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5 May, 4 tweets, 2 min read
Day 3 of the #ADBAnnualMeeting: Experts discuss how the Asian Development Bank needs to shift its lending portfolio away from plants powered by coal and fossil fuels.

"This has no place in a climate emergency," the Climate Action Network International says. | @meltlopez
Glenn Ymata, NGO Forum on ADB's energy campaigner, says Asia Pacific is the biggest carbon dioxide emitter of the world. He adds, some of ADB's hydropower projects use dams that cause ecological damage and displace communities unable to access the generated power. | @meltlopez
CEED Philippines on ADB's 2009 clean energy policy: It's still a dirty legacy as the lender continued to fund fossil fuel (40% of portfolio) & coal (10%) projects despite a statement to shift to renewable energy sources. | @meltlopez
CEED Philippines: ADB must end fossil fuel finance and declare a full commitment to stop new investments & divest in existing coal and fossil fuel projects as well as related projects. | @meltlopez

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