原料炭への融資、 いま中止すべき

The report highlights a critical loophole in financial sector policies where metallurgical coal is often excluded from coal phase-out commitments. Despite the IEA stating that existing mines can meet demand until 2050, 118 companies are planning new projects with a combined capacity of 406Mtpa. Between 2016 and June 2023, banks provided over $557 billion to 50 major metallurgical coal developers, with Japanese banks accounting for 29% of this support. The document identifies a lack of specific metallurgical coal policies among 100 analyzed financial institutions, with only five banks having such policies. It advocates for a total cessation of financial services for new projects and the adoption of a just transition plan for workers and communities.

• Financial institutions have a significant policy gap regarding metallurgical coal; while many have phased out thermal coal, metallurgical coal—which accounts for approximately 14% of global coal production—is frequently excluded from these policies.
• Current metallurgical coal production capacity is sufficient to meet global demand through 2050 according to the IEA, yet 118 companies are planning new projects or expansions totaling 406Mtpa, which would increase current capacity by 24.1%.
• Japanese banks are major financiers of metallurgical coal expansion, providing 29% of the total funding identified in the study. The top five banks overall include MUFG, Mizuho, SMBC Group, Citigroup, and Sumitomo Mitsui Trust.
• Metallurgical coal mining poses a severe climate threat not only through CO2 emissions from steel production but also through significant methane leaks. If all proposed projects start by 2030, methane emissions from metallurgical coal could increase by 7% to 20%.

APA

Rocamora, C., Her, H., Miomandre, L., Lassus, J., Pinson, L., Mathieu, A., & Faul, C. (2023). 原料炭への融資、 いま中止すべき. Reclaim Finance. https://reclaimfinance.org/site/wp-content/uploads/2024/03/Reclaim_Finance_Metallurgical_Coal_November_2023_JPNfinal-1.pdf

Chicago

Rocamora, Cynthia, Henri Her, Lea Miomandre, Julie Lassus, Lucie Pinson, Aurore Mathieu, and Clément Faul. 原料炭への融資、 いま中止すべき. Reclaim Finance, 2023. https://reclaimfinance.org/site/wp-content/uploads/2024/03/Reclaim_Finance_Metallurgical_Coal_November_2023_JPNfinal-1.pdf.

Wikipedia

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BibTeX

@techreport{rocamora2023, author = {Rocamora, Cynthia and Her, Henri and Miomandre, Lea and Lassus, Julie and Pinson, Lucie and Mathieu, Aurore and Faul, Clément}, title = {{原料炭への融資、 いま中止すべき}}, institution = {Reclaim Finance}, year = {2023}, month = nov, url = {https://reclaimfinance.org/site/wp-content/uploads/2024/03/Reclaim_Finance_Metallurgical_Coal_November_2023_JPNfinal-1.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }