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Mitsubishi UFJ Financial Group distances itself from the East African Crude Oil Pipeline
The announcement follows growing pressure from climate activists and StopEACOP
The StopEACOP coalition welcomes the news that Japan’s Mitsubishi UFJ Financial Group (MUFG) is not involved in financing the East African Crude Oil Pipeline (EACOP). The controversial EACOP project has been a subject of deepening concerns due to its implications on the climate, nature and human rights. This response from MUFG results from concerted efforts by regional and global climate activists…