Mizuho’s Revised Policy Tightens Approach to Climate Risk – But Still Far from Paris Agreement Goals
On May 13th, Japanese megabank Mizuho Financial Group (hereinafter Mizuho) announced revisions to its lending and investment policies which include…
On May 13th, Japanese megabank Mizuho Financial Group (hereinafter Mizuho) announced revisions to its lending and investment policies which include…
Japan’s Megabank Still Not Aligned with the Paris Agreement
What better time to cancel the Rampal coal plant than now, when the world and Bangladesh are rethinking their reliance on coal to generate electricity. If built, the legacy of this toxic coal plant would shroud the advances the government has made on renewables.
Bangladesh can very well do without Rampal.
The month of May is Asian American and Pacific Islander (AAPI) Heritage Month in the United States. With the world in multiple crises, generating global understanding and solidarity is more important than ever.
The exclusion of coal in the new investment policy further affirms that coal is not only bad for the environment and our climate, it is also a bad investment because of the growing risk of coal infrastructure becoming stranded assets.
Coalition calls on Bank to stop fueling the climate crisis and go fossil free
Climate activists held a peaceful demonstration in front of Adaro Energy’s building today during the Annual General Meeting of Adaro Energy, Indonesia’s second-largest coal producer. The activists called on the energy giant’s investors and banks to urge Adaro Energy to start reducing their dependency on coal, develop clear plans for phasing out coal and begin a transition to just and clean energy.
It is no secret that Japanese banks are the top lenders for the global coal industry, funding the acceleration of the climate crisis worldwide.
Today, Earth Day, the Biden Administration kicked off the first day of the Leaders Summit on Climate, with 40 countries…
A new international coalition calls on ADB to make a landmark climate pledge and end fossil fuel finance.