El Banco Asiático de Desarrollo debe poner fin a su cincuentenaria adicción al carbón
Summary
A statement by Friends of the Earth International criticizing the Asian Development Bank (ADB) for its continued financing of coal-based projects despite acknowledging the threats of climate change to poverty mitigation in the Asia-Pacific region.
Key insights
- The Asian Development Bank (ADB) is identified as the third largest multilateral public financier of coal-based infrastructure projects, having invested over USD 3 billion in such projects over the last ten years.
- The ADB's investment of USD 450 million in the Tata Mundra Ultra Mega Coal power plant in Gujarat, India, which has a capacity of 4,000 megawatts, is cited as a highly controversial project. The bank's own compliance review panel found a lack of consultation with local communities and failure to comply with waste and pollution management strategies, resulting in significant environmental damage and harm to local health and livelihoods.
- The Tata Mundra plant is estimated to be the third largest emitter of greenhouse gases in India, with coal dust from conveyor belts threatening human health and agriculture, and infrastructure contaminating groundwater and drinking water sources.
- Friends of the Earth Asia Pacific and other social movements are demanding the removal of the ADB's legal immunity for investments, which currently prevents the bank from being held accountable for the impacts of coal project financing on local communities and the climate.
- The document contrasts the ADB's position with the Asian Infrastructure Investment Bank (AIIB), noting that while the AIIB claims to be "green, clean, efficient," its draft energy strategy suggests coal power plants may be considered if they replace less efficient existing production.
Cite the original document
- APA
- admin (2017). El Banco Asiático de Desarrollo debe poner fin a su cincuentenaria adicción al carbón. Friends of the Earth International. https://www.foei.org/es/el-banco-asiatico-de-desarrollo-debe-poner-fin-a-su-cincuentenaria-adiccion-al-carbon/
- Chicago
- admin. El Banco Asiático de Desarrollo debe poner fin a su cincuentenaria adicción al carbón. Friends of the Earth International, 2017. https://www.foei.org/es/el-banco-asiatico-de-desarrollo-debe-poner-fin-a-su-cincuentenaria-adiccion-al-carbon/.
- Wikipedia
- {{cite press release |last1=admin |title=El Banco Asiático de Desarrollo debe poner fin a su cincuentenaria adicción al carbón |publisher=Friends of the Earth International |date=3 May 2017 |url=https://www.foei.org/es/el-banco-asiatico-de-desarrollo-debe-poner-fin-a-su-cincuentenaria-adiccion-al-carbon/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{admin2017banco, author = {admin}, title = {{El Banco Asiático de Desarrollo debe poner fin a su cincuentenaria adicción al carbón}}, publisher = {Friends of the Earth International}, year = {2017}, month = may, url = {https://www.foei.org/es/el-banco-asiatico-de-desarrollo-debe-poner-fin-a-su-cincuentenaria-adiccion-al-carbon/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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