The JET partnerships shouldn’t lock Global South countries into further debt, and unfortunately, we see only a minor portion of the Vietnam agreement as grant-based, with the majority as public loans and private pledges.
The 20-minute film highlights the struggles of surrounding communities, who lost their land and livelihoods due to the construction and operation of the Japan-funded coal plant project in Matarbari, Bangladesh.
Without a phase out of fossil fuels we are setting the world on a path for further losses and damages. This is where the COP has failed.
Experts called on COP27 decision-makers to commit to ensuring that a swift, just and equitable phase-out of fossil fuels is secured in the final text, in order to stay at 1.5 degrees.
The only way forward to achieve the Paris Agreement target and safeguarding the sustainable development goals is to halt any new development of coal, oil and gas, and to redirect financial flows towards sustainable renewable energy for all.
Shareholders representing $22 billion investment have put four of Japan’s largest companies in the spotlight on climate-risk management.
