NGOs accuse ADB of funding Indonesia coal plants despite clean energy promises thefrontierpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thefrontierpost.com Daily Mail and Mail on Sunday newspapers.
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.
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.
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.
NGOs accuse Asian Development Bank of funding Indonesia coal plants despite clean energy promises malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.