The session presented the perspectives from communities on how ecosystems may be affected by low-carbon, cross-border energy plans and projects financed by the ADB. NGO Forum on ADB recommended alternative just energy transition models that prioritize the rights and concerns of the diverse peoples of Asia and the Pacific. The session began with the presentation of three cases that highlighted complex issues involved in Just Energy Transition: the Shuakhevi and Nenskra Hydropower project in Georgia; geothermal projects in Indonesia; critical minerals in Mongolia; and early retirement of coal power plants and burning of waste in Mindanao, the Philippines. Presenters highlighted the social and environmental problems faced by these projects and the need for a more robust safeguards mechanism at ADB. They emphasized the adverse impacts on women and recommended that ADB make special efforts to engage with women in its projects. They also cited that hydropower dams can cause disasters, be unfeasible, and lead to massive impacts on humans and the environment. Their call is for ADB to protect people and the planet over profits and to work for the benefit of communities on the ground. In his response, Priyantha Wijayatunga acknowledged the issues and explained the five principles of ADB’s Energy Policy. He stated that the ADB Energy Policy does not support financing coal-powered plants. He also clarified that ADB will not finance burning biomass unless maximum recycling has been done. He added that ADB has learned much from disasters in large dam projects and is applying these lessons. He underscored that the gender dimension is now embedded in all its operations. He assured that ADB acts conscientiously and will apply its energy and safeguards policies and guidelines.

Content originally published at https://www.adb.org/annual-meeting/2024/events/just-energy-transition