Tag: Coal plants

Why Japanese Megabanks hesitating to Finance Coal-Fired Power Plants?

Apr 16, 2020

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by

Aditi Tiwari

in Non Coking

Japan’s private banks, Mizuho, MUFG, and SMBC Group – are the top three largest lenders to coal developers globally, providing nearly USD 39.3 billion over three years. Furthermore, MUFG is the world’s 6th largest investor for 30 top coal power companies, followed by Mizuho which is the 8th and SMBC which is the 21st largest…