Thirty-five organisations implore Australia, which is ADB’s fifth-largest shareholder, to help the region ‘make a just and equitable low-carbon transition’
The Australian government is being urged to support an end to the financing of fossil fuel projects as the Asian Development Bank prepares to signs off on a new energy policy later this month.
The ADB “will not support coalmining, processing, storage, and transportation, nor any new coal-fired power generation”, according to a draft version of the policy, which also endorses “the early retirement of coal-based power plants”.
Continue reading...source https://www.theguardian.com/australia-news/2021/oct/06/australia-urged-to-support-asian-development-bank-plan-to-end-fossil-fuel-financing
No comments:
Post a Comment