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Asian Civil Society Networks Raise Critical Questions and Concerns in New Report About the ADB's Energy Transition Mechanism - Vimarsana News

Asian Civil Society Networks Raise Critical Questions and Concerns in New Report About the ADB's Energy Transition Mechanism

PHNOM PENH, Cambodia and MANILA, Philippines, Jan. 26, 2023 /PRNewswire/ -- Fair Finance Asia (FFA) and NGO Forum on ADB (the Forum) have released a new report, "The Asian Development Bank's Energy Transition Mechanism: Emerging Social, Environmental and Rights-Based Considerations." The report raises critical questions and concerns about the Energy Transition Mechanism (ETM), which is being advanced by the Asian Development Bank (ADB) as a market-oriented solution to accelerate the process of taking coal power off of national energy grids in specific Southeast, South and Central...