Japanese Banks Summary – Banking on Biodiversity Collapse

Forests & Finance has released a new report on the role of Japanese banks in forest-risk commodity sectors.

Banking on Biodiversity Collapse – Japanese Bank Summary highlights how the country’s top banks—MUFG, Mizuho, and SMBC—continue to finance companies driving deforestation in Southeast Asia and South America.

Despite NDPE policies, MUFG continues financing companies tied to massive peatland fires in Indonesia.
Learn more about MUFG’s financing of a carbon bomb.