350.org: Japan's International Cooperation Agency Faces First-of-its-Kind Complaint Due to Obscuring Support for Coal to Investors
November 25, 2021
November 25, 2021
BOSTON, Massachusetts, Nov. 25 (TNSOps) -- The 350.org issued the following news release:
Complainants have filed a formal complaint against Japan's International Cooperation Agency (JICA) -- the first of its kind -- to the US Securities and Exchange Commission (SEC). The complaint addresses the agency's false assertion that its bond issued on US markets was free from coal, when in fact JICA's funding will contribute to coal-fired power plants in Bangladesh.
Complainants have filed a formal complaint against Japan's International Cooperation Agency (JICA) -- the first of its kind -- to the US Securities and Exchange Commission (SEC). The complaint addresses the agency's false assertion that its bond issued on US markets was free from coal, when in fact JICA's funding will contribute to coal-fired power plants in Bangladesh.
