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November 21, 2024
 

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Simon Jessop
People walk near the entrance of the venue of the United Nations climate change conference COP29, in Baku, Azerbaijan, on Monday.
BUSINESS / Economy
Nov 20, 2024
Development banks seek private money for climate change fight
Development banks committed to increasing their lending to poorer countries to $120 billion a year by 2030.
President of Azerbaijan Ilham Aliyev speaks at the Opening Ceremony of the United Nations climate change conference COP29 in Baku, Azerbaijan, on Tuesday.
WORLD / Politics
Nov 13, 2024
COP29 host Azerbaijan hits out at West in defense of using oil and gas
Some observers of the COP29 negotiations said the president of Azerbaijan's remarks did not bode well for a strong result from the two-week summit.
Some major world economies want to finalize a plan ahead of this year's U.N. climate summit to halt new private sector funding for coal projects.
ENVIRONMENT / Climate change
Jun 8, 2024
Major world economies seek to halt new private sector coal financing
The biggest pushback on the OECD proposal to halt new private sector funding for coal projects has come from Japan, sources said.
The decisions by JPMorgan and State Street to quit a global investor coalition will collectively remove trillions of dollars from efforts to coordinate Wall Street action on climate change.
BUSINESS / Companies
Feb 16, 2024
JPMorgan and State Street quit climate group as BlackRock steps back
Financial firms have faced growing pressure from Republican politicians over their membership in such groups.
An oil pump outside Saint-Fiacre, near Paris, in 2019
BUSINESS
Dec 13, 2023
Big Oil's bid to woo ESG investors fails to impress
A pledge by 50 of the biggest oil and gas companies at the U.N. climate talks in Dubai commits to reaching near-zero methane emissions by 2030.
A man holding a child crosses a damaged bridge after Typhoon Doksuri, in Zhuozhou, China, on Aug. 7.
BUSINESS / Markets
Dec 12, 2023
Storm assault on Chinese ports a wake-up call for climate risks
Typhoon Doksuri delivered Beijing's worst flooding in more than 50 years, shuttering factories, collapsing homes and displacing tens of thousands.
Steam rises from the cooling towers of the coal power plant of RWE, one of Europe's biggest electricity and gas companies, in Niederaussem, Germany.
BUSINESS / Companies
Nov 6, 2023
Just 4% of top firms meet U.N. climate target guidelines, study says
The pace of change among governments and corporations is set to form a central part of the COP28 climate talks starting later this month.
Pump jacks in an oil field in Midland, Texas. Big Oil is responsible for the bulk of human-induced greenhouse gas emissions and pressure for action is building.
BUSINESS
Oct 7, 2023
Exxon Mobil's megadeal to test climate-aware shareholders
Negotiations between Exxon and Pioneer are advanced but have not yet led to an agreement over the acquisition.
Japan Times
WORLD
May 21, 2023
Heat insurance offers climate change lifeline to poor workers
This form of disaster assistance is on the rise across the developing world, as vulnerable communities are hammered by worsening drought, storms and heat waves.
Japan Times
BUSINESS / ANALYSIS
Nov 3, 2022
Hope fades for action by Big Finance on climate crisis
In interviews, more than a dozen U.S. and European finance leaders were pessimistic the COP27 climate conference in Egypt starting Nov. 6 can make clear progress.
Japan Times
BUSINESS / ANALYSIS
Jun 16, 2022
Overlapping rules to curb 'greenwashing' may only add to company frustration
A coalition of 7,000 global companies is calling on the regulators to converge their definitions, terminology and concepts before finalizing the rules later this year.
Japan Times
WORLD
Apr 18, 2022
Global Citizen seeks up to $1 billion for six sustainable 'Impact' funds
The funds aim to help plug a large gap in funding for poorer countries struggling to meet the United Nations 2030 Sustainable Development Goals.
Japan Times
WORLD / FOCUS
Feb 23, 2022
Investors seek greater scrutiny on corporate sustainability assets worth $35 trillion
Reliable checks on companies' sustainability credentials will take years to develop, auditors have said.
Japan Times
BUSINESS
Feb 22, 2022
EU proposes rules to make companies undertake human rights and ethics checks
Firms will have to make sure that their suppliers are not using forced labor or child labor, and are not guilty of inadequate workplace health and safety, among other things.
Japan Times
BUSINESS / Markets
Feb 1, 2022
Investor clash on gas and nuclear muddies EU green finance drive
In a market already divided, the attempt to reach a common definition for sustainable investments risk could fragment things further.
Japan Times
BUSINESS
Dec 26, 2021
How 2021 became the year of ESG investing
Major wins for ESG investors pushing for changes at companies this year included the replacement of three directors at Exxon Mobil.
Japan Times
BUSINESS / Companies
Dec 14, 2021
HSBC says clients must have plan to exit coal by end of 2023
Built on earlier promises to phase out coal, the policy would stay in line with the science of climate change and be reviewed annually.
Japan Times
BUSINESS / FOCUS
Nov 15, 2021
Shipping companies feel the heat as investors shun coal
Such pressures pose new challenges for the shipping industry, which hitherto largely hasn't been drawn into the center of the coal debate.
Japan Times
BUSINESS / ANALYSIS
Nov 15, 2021
COP26 message to business: Clean up to cash in
The deal announced late Saturday pushes countries to reassess business strategies and carbon footprints to reap monetary rewards, or lag and risk losses.
Japan Times
BUSINESS / ANALYSIS
Oct 20, 2021
Investors fear green complexity as countries draft over 30 sustainability rule sets
After years of complaints that there were no rules to determine what constitutes a 'sustainable' investment, some are now fretting that soon there will be too many.
Ishiba delays meeting with Trump, citing legal restrictions
Prime Minister Shigeru Ishiba waves upon arrival for the Asia-Pacific Economic Cooperation forum, in Callao, Peru, on Friday.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

SUSTAINABLE JAPAN

Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

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