ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Climate Change

Tokyo vows at G-7 to cut off overseas coal financing this year

Suga takes jab at China, saying 'major emitters' also need to make more cuts

Climate activists dressed as the electric Pokemon character Pikachu hold a demonstration June 11 in the U.K. ahead of the Group of Seven summit.   © Kyodo

TOKYO -- Japanese Prime Minister Yoshihide Suga has committed to ending government support this year for overseas coal power projects led by domestic companies without offsets, bringing his country in line with Group of Seven peers in their stance against the fossil fuel.

Suga's promise Sunday at the G-7 summit in the U.K. marks a step forward from May, when Japan agreed at a meeting of environmental ministers to take specific actions on ending coal funding in 2021.

Sponsored Content

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

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

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