News / #multilateral development bank
Civil society organisations say they have been left out of proper consultations. The multilateral argues it has met with NGOs “several times” to consult on policy amendments for investments in critical minerals and curbing methane leakage.
South Korea freezes aid for ‘dolphin-killer’ inter-island bridges project amid Philippine flood-control corruption scandal – a move activists hail as both a win for transparency and endangered marine life.
China has emerged as a leading global issuer of green and sustainability bonds – with US$555.5 billion issued by the end of 2024 – as its sustainable finance sector rapidly expands and internationalises.
Fishing communities along the Philippines’ Verde Island Passage, a haven for marine biodiversity, say the development of a natural gas import hub in the area is leading to environmental degradation.
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