NGOs Accuse ADB Of Funding Indonesia Coal Plants Despite Clean Energy Promises
by International Business Times UK
International Business Times UK— Green NGOs have accused the Asian Development Bank of indirectly financing coal plants in Indonesia through a $600 million loan despite promises to no longer fund projects tied to the fossil fuel, according to a new report.The report by four NGOs alleges the ADB loan given in 2021 to Indonesia's state power company to fund its ten-year business plan and "promote the use of clean energy" has no clause blocking spending on new coal facilities.The Perusahaan Listrik Negara (PLN) plan contains more...
www.dglobe.com—2 Nobles County clean energy projects receive grant funding. Two Nobles County projects have been approved through the Renewable Energy for America (REAP) program.
www.utilitydive.com—Bank of America, Goldman clean energy ratio proposals fail, despite some shareholder support. The resolutions failed to pass despite over a quarter of voters supporting them before each of the banks' boards.
WBRZ—Gonzales industrial complex receives $2.3 million in federal funds for clean energy business infrastructure. GONZALES — The U.S. Department of Commerce announced Tuesday that it will invest $2.3 million into infrastructure to benefit clean energy business growth in Gonzales.The Economic Development Administration awarded the Ascension Parish government the grant for roadway improvements at the RiverPlex MegaPark, a 17,000 acre complex on the Mississippi River.The grant, which will be matched by $587,000 in local funds, is expected to create more than 450 jobs and generate an estimated $9.5...