Start Funding Solutions Not Pollutions
The ADB must redirect its investments toward these climate solutions centered on people and ecological integrity, not profit.
The ADB must redirect its investments toward these climate solutions centered on people and ecological integrity, not profit.
The Global Coal Exit List (GCEL) showed that commercial banks channeled over US $1.5 trillion to the coal industry between January 2019 and November 2021.
This initiative could be a way out for Indonesia to stop operating PLTUs by 2040 according to IPCC recommendations.
Activists call Japanese Government to end its financial support for fossil fuels, including new coal power stations.
At present, 54% of coal projects in Indonesia’s pre-development pipeline are financed by China.
The petition was delivered before the banks’ Annual Shareholders Meetings on 23 June.