By Will van de Pol, Chief Executive, Market Forces AS LIBERAL MEMBERS squabble after formally rejecting the scientific and economic imperative to reach net zero greenhouse gas emissions, a division is also starting to open up among the nation’s largest banks....
Opinion
Southeast Asian banks need to end loopholes allowing finance for industrial coal powerÂ
By Binbin Mariana, Senior Asia Energy Finance Campaigner, Market Forces, a clean energy finance advocacy organisation working across Asia and Australia. Southeast Asia’s biggest banks have made public commitments to sustainability and phasing out financing for coal,...
Wake up HESTA: Backing new gas is harming our healthÂ
By Veronique Hamilton, a credentialed mental health nurse and founder of a business, Exploring Minds, who has worked as a Mental Health Postgraduate Coordinator, Mental Health Promotion Officer, in addition to clinical roles in multidisciplinary teams and settings. As...
Funding coal-powered nickel in Indonesia is a climate disaster
By: Ginanjar Ariyasuta, Indonesia Energy Finance Campaigner, Market Forces Indonesia’s ambition to dominate the global nickel market is a key driver of its ambitious target to lead Southeast Asia with an economic growth rate of eight per cent. The world is going into...
Japan’s top investors have a duty to back a clean energy future
Sachiko Suzuki is Asia climate and energy analyst for Market Forces. Japan faces another scorching summer, but the country's biggest investment companies are stalling the shift to clean energy with the risk of making global warming-fueled disasters worse by pouring...
Ditching net zero is a dangerous gamble for Japan’s megabanks
MUFG and SMBC's UN climate exit signals a troubling retreat from sustainability Eri Watanabe is a senior Japan energy finance campaigner at Market Forces, a clean energy finance advocacy group working across Asia and Australia. Japan's two largest banks, MUFG and...
Is Japan a friend in need or a friend indeed for Bangladesh?Â
By Munira Chowdhury, Asia Energy Analyst, Market Forces, a clean energy finance advocacy organisation working across Asia. Munira is an author on Bangladesh energy affairs and a former policy researcher in Bangladesh. Six months since Bangladesh was born anew, the...
Japan’s trading houses have a duty to turn off the gas
Corporate giants are able to spread renewable energy and shape policies across Asia By Sachiko Suzuki, Asia climate and energy analyst for Market Forces, a Melbourne-based initiative researching the financing of environmentally destructive projects. Japan's largest...
Macquarie’s climate credentials up in smoke
By Kyle Robertson, Senior Banks Analyst, Market Forces. Macquarie Bank has sent shockwaves around the world quietly announcing it has quit the Net Zero Banking Alliance (NZBA) this week, taking the dubious honour of being the first major Australian financial...
Climate heat is still on investors despite BlackRock’s net zero exit
By Will van de Pol, CEO, Market Forces. Mr van de Pol is an expert in ethical asset management and clean energy finance. It is hard to rationalise the recent decisions United States banks and investors have made to quit climate initiatives at the same time as global...