While the climate crisis requires a rapid transition to renewable energy, Japan's energy strategy relies heavily on liquefied natural gas (LNG), burning ammonia and hydrogen at coal and gas power plants, and carbon capture and storage.

Japan is one of the world's top providers of public finance for gas, spending $4.3 billion on average each year from 2020-2022. The Japan Bank for International Cooperation (JBIC) stands out as the largest financier in the gas development in Southeast Asia.

Japan is missing out the opportunity to become a leader in the climate movement by helping to increase the pace and scale of renewable energy development using its enormous power and influence.