NGOs accuse Asian Development Bank of funding Indonesia coal plants despite clean energy promises

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Asian Development Bank ADB Notícia

Clean Energy,Coal Plants,Indonesia

JAKARTA, April 25 — Green NGOs have accused the Asian Development Bank of indirectly financing coal plants in Indonesia through a US$600 million loan despite promises to no...

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The Perusahaan Listrik Negara plan contains more than a dozen new coal projects, including an expansion at Java island’s Suralaya, one of the biggest coal-fired plants in Southeast Asia, which will add two generating units to eight in operation.“ADB’s loan agreement doesn’t just fail to exclude coal. It actually allows PLN to use ADB funding for coal-fired power plants,” said Dustin Roasa, research director at Inclusive Development International, which published the report yesterday.

“Publicly funded institutions like the Asian Development Bank must include robust coal exclusions in contracts... in order to end coal finance for good,” said Daniel Willis, finance campaigner at NGO Recourse.

 

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