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Chain reaction

11 Nov 2020 By Katrina Hamlin

New Prime Minister Suga wants to cut greenhouse gases to zero by 2050. That’s ominous for MUFG, Mizuho and peers, who provided more than $150 bln in loans and underwriting for fossil fuels over five years. Powerful investors like $1.6 trln pension fund GPIF can crack the whip.

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