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Thursday, 04 March 21
HEAD OF JBIC SAYS THE JAPANESE BANK WILL NOT FUND NEW COAL PLANT DEVELOPMENT - NHK NEWS
The governor of the Japan Bank for International Cooperation has said that the government-owned financial institution will stop funding new coal-fired power plant projects overseas.
 
The comment Tuesday by Maeda Tadashi comes amid growing opposition to the use of coal and the role of banks in financing them.
 
He said, “The trend now is to shift away from carbon. Coal is increasingly being rejected as it is the energy source producing the most carbon dioxide emissions.”
 
JBIC has been funding energy projects overseas that involve Japanese businesses.
 
In December, the bank decided to jointly provide about 1.7 billion dollars in financing with private Japanese banks to build a coal-fired power plant in Vietnam. The Vung Ang 2 project has been the target of criticism from overseas investors.
 
Maeda said Vung Ang 2 would probably be the last project in which Japan’s private banks participate.
Source: NHK News


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Sunday, 21 February 21
ANZ DIVESTING FROM THE WORLD’S LARGEST COAL EXPORT PORT IS 'PRAGMATISM' - IEEFA
The biggest buyers of Australian thermal coal have committed to net-zero emissions ANZ, Australia’s third largest bank, has decided to s ...


Sunday, 21 February 21
EDITORIAL: TIME FOR BANGLADESH TO FOCUS ON RENEWABLE ENERGY, NOT COAL - DHAKA TRIBUNE
Shifting away from coal is not only desirable, but absolutely necessary in these times.   In spite of being detrimental to environment ...


Wednesday, 17 February 21
STRANDED ASSETS A LONG-TERM RISK FOR MAJOR FOSSIL FUEL EXPORTERS - FITCH RATINGS
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Friday, 12 February 21
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Wednesday, 10 February 21
FY21 COAL DEMAND MAY BE LOWER THAN PREVIOUSLY ESTIMATED DUE TO COVID-19: PRALHAD JOSHI - PTI
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