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Green activists hit ADB’s energy transition mechanism for Philippines, Indonesia

Activists and civil society groups said ADB's proposed mechanism undermines “just energy transition” in the region

Green activists stage protest against ADB’s proposed new energy policy

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"

Green group questions Asian Development Bank’s coal buy-out scheme

ADB and other key financial institutions earlier expressed intention to pursue a scheme to buy out coal power plants

Greenpeace says Asian Development Bank’s new draft energy policy misses mark

Greenpeace says ADB's draft police "falls short and completely misses the mark in responding to this decade’s realities"

Philippine green activists, civil society urge ADB to end support for...

ADB has allegedly “opted to help build now thriving carbon-intensive energy systems" that cause global temperature rise

Developing Asia to recover strongly, but COVID-19 risks remain, says ADB

Developing Asia, which groups 45 countries in the Asia-Pacific, is forecast to grow 7.3% in 2021, the ADB said

ADB accountability on Philippine coal woes sought

An independent evaluation by the bank has revealed that it failed to align with climate imperatives in its funding decisions

Green group backs proposal to assess ADB’s energy policy

An independent study recommended that the bank revisit its energy policy and formally withdraw from financing new coal-fired energy capacity

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