Market Forces v. SMBC, MUFG and Mizuho

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Market Forces, a project affiliated with Friends of the Earth Australia, filed three identical complaints against Japanese banks for funding coal power plants in Vietnam. The complaints were filed with the National Point of Contact for OECD Guidelines and allege that the banks are in breach of OECD guidelines because they failed to provide environmental and social impact assessments and consequently failed to urge project sponsors to assess and prevent or minimize environmental damage.