CSOs slam resilient and green recovery pronouncements of ADB
NGO Forum on ADB, an Asian-led network of over 250 civil society organizations across Asia, is calling out the Asian Development Bank’s (ADB) to fulfill its claim that it is a bank that is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
The ADB is celebrating its 54th year of operation in Asia and the Pacific today, with the theme ‘Collaboration for Resilient and Green Recovery’. However, members of the NGO Forum on ADB network are questioning if the Bank understands its theme.
No Dilution Pronouncement of ADB on its Safeguards Policy, Not enough says CSOs
This year Asian Development Bank (ADB) is celebrating its 54th year of operations in Asia and the Pacific, at the same time, it is also conducting a review and update of its 2009 Safeguard Policy Statement (SPS). Despite the aspirational promise to enhance the systems which prevent and minimize damage to the environment and communities, NGO Forum on ADB network thinks that it could do more.
Photo by Tomáš Malík
ADB’s Legacy is nothing but Climate Emergency
On the 3rd day of the Annual Governor’s Meeting, more than 200 civil society and community organizations across Asia belonging to NGO Forum on ADB told the Asian Development Bank that most of its programs and projects failed to meet its development promises in the region. “If there is one legacy that ADB has built through its decades of energy policy, that is ’climate emergency” Forum’s Executive Director Rayyan Hassan said in its statement.
Civil Society Groups Question ADB’s Energy Priorities; Urge Fit-for-Purpose Financing
As the ADB’s Annual General Meeting comes to a close, the NGO Forum on ADB and its member organizations take heed of the significant discrepancy between the Bank’s stated quest for delivering climate resilient, inclusive, and environmentally sustainable energy solutions while continuing to sink significant resources into developing outdated, unnecessary and risky cross-border energy schemes.