[Joint Press Statement] Inadequately aligned with Paris Agreement, Mitsubishi UFJ Financial Group lags far behind its international peers
October 16, 2020. Japan - Mitsubishi UFJ Financial Group (MUFG), the largest banking institution in Japan, released its Sustainability Report.
Launch of Japan Beyond Coal campaign to phase out coal power
September 29, 2020. Tokyo. A campaign aiming to phase out all Japanese coal-fired power plants by 2030 launched in Japan.
Tell Japan’s Ministry of Foreign Affairs and Sumitomo Corporation: Act on Climate and Cancel the Matarbari Phase II Coal Power Plant
A coalition of civil society organizations from Bangladesh, Japan, the United States, and Australia have joined together to oppose this proposed coal-fired power plant, culminating in a global day of action on September 24, 2020.
NGO Statement: TEPCO must be dropped from Consideration as Consultant for review of the Power System Master Plan of Bangladesh
50 Civil Society Organizations sent a letter to Foreign Minister Motegi to demand that Tokyo Electric Power Company (TEPCO) should not be dropped from consideration as a Consultant to review the Power System Master Plan (PSMP) of Bangladesh. TEPCO was involved in formulating the PSMP in Bangladesh since 2010, however, its projections of the growth of power demand in earlier PSMPs have been called out as impractical and highly dependent on fossil fuel, especially coal.
The 5 reasons the Vung Ang 2 coal power plant is a financial and environmental disaster
Vung Ang 2 is a controversial coal-fired power station planned in Central Vietnam. Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMFG), Mizuho Financial Group and Japan Bank for International Cooperation (JBIC), are currently looking to finance the project despite a myriad of problems including environmental and human rights issues which will lead to real financial and reputational risk. Here are the 5 reasons the Vung Ang 2 coal power plant is a financial and environmental disaster that should not be built.