Letter to ADB regarding Myanmar
We demand that the ADB stop financing all of its projects in military-occupied Myanmar. We also urge the Bank to assess its lending relationship with Myanmar and immediately freeze all lending obligations, pre-committed loans, and outstanding transactions until the ADB can ensure that all of its dealings with the state do not legitimize military rule and authoritarianism.
Asian led CSO network calls on Elon Musk to engage in the decarbonization of Bitcoin
“The Bitcoin system's current design requires more electricity than is needed to power Denmark, it is energy-intensive, and given its expanding condition, the rise of Bitcoin mining may directly lead to fossil fuel dependency and rising GHG emissions, unless a radical shift is taken towards decarbonizing computing power,” says Rayyan Hassan, executive director of NGO Forum on ADB
Amidst COVID-19 pandemic, communities claim land grab driving to poverty by ADB-funded project
In late November 2020, impacted communities in the Ger district of Ulaanbaatar filed two complaints to the Asian Development Bank (ADB), against the Ulaanbaatar Urban Services and Ger Areas Development Investment Program - Tranche 1 2 and 3.
In the complaints, affected families stated that the road project violated ADB’s social and environmental standards and caused numerous problems, related to inadequate land acquisition, compensation and resettlement plans; property damage; and poor road construction safety standards.