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China, major banks financing new coal power projects in Africa, Asia, says report

September 16, 2021

VIENNA -- New research published by Sustainable Energy for All (SEforALL) and Climate Policy Initiative (CPI) says  pockets of funders continue to finance additional coal-fired generation capacity in South Asia and Sub-Saharan Africa. It says Chinese state-owned institutions and the world's largest banks continue to finance coal power in countries with greatest needs for electricity access, with US$42 billion committed to grid-connected coal power plants between 2013-2019 in 18 countries studied.

Japanese investors more cautious in offshore commitments: Natixis

September 17, 2021

TOKYO -- While global financial markets became more optimistic from March 2020 after the announcement of massive stimuli globally as a response to the COVID-19 pandemic, Japanese investors have remained cautious in investing overseas, according to a new report from global financial group Natixis. Even in the first half of 2021, the report says, Japanese investors have been trimming their portfolio investment overseas.