Letters Urging Japanese Banks and Traders to Stop Unsustainable Biomass Imports and Investments

North American organizations wrote to request that Japanese banks and power generation companies adopt a wood biomass climate and sustainability policy or strengthen existing policies. Better policies are needed because wood biomass worsens climate change, harms forests, and violates the civil rights of communities. Strong policies will protect the rights of communities, fully disclose emissions from biomass use, and ensure that primary or natural forests are not cut down to make wood pellets. Read the full letters below. 

Letter to Japanese Banks

Japanese Translation of Letter to Banks

This letter is to be sent to Sumitomo Mitsui Financial Group, Mizuho Financial Group, Sumitomo Mitsui Trust Group, Mitsubishi UFJ Financial Group, Yamaguchi Financial Group, Iyogin Holdings, Inc., Resona Holdings, Inc., Daishi Hokuetsu Financial Group, The Bank of Yokohama ConcordiaFinancial Group, Nippon Life Insurance Company, The Shoko Chukin Bank, Development Bank of Japan, Central Bank Financial Group, Chiba Bank, Tottori Bank, Tomoni Holdings Co., Asahi Mutual Life Insurance, SBI Holdings, Inc., Mebuki Financial Group, and Fukuoka Financial Group.

Letter to Japanese Traders and Power Generation Companies

Japanese Translation of Letter to Traders

This letter is to be sent to Kansai Electric Power Co., Osaka Gas, Tokyo Gas, Chubu Electric Power Co., Mitsubishi Corporation, Kyushu Electric Power Co., Renova, Sumitomo Corporation, oil exploration (JAPEX), EREX, Marubeni Corporation, Able, ITOCHUCorporation, Green Holdings LP, JFEHoldings, Inc., Sumitomo Forestry, Toho Gas Co., Shikoku ElectricPower, United Planning Corporation, Hokuriku Electric Power Co., JERA, J-Power, Toyota Tsusho Corporation, and Mitsui Corporaton.