Energy • STORY OF THE DAY • Nov 13, 2023 • 5 min read
Opinion Questioning Development Banks’ Commitments to Just Transition
By
Tanya Lee Roberts Davis
• Nov 13, 2023
As the Asia Pacific Climate Week and Asia Pacific Economic Cooperation gatherings get underway, expect public financial institutions like the World Bank and the Asian Development Bank to showcase their plans for supporting “Just Transitions” schemes in the region. As both institutions have track records of financing coal-power projects, their proposals for supporting ‘coal-to-clean’ pathways should be intensely scrutinised