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The call was made as the multilateral bank held its 55th annual meeting at the bank’s headquarters in Manila this week
“He should involve the communities and civil society, including the academe, in making an educated decision”
Activists and civil society groups said ADB's proposed mechanism undermines “just energy transition” in the region
The groups warned the bank that it will be missing the critical 1.5 Celsius climate goal should it approve the "fossil fuel-friendly draft"
The proposed police allows the bank to continuously support and finance fossil gas projects
Greenpeace says ADB's draft police "falls short and completely misses the mark in responding to this decade’s realities"
An independent study recommended that the bank revisit its energy policy and formally withdraw from financing new coal-fired energy capacity