Non-fossil to fossil energy ratio and scaling up climate investment in all sectors

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Paris alignmentReasoning
UnalignedBetween 2016-19 for every $1 JICA provided to fossil fuels, $0.35 went to renewables and $0.18 went to energy networks (transmission and distribution). This is one of the lowest ratios amongst the public banks included in this analysis.

Explanation

Between 2016-19 for every $1 the JICA provided to fossil fuels, $0.35 went to renewables and $0.18 went to energy networks (transmission and distribution). This is one of the lowest ratios amongst the public banks included in this analysis.

Climate finance has appeared to plateau over between 2017-2019, comparison to total operations is unavailable because this is not reported. It is unclear if JICA has a climate finance target.

 
Last Update: July 2021