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NDB project funding has been the subject of intrigue and concern among civil society organizations (CSOs) since the bank’s formal launch in Fortaleza, Brazil, in 2014. Yet news of these first ‘green’ loans has done little to ease their fears.
The problem, CSOs say, is that since the NDB still lacks a proper social and environmental policy framework, it cannot safeguard against the adverse impacts of its projects – no matter how green they claim to be.
Read more here.
If you are in #Tbilisi, don't miss this beautiful art exhibition organised by @forum_adb showcasing some of the stories of communities across #Asia impacted by @ADB_HQ projects
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🌍 Join us for an insightful session on protecting people and the planet!
🌿 Forum is shedding light on CSO reflections regarding the @ADB_HQ Draft ESF and proposed changes in safeguards policy.
We'll discuss recommendations to safeguard project-affected individuals and…
🎨✨ In TBILISI now!
🌊 Explore a preview of our exhibition exposing the link between environmental degradation, social injustice, and human rights violations caused by @ADB_HQ projects.
With @ceebankwatch, @RightsinDevt, Green Alternative ✊🏽
Can't make it? No worries, catch…
The Lower Sesan 2 Dam is being partly funded by ABBank, a financial intermediary (FI) client of the @IFC_org. Financial intermediaries represent the nexus between development finance and commercial banking.
Read about the Lower Sesan 2 Dam Project here: http://bit.ly/IFC_LowerSesan2
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