ADB should end fossil fuel financing

Published onJune 18, 2020

NGO Forum on ADB, a network of over 250 civil society organizations across Asia calls out the Asian Development Bank to end its green posturing and make real commitments towards a Paris aligned policy and appropriate clean energy investments. This demand coincides with this year’s Asia Clean Energy Forum (ACEF) 2020 which started yesterday, June 16. This year ACEF’s thematic focus is centered upon building an inclusive, resilient sustainable energy future, recovering and rebounding from the social and economic crisis of the pandemic. Yet, the stark reality is that the ADB’s policies and practices effectively fail to reflect such a vision, undermining rather than upholding the just, appropriately scaled, and participatory energy transition urgently needed by these times.

Source: https://moderndiplomacy.eu/2020/06/18/adb-should-end-fossil-fuel-financing/