October 18, 2024
Study Report
Faces of Impact: JBIC and Japan’s LNG Financing Harms Communities and the Planet
Japan has poured billions of dollars into fossil gas expansion, harming communities and ecosystems across the globe and exacerbating the climate crisis. One institution stands out in particular for its egregious fossil gas financing – the Japan Bank for International Cooperation (JBIC), owned entirely by the Japanese government. Fossil gas projects not only exacerbate the climate crisis, but also have disastrous impacts on the livelihoods, health, and security of local communities; on marine biodiversity; and on the fundamental human rights of Indigenous Peoples. This report highlights the severe impacts of JBIC-financed fossil gas projects on local communities and the environment, revealing a significant disconnect between Japan’s climate commitments and its financing practices. It concludes with a call for Japan to align its financing with its climate commitments and to stop harming communities and ecosystems.
Digital Storyboard: Faces of Impact: JBIC and Japan’s LNG Financing Harms Communities and the Planet
Microsite: https://www.enddirtyfinancing.org/location/bangladesh