Media Releases
Apr 16, 2023 - Valentina Stackl
Japan-hosted G7 Ministers falsely claim they have ended fossil fuel finance, leave door open to gas investments
G7 Climate, Energy and Environment Ministers issued a communique ahead of next month’s G7 Leaders Summit that leaves the door open for investments in new capacity and endorses fossil fuel-based technologies promoted by Japan, this year’s G7 host. This contradicts IEA's most recent G7 analysis, reaffirming that no new gas fields or LNG infrastructure should be developed nor is needed in a scenario that limits global warming to 1.5°C.
Apr 14, 2023 - Environmental NGOs
Open Letter: ‘No room for fossil fuels in climate-vulnerable developing countries’ – G7 nations must reject the rollout of false energy transition technologies
39 climate and environmental groups submitted an open letter slamming G7 nations’ push for unviable energy transition technologies. These technologies include fossil gas, ammonia/ hydrogen/ biomass co-firing in existing coal / gas-fired power plants, and Carbon Capture and Storage (CCS), raising concerns that they prolong the use of fossil fuels amid a worsening climate crisis.
Apr 11, 2023 - Environmental NGOs
Six companies in Tokyo Prime Market, including all 3 “Mega-banks” face climate shareholder resolutions
Today, climate-related shareholder resolutions have been announced targeting Japan’s largest banks and energy corporations. A coalition of environment organisations and shareholders have filed the resolutions calling for greater disclosure by the companies on how they will meet their net zero commitments. Resolutions have been filed to three Japanese mega banks and three energy giants.
Nov 1, 2022 - Environmental NGOs
56 groups from 29 countries opposed to Japan’s promotion of False Solution – Japanese Government should commit to ending fossil fuel finance at COP27
Ahead of the 27th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) to be held in Egypt from November 6, 2022, 56 organizations from 29 countries have submitted a letter to Prime Minister Fumio Kishida to stop promoting false solutions against climate change and commit to ending support for fossil fuels.