South and Southeast Asian countries, find themselves increasingly locked in fossil fuels thanks to Japan, one of the world’s biggest fossil fuel investors, influencing their energy policies.
energytracker.asia/japan-influe...
#EndFossilFuels #FossilFuelPhaseOut
Spoke at last week's #CampaignHackathon by @actionaidnepal, NMES & YAN on how climate justice & decent work are linked. 🌍⚒️
Communities losing land, water & forests to climate impacts also face economic precarity. Justice must be collective. ✊🏽
#ClimateJustice #DecentWork
The World Bank should be backing sustainable renewable energy systems that directly serve people — not false solutions.
Read the recommendations in the latest briefing by the Banking on Renewables campaign 👉 bit.ly/BoRfalse
#WBGMeetings #BankOnRenewables #Renewables @powershiftafrica.bsky.social
Japan's significant investments in fossil fuels are shaping energy policies in South and Southeast Asian nations.
Are World Bank Group guarantees really green?
Its agency MIGA claims to have raised $3.54b in climate finance by de-risking private investments.
But without banning gas, MIGA risks enabling banks like Santander to invest in climate-busting projects.
📽 Watch our campaigner Marj explain more
Video
Recourse
In 2021 alone, exposure to air pollution led to over **3 million deaths** in these regions—a staggering figure that highlights the scale of this crisis.
More pressingly, the burden of air pollution is not shared equally.
- Communities in poorer regions suffer disproportionately.
- Young children and older adults account for the majority of deaths.
- Inequalities in exposure, combined with socioeconomic disparities, exacerbate vulnerability.
Despite its severe health and economic impacts, funding to address this issue remains woefully inadequate. Only **1% of international development funding** is allocated to improving outdoor air quality.