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ADB backs Indonesia with US$600 million new coal funding despite climate pledge: report

ADB backs Indonesia with US$600 million new coal funding despite climate pledge: report
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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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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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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.

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