When asked if affected parties can file their complaints with an accountability mechanism it has in place, the Asian Development Bank said that people should first turn to a grievance redress channel that the Cirebon 1 operator has set up at the project level.
Without a concerted effort by governments and international financial institutions to harmonise standards and strengthen incentives for investments in decarbonisation across the developing world, mid-century net-zero targets will slip out of reach. Three issues, in particular, warrant greater attention.
The fallout from Covid-19, climate change and conflicts are no longer isolated pockets of misery. We need a new multilateral system – one mirroring national schemes on taxes, incentives and accountability – to provide global public goods.
Permanently protecting large, mature forests is a faster and cheaper way to stabilise Earth's climate than complex carbon capture and storage schemes, and more effective than planting new trees.
Beverly Law and