1 / 9

the ADB as a key climate-and-development arena

the ADB as a key climate-and-development arena. Renato Redentor Constantino NGO Forum on the ADB Airlie Center, Virginia, US, Feb. 24, 2010. Some background. ADB: Huge influence in region; catalyst

hasad
Download Presentation

the ADB as a key climate-and-development arena

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. the ADB as a keyclimate-and-development arena Renato Redentor Constantino NGO Forum on the ADB Airlie Center, Virginia, US, Feb. 24, 2010

  2. Some background ADB: • Huge influence in region; catalyst • Flood of big infra projects is coming – member countries recently agreed to triple ADB’s capital base from $55 billion to $165 billion. • The 200% increase is ADB’s largest, and the first since ADB increased its capital by 100% in 1994. ADB has had five general capital increases in all. • Growth-fixated, market-driven. Forum: • Plus 250 community groups and organizations mostly across developing Asia • Full range of approaches • Reduce potential harm and undermine marketization program • Disempowerment of the institution

  3. A bit of context • ADB largely shunned climate issue before • Renewables and energy efficiency were treated like happy bunnies for a long time. • Growth-fixated, market-driven goals required/require large-scale, centralized energy options. • Catalyst with large (very bad) policy footprint

  4. Policy advances New Energy Policy: • Full-options review • Full-cost accounting • Greater attention to renewables and energy efficiency • Retained position on captive-use • Sustainable transport • Retention of position not to support nuclear projects. • Cautious approach to biofuels. • Still promotes fantasy of clean coal; disdains decentralized options etc. Related Policy devts: • Inserted climate and carbon accounting in new Safeguards policy • New Safeguards policy now covers all operations involving financial intermediaries • Disclosure policy new battleground for inserting more climate-relevant provisions

  5. $1 billion Clean Energy Program • Coal and Large Hydro Included • China and India – 66.14% of total energy investment and 72.6% CE investment • Minus coal and large hydro investments, $1B target for 2008 was reached. Subtract clean energy PEFs ($100M/yr), target not reached.

  6. Thanks

More Related