News / #ADB
Policy & Finance
ADB’s bid to expand private sector financing for climate goals reignites worries about lack of social safeguards
Watchdog representatives point to the multilateral lender’s wanting track record in ensuring that project-affected communities are adequately consulted when private sector players are involved. The ADB says that a traditional model of lending and grant-making is no longer sufficient to meet funding needs.
This is equivalent to up to six million jobs that could be created in the region by 2050, said McKinsey’s Vaibhav Dua in a presentation at an Asian Development Bank symposium in Bali, Indonesia.
Policy & Finance
Trade body ICMA pushes back on ‘hard regulation’ on greenwash in transition finance
The international association notes that transition finance is often criticised for opening the door to greenwash, but recommends a nuanced approach where firms that need help in shifting away from carbon-intensive activities comply with disclosure requirements instead.
Policy & Finance
Indonesia unveils initiatives to speed up its energy transition
At the G20 summit, the Energy Transition Mechanism Country Platform was launched and developed countries led by the United States and Japan also announced a US$20 billion package to Indonesia to help fund the coal-dependent country’s shift to renewable energy.
All #ADB News
30 September 2022
12 July 2022
13 June 2022
29 April 2022
20 April 2022
Carbon & Climate
South and Central Asia reel under early heatwave
8 March 2022
12 January 2022
25 November 2021
Policy & Finance
Sorting out the messy economics for a fair climate transition
5 November 2021
15 October 2021
Policy & Finance
ADB to increase climate finance to US$100 billion
22 September 2021
Policy & Finance
The scramble by poorer nations for unmet climate finance
8 September 2021
8 July 2021
Policy & Finance
ADB: SDG accelerator bonds to help plug Covid funding gaps
21 June 2021
11 June 2021
7 May 2021
Policy & Finance
ADB announces coal exit in draft energy policy
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News / Food & Agriculture
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News / Policy & Finance
Indonesia, Malaysia cry 'discrimination' in lobbying against EU palm oil restrictions
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News / CSR
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News / Policy & Finance
Saying ‘no new coal’ is not enough: Singapore’s central bank puts managed coal phase-out high on agenda
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News / Waste Management
Plastic pollution is surging, so what are governments doing?
UN plastics treaty negotiations resume in Paris to protect the environment from worsening impacts of waste worldwide.
