#8 in the world for fossil fuel financing.
Your bank is failing on climate responsibility.
Mizuho is one of the world's biggest funders of fossil fuels\*. In the 8 years since the Paris Agreement, this bank has funneled $272 billion into coal, oil, and gas, rapidly accelerating the climate crisis. * [Details here](https://bankingonclimatechaos.org)
While you’ve been saving money for a house or a weekend getaway, Mizuho Financial has been using your savings to provide financial support to some very questionable fossil fuel friends. And it's not just a little here and there; we’re talking about number 2 globally in 2023, up from number 6 in 2022.
Totaling $272 billion in the 8 years since 197 countries agreed to drastically reduce their greenhouse gas emissions in the Paris Agreement, Mizuho Financial has financed 17.5 billion USD in fossil fuel expansion in 2023, the hottest year on record.
Mizuho Financial is the number 2 funder of fossil fuels in the world, being the second largest supporter of fossil fuel expansion, and dominating the methane import/export (aka LNG) financiers by financing $10.9 billion to companies expanding in the sector.
The Paris Agreement set the goal to stay under 1.5°C of warming for very good reasons. According to the Intergovernmental Panel on Climate Change, an increase of just a couple of degrees more could lead to "substantial species extinction, large risks to global and regional food security", and an inability to work outside — or even live — in some areas of the world. Our world will become unrecognizable as ocean dead zones, floods, and extreme weather fuel social and economic disruption.
Banks live and die on their reputations. Mass movements of money to fossil-free competitors puts those reputations at grave risk. By moving your money to a sustainable financial institution, you will:
Send a message to your bank that it must defund fossil fuels
Join a fast-growing movement of consumers standing up for their future
Take a critical climate action with profound effects