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Tangguh LNG: Big project, huge risks
The briefing examines the Tangguh LNG project in West Papua, Indonesia, highlighting its environmental and social impacts and the role of multilateral development banks (MDBs) in its financing. It argues that the proposed expansion to Train 4 and the implementation of carbon capture, utilisation, and storage (CCUS) are 'false solutions' that prolong fossil fuel dependency. The document criticises the ADB, IFC, and AIIB for inadequate Paris Alignment methodologies and energy policies that allow continued gas investment. It recommends that MDBs cease all fossil fuel funding, plug financial intermediary loopholes, and strengthen accountability mechanisms for affected Indigenous communities.
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Document type: Briefing
Tangguh LNG: Proyek Besar, Risiko Gede
The report examines the Tangguh LNG project in West Papua, Indonesia, highlighting its negative impacts on indigenous communities, biodiversity, and the climate. It specifically criticises the role of multilateral development banks (MDBs) like the ADB, IFC, and AIIB in providing direct and indirect financing. The document argues that the planned 'train 4' expansion and the implementation of Carbon Capture, Utilization, and Storage (CCUS) are 'false solutions' that lock Indonesia into fossil fuel dependency and hinder the transition to renewable energy. It calls for a total cessation of fossil fuel funding and a strengthening of accountability mechanisms for affected communities.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report