Today, at COP28 World Leaders’ Summit, Japanese Prime Minister Fumio Kishida said that unabated coal-fired power plants should be addressed within the context of each country’s own pathway to net-zero. He also highlighted Japan’s support of the “Asia Zero Emission Community and said Japan will help increase the World Bank and ADB’s lending capacity by … Read More
They are calling it the largest civil disobedience climate protest in the history of Australia. This weekend, thousands of activists, young and old, from across the country descended on the world’s largest coal port at Muloobinba (Newcastle), on Awabakal and Worimi land and water.
Download the briefing in English or Japanese. Despite the urgent need to phase out fossil fuels, Japan is driving the expansion of liquified gas (LNG) and other fossil-based technologies like ammonia co-firing across Asia and globally. This will worsen the climate crisis and harm communities and ecosystems. Communities and movements are rising up – particularly in the Global South – … Read More
Today, Japanese and South Korean leaders are expected to announce a joint supply network for hydrogen and ammonia at the Asia Pacific Economic Cooperation (APEC) meeting. The initial announcement did not restrict the supply chain to renewable energy-based green hydrogen and ammonia, according to the Nikkei report of the development. Without clear guardrails, experts say … Read More
Rich countries have continued to approve USD 4.4 billion in international public finance despite committing to end this support by the end of 2022. Six countries including the United States, Germany, Italy and Japan have at least 26 fossil fuel projects awaiting approvals, with Germany having the biggest number of projects pending.
Two weeks before global leaders gather for the UN Climate Ambition Summit in New York, new analysis by Oil Change International shows that several major countries continue to pump $4.4 billion in public finance into international fossil fuel projects despite committing to end this support by the end of 2022.
“At a time when we rapidly need to phase out fossil fuels, this year’s G7 host has pushed for the expansion of gas and LNG and technologies that would prolong the use of coal,” said Susanne Wong, Asia Program Manager.
“Our communities and climate cannot afford more fossil fuels, nor more dangerous distractions like carbon capture, hydrogen, or ammonia — it’s long past time to end the era of fossil fuels,” said Collin Rees.
This week sees two crucial energy meetings in Japan, a country which remains one of the most prominent financiers of fossil fuels.
A global coalition of civil society groups organized a demonstration at the COP27 climate negotiations in Egypt on “Finance Day” to demand wealthy governments – particularly Japan as the world’s largest financier of fossil fuels – stop financing new fossil fuel projects and shift investments to renewable energy.