Archive · 22 May 2025
Japan's LNG Investments Raise Climate Concerns Despite Promises
Japan, despite promises, continues to invest billions in natural gas (LNG) projects.
From 2013 to 2024, they put a lot of money into oil and gas, including LNG.
Even though Japan says it wants to use less fossil fuels, some experts think they are not doing enough.
They created a group to help Asian countries use cleaner energy but are also investing in LNG.
Critics argue this is misleading, and that Japan should focus on renewable energy instead.
Japan says the investments are okay because of a need for energy and access to it.
Japan has invested $56 billion in overseas LNG development projects from 2013-2024.
This investment occurs despite Japan's pledge to halt fossil fuel financing at the 2022 G7 summit.
Japan benefits from LNG through greater access to supplies and resales in global markets.
Japan launched the Asia Zero Emission Community (AZEC) with partner countries.
Critics argue Japan's LNG investments are a form of 'greenwashing'.
- Who
- Japan, public financial institutions, and various Asian countries.
- What
- Japan is investing heavily in LNG projects despite pledges to reduce fossil fuel financing.
- When
- 2013-2024, and ongoing.
- Where
- Asia Pacific, including Indonesia and other AZEC member countries.
- Why
- Japan seeks energy security, access to LNG supply, and opportunities in the global LNG market, while also aiming to support Asian partners’ energy transitions.
Critic's Perspective
Japan's Position
LNG Investment Impact
Critic's Perspective
Critics argue Japan's LNG investments hinder Indonesia's renewable energy transition.
Japan's Position
Japan is meeting demand for technology and investment from countries like Indonesia, including in natural gas.
LNG Investments and Climate Pledges
Critic's Perspective
Critics say Japan's investments in LNG are a form of 'greenwashing.'
Japan's Position
Japan views LNG as a transitional fuel and justifies investments based on energy security and alignment with the 1.5-degree energy plan.
- Investment Period
- Japan, 2013-2024
- Total Japanese public financing for oil and gas projects
- $93 billion
- LNG development investment
- $56 billion
- Clean energy project funding
- $24.5 billion
- Japan's Initiative
- Asia Zero Emission Community (AZEC)
- AZEC Agreements
- 70 MOUs
- LNG emissions exceeding coal emissions
- 33%