While efforts to de-carbon becomes the international issues, the Japan Bank for International Cooperation of the government-affiliated financial institutions, the balance of the financing of overseas coal-fired power plants, has set a target of zero to the prospect of the 2040 fiscal year ..
The Japan Bank for International Cooperation has indicated that it will not accept new loans in principle for overseas coal-fired power generation projects in which Japanese companies participate.
However, until last year, businesses with high power generation efficiency among coal-fired power plants were covered by loans, so the loan balance as of the end of March was 660.5 billion yen.
In this bank about this, in order to clarify the attitude toward decarbonization, the prospect of the 2040 fiscal year, we newly established the goal of the loan balance for coal-fired to zero.
As a general rule, it does not accept new loans, and it is expected that it can be achieved by repayment progressing in the future.
Regarding coal-fired power, Mitsubishi UFJ, Sumitomo Mitsui, and Mizuho's major private financial groups have also decided not to provide loans, and all have set a goal of zero balance by 2040. Correspondence is accelerating.