Devex reported that the 1st Annual Meeting of the BRICS New Development Bank (NDB), held from July 20 to 21 in Shanghai, China, conclude on a positive note, leaving development professionals, civil society leaders, and bank officials optimistic about the potential for the NDB to finance green and sustainable development projects. Still, concerns persist over the transparency and thoroughness of the bank’s environmental standards and other policies. And some question just how different the bank will be from existing multilaterals. Read more here
Cautious optimism as NDB wraps up 1st Annual Meeting
Jul 27, 2016
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