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China and Japan 'risk missing' $205bn ASEAN renewables opportunity

Greenpeace says governments need to nudge banks out of fossil fuel comfort zone

A solar power plant in Indonesia: "East Asian finance will be as important for renewable energy in Southeast Asia as it was for coal," the head of climate and energy for Greenpeace Japan says.   © Reuters

TOKYO -- The prospects for keeping global temperatures in check seemed to be brightening as more than 70 heads of state gathered virtually over the weekend to mark the fifth anniversary of the Paris climate accord.

A report by Greenpeace released on Tuesday, however, argues that major economies trumpeting lofty goals are still not doing enough -- and that their banks need to step up.

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