Japanese Megabanks – Mitsubishi UFJ, Sumitomo Mitsui, Mizuho lacking concrete measures to address climate risks
【350.org Japan new announcement】Japanese Megabanks – Mitsubishi UFJ, Sumitomo Mitsui, Mizuho lacking concrete measures to address climate risks
Four New Coal Power Plants Start Operation in 2020 Olympics Year
For a country that aims to reduce greenhouse gas emissions by 26% by 2030, it's an odd move of Japanese government to support the domestic coal fired power projects. Japan aims to promote its initiative “Towards Zero Carbon” by offsetting all emissions at Tokyo 2020. Yet, this exact year of the Olympics, four new large scale coal plants are expected to start operating.
Sumitomo Corporation Must Aim at Complete Coal Phase-Out to Combat Climate Change
[NGO Joint Statement on Sumitomo Corporation’s Coal Policy] Sumitomo corporation announced that it will no longer develop new coal-fired power generation and coal mining projects. However, this is not sufficient to actually combat climate change.
Over 900 Japanese Citizens Submit Divestment Pledges
Over 900 Japanese Citizens Submit Divestment Pledges(Worth Estimated ¥2.2 Billion) before the G20 Finance Ministers and Central Bank Governors Meeting.
Japan funds toxic coal plants abroad emitting 13-40 times more pollution than domestic plants
The Japanese Government and its public finance agencies JBIC, JICA, NEXI are exporting pollution to other countries by funding coal-fired power plants abroad, that emit far more toxic air pollutants than would be allowed in Japan.