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Japan bank head says transition funds are critical for climate

Japan bank head says transition funds are critical for climate Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/ Makoto Takashima, chairman of the Japanese Bankers Association, speaks during an interview in Tokyo last month. Takashima assumed the post of chairman on Thursday. | BLOOMBERG Bloomberg Jul 1, 2021 Helping big polluters transform into greener enterprises is one of the biggest challenges facing Japanese banks, and simply cutting off funding for “brown” companies could jeopardize those transition efforts, said the head of the country’s banking group.

NGOs pressure on banks threatens $3 5bn pipeline project financing

NGOs pressure on banks threatens $3 5bn pipeline project financing
theeastafrican.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theeastafrican.co.ke Daily Mail and Mail on Sunday newspapers.

SMBC Launches Sustainability-Linked Loan for Overseas Japanese Customers

Press release content from Business Wire. The AP news staff was not involved in its creation. SMBC Launches Sustainability-Linked Loan for Overseas Japanese Customers February 5, 2021 GMT TOKYO (BUSINESS WIRE) Feb 5, 2021 Sumitomo Mitsui Banking Corporation (“SMBC”) (President and Group CEO: Makoto Takashima) announced today the launch of Sustainability-Linked Loan (“SLL”) financing for its overseas Japanese customer’s ESG (※1) and SDGs (※2) related activities. The objective of SLLs is to promote and support environmentally and socially beneficial economic activities by linking corporate loan terms with a customer’s performance against mutually-agreed, sustainability performance targets (“SPTs”) consistent with a customer’s sustainability strategy. The objective of the SLL is to incentivize customers to improve their sustainability performance.

Japan: Withdraw from Coal Power Plant Project in Vietnam

Japan: Withdraw from Coal Power Plant Project in Vietnam Yoshihide Suga, Prime Minister of Japan Taro Aso, Minister of Finance Hiroshi Kajiyama, Minister of Economy, Trade and Industry Tadashi Maeda, Governor, Japan Bank for International Cooperation Atsuro Kuroda, Chairman and CEO, Nippon Export and Investment Insurance Takehiko Kakiuchi, President and CEO, Mitsubishi Corporation Mareshige Shimizu, President and CEO, Chugoku Electric Power Co. Kanetsugu Mike, President and CEO, MUFG Bank Koji Fujiwara, President and CEO, Mizuho Bank Makoto Takashima, President and CEO, Sumitomo Mitsui Banking Corporation Masaru Hashimoto, President, Sumitomo Mitsui Trust Bank Appeal for Japanese government and private sector to withdraw from Vung Ang 2 coal power plant project in Vietnam

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