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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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Sumatera Utara , Perusahaan Listrik Negara , Asian Development Bank , Centre For Research On Energy , Southeast Asia , Europe Based Centre , Clean Air , Asian Development Bank , Coal Fired Plants , Perusahaan Listrik Negara ,

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. ....

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ADB Funding Indonesia Coal Plants: NGOs accuse ADB of funding Indonesia coal plants despite clean energy promises, ET EnergyWorld

ADB Funding Indonesia Coal Plants: The report by four NGOs alleges the ADB loan given in 2021 to Indonesia s state power company to fund its ten-year business plan and "promote the use of clean energy" has no clause blocking spending on new coal facilities. ....

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Marks Group Wealth Management Inc Purchases 7,692 Shares of Haleon plc (NYSE:HLN)

Marks Group Wealth Management Inc increased its position in shares of Haleon plc (NYSE:HLN – Free Report) by 5.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 156,894 shares of the company’s stock after buying an additional 7,692 shares during the quarter. Marks […] ....

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Marks Group Wealth Management Inc Grows Holdings in Haleon plc (NYSE:HLN)

Marks Group Wealth Management Inc grew its stake in Haleon plc (NYSE:HLN – Free Report) by 5.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 156,894 shares of the company’s stock after buying an additional 7,692 shares during […] ....

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