ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Opinion

Japanese banks must stop funding coal megaprojects

#ChangeMizuhoChangeWorld protest highlights environmental damage of dirty fuel

| Japan
A coal yard of the Cua Ong Coal Preparation Company in Cam Pha, Vietnam: the coal exit has to happen to avoid irreversible climate chaos.   © Reuters

From Isao Sakai

Today, March 6, student activist group Fridays for the Future Tokyo, inspired by Greta Thunberg and driven by a grassroots movement, will host a public protest against Mizuho Bank. Research shows that it is the biggest private lender for new coal power worldwide: it has provided $16.8 billion in direct loans to coal plant developers since 2017.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more