For subscribers

Japan's mega banks vow not to finance new coal plants

Sign up now: Get ST's newsletters delivered to your inbox

Japan's mega banks commit to varying degrees to stop financing new coal power projects as pressure mounts on the world's third-largest economy to take stronger climate action.

PHOTO: NOBLE GROUP

Walter Sim Japan Correspondent In Tokyo, Walter Sim

Google Preferred Source badge
Japan's mega banks have announced commitments of varying degrees to stop financing new coal power projects as global pressure mounts on the world's third-largest economy to take stronger climate action.
The country's second and third-largest lenders - Mizuho Financial Group and Sumitomo Mitsui Financial Group (SMBC) - unveiled their pledges last week.
See more on