Mizuho claims it is 

 "proactively addressing climate change."*

 But its actions show otherwise. 

    

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These are the facts about Mizuho’s role in the climate crisis.

Since 2017, Mizuho has lent US$16.8 billion to coal plant developers.
​
(Source: Japan Times, 2019)

World’s biggest private lender to coal power 

 Flawed 

 sustainability policy 

Mizuho’s policy allows it to fund coal power across Southeast Asia.
 
(Source: Market Forces, 2019)

© Kemal Jufri / Greenpeace

Mizuho is implicated in financing companies responsible for rainforest and peatland destruction in Indonesia. 
 
(Source: RAN, 2020)

 Financing forest fires

Nghi Son 2 in Vietnam - a reportedly Mizuho-backed coal plant - uses outdated technology with poor pollution controls. The coal-fired power plant when operational would generate twice as much CO2 per every unit of power compared to an average plant in Vietnam.
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(Source: Straits Times, 2018 and FoE Australia, 2018)

 Deadly pollution 

© Aulia Erlangga / Greenpeace

Mizuho reportedly financed a coal project in Indonesia that has been embroiled in corruption allegations.
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(Source: Market Forces, 2019)

 Bribery scandal 

  Trashing   Japan’s global   reputation 

Vung Ang 2 in Vietnam has sparked fierce criticism of the Japanese Government -- even Environment Minister Shinjiro Koizumi has responded, saying the project is at odds with measures needed to stop climate change. This also drew criticism at global climate talks in 2019.
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(Source: The Mainichi, 2020 and Nikkei Asian Review, 2019)

Mizuho: for the sake of our planet,

it's time to stop funding coal.