Mice given decaffeinated green tea and regular exercise lost weight and improved their health after 16 weeks. Specifically, they reduced body mass by 27% (on average), reduced abdominal fat by 37%; reduced blood glucose level by 17%, plasma insulin level by 65%, and insulin resistance by 65%..
Neither green tea alone, nor exercise alone, produced such significant changes. The amount of green tea was a lot: the equivalent of 8-10 cups a day. Decaffeination may not be important; it was done to keep the effects of caffeine out of the study.
Green tea is thought to affect genes related to energy metabolism.