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Green groups accuse ADB of funding Indonesia coal plants despite clean energy promises - Regulations

Green groups accuse ADB of funding Indonesia coal plants despite clean energy promises - Regulations
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NGOs accuse ADB of funding Indonesia coal plants despite clean energy promises

NGOs accuse ADB of funding Indonesia coal plants despite clean energy promises
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INDONESIA NGOs accuse Asian Development Bank of financing Jakarta coal-fired power plants

A group of NGOs released a report noting that Indonesia's state-owned power company might use development funds to expand the Suralaya plant. Pollution from this plant costs already the country a billion dollars a year.

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NGOs accuse ADB of funding Indonesia coal plants despite clean energy promises

Green NGOs have accused the Asian Development Bank of indirectly financing coal plants in Indonesia through a $600 million loan despite promises to no longer fund projects tied to the fossil fuel, according to a new report."Publicly funded institutions like the Asian Development Bank must include robust coal exclusions in contracts. in order to end coal finance for good," said Daniel Willis, finance campaigner at NGO Recourse.

Jakarta rayaUnited statesSumatera utaraDustin roasaPerusahaan listrik negaraDaniel willisInclusive development internationalCentre for research on energyAsian development bankSoutheast asiaEurope based centreClean airCoal plantGoal projectsBusiness planInclusive development international

NGOs Accuse ADB Of Funding Indonesia Coal Plants Despite Clean Energy Promises

Green NGOs have accused the Asian Development Bank of indirectly financing coal plants in Indonesia through a $600 million loan despite promises to no longer fund projects tied to the fossil fuel, according to a new report.

United statesJakarta rayaSumatera utaraPerusahaan listrik negaraDustin roasaDaniel willisInclusive development internationalAsian development bankCentre for research on energySoutheast asiaEurope based centreClean air