MUFG Bank, formerly the Bank of Tokyo‐Mitsubishi UFJ, Ltd., is an international private‐sector entity headquartered in Japan. As one of the largest commercial banks in Japan, MUFG Bank provides comprehensive financial services and products globally through a variety of financial instruments. It has funded sustainable development and climate projects with a focus on renewable energy, including hydropower, geothermal, solar power and wind, and infrastructure including railways, with a goal to contribute towards solving social issues through core financial businesses, as well as realising a sustainable society.
GCF and MUFG Bank initiative to accelerate green energy transition in Chile
11 Dec 2019 / Today at COP25, the Green Climate Fund (GCF) and MUFG Bank, Ltd. took the first step towards allocating GCF resources to the Espejo de Tarapacá renewable energy project in Chile by signing a Funded Activity Agreement (FAA). The project, which was submitted by MUFG Bank – one of GCF’s Accredited Entities – will be led by the renewable energy developer Energía Valhalla.
GCF investment supports green energy transition in Chile
07 Aug 2019 / Green Climate Fund’s early equity investment in a solar power and pumped storage hydroelectric project will help decarbonise Chile’s energy mix and catalise private investments to the renewable energy market.
GCF signs first partnership with Japanese bank
03 Apr 2018 / GCF has opened a new path of funding from Japan’s private sector with the recent signing of an agreement with the Bank of Tokyo-Mitsubishi UFJ.