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Why Japan?
Big money
Japan is one of world’s top financiers of fossil fuels.
Dangerous gas
Japan is driving the expansion of gas infrastructure in Asia.
Human rights violations
Fossil fuel projects are harming communities and ecosystems.
Dirty coal
Japan continues to support dirty coal plants.
Climate crisis
New gas, coal and oil projects will lock in decades of emissions we cannot afford.
How Japan supports fossil fuels
GOVERNMENT:
Japan spends over $10 billion a year on public finance for gas, coal and oil.
PRIVATE BANKS:
SMBC, MUFG and Mizuho rank amongst the world’s largest financiers of fossil fuels.
INSURERS:
Tokio Marine, SOMPO and MS&AD are lagging behind on oil and gas phase-out policies.
OTHER CORPORATIONS:
Mitsubishi Corp., JERA and others are developing projects that will lock in decades of new emissions.
World leaders are turning their backs on fossils
António Guterres, Secretary-General of the United Nations
Fatih Birol, President of the International Energy Agency
Former UN climate chief Christiana Figueres
Statement On International Public Support For The Clean Energy Transition, signed by 39 governments and institutions