Financing Climate Change and Nuclear Risk
Financial databases were used to calculate all known corporate loans, underwritings, bondholdings, and shareholdings from 197 Japanese financial institutions provided to 23 selected Japanese companies engaged in the fossil fuel and nuclear power generation sector over the period January 2011 to April 2016.
61 financial institutions provided loans and underwritings to fossil fuel companies amounting to approximately $109.9 billion USD between 2011 and 2016. 95% of these were provided by the top 10 financiers.
54 financial institutions provided loans and underwritings to nuclear power companies amounting to approximately $20 billion USD between 2011 and 2016. 94% of these were provided by the top 10 financiers.
Of the 197 financial institutions researched, 47 did not provide any financing to the fossil fuel or nuclear power companies selected for the report.
“Continued support for fossil fuels and nuclear power by Japan’s financial sector may be hindering the transition to a renewable future.”
Japanese financiers provided $110 bn in loans to fossil fuel companies between 2011-2016. 350.org/ja/my-bank-my-future
Japanese financiers provided $20 bn to nuclear power companies between 2011-2016. 350.org/ja/my-bank-my-future
47 companies in Japan not financing fossil fuels or nuclear power. New Report >> 350.org/ja/my-bank-my-future
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