Post on 13-Jan-2016
description
the ADB as a keyclimate-and-development arena
Renato Redentor ConstantinoNGO Forum on the ADB
Airlie Center, Virginia, US, Feb. 24, 2010
Some backgroundADB:• 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
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
Policy advancesNew 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
$1 billion Clean Energy Program
• Coal and Large Hydro Included
ADB Clean Energy Allocation Per Country (2008)
48.02%
24.55%
0.59%
2.58%
0.44%
0.66%
4.72%
11.57% 5.90% India
China
Philippines
Pakistan
Uzbekistan
Azerbaijan
Bhutan
Vietnam
Regional
ADB Clean Energy Investments on Coal and Large Hydro (2008)
Rest Investments$1139M, 67%
Coal, $100M, 6%
Large Hydro, $454M, 27%
• 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.
Thanks