AXA, Swiss Re, Munich Re, Chubb, QBE, etc. rank relatively high, on the other hand, Japanese major non-life insurance companies that do not have such policies: Tokio Marine, MS & AD, and SOMPO rank at the bottom.