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МОНИТОРИНГИ ЛОИҲА Latest News Sign the 1M Petition ADB Project Tracker Media WATCH Unpacking the Delivery of ADB’s Safeguard Policy Statement ​ 8 May 2019 | Nadi, Fiji БОНКИ ОСИЁИ РУШДИ (БОР) Project Monitoring Energy Campaign Safeguards Public Information Policy Accountability Mechanism Strategy 2030

МО АЗ БОНКИ ОСИЁИ РУШДИ (БОР) А СИЁСАТИ УСТУВОР, БА ХУКУКУ одилонаи мухофизат! Ном Оё шумо - Индивидуалӣ Ташкилот ИМЗО Мубодила ё твит кунед, то дастгирии худро нишон диҳед! Share ТАЛАБХОРО ХОНЕД

БОНКИ ОСИЁИ РУШДИ (БОР) Project Monitoring Energy Campaign Safeguards Public Information Policy Accountability Mechanism Strategy 2030 МОНИТОРИНГИ ЛОИҲА Towards a swift and just end to coal Read More NGO Forum on ADB’s Critique of the ADB’s 2021 Energy Policy Working Paper Read More NGO Forum on ADB Joint Reflections on the ADB Draft Energy Policy Read More Asia Clean Energy Forum (ACEF) 2021 Statement Latest News Latest Publication ADB Project Tracker Latest Events/Activities Media Read More More than 60 Asian CSOs call on ADB to clarify details of its coal retirement mechanism proposal before COP26 announcement Read More Towards a swift and just end to coal:A statement of civil society and communities in Asia-Pacific urging the ADB not to gamble with our climate plight with a premature coal buy-out scheme Read More Letter to ADB Board of Directors regarding upcoming vote on the ADB’s 2021 Energy Policy (R-paper) Read More NGO Forum on ADB’s Critique of the ADB’s 2021 Energy Policy Working Paper Read More

CASES COMMUNICATION WITH AIIB EVENTS SUGGESTED READINGS FAQ Suggested Readings Collective Statement For the Energy Sector Strategy Update

PAKISTAN BANGLADESH INDIA INDONESIA PHILIPPINES БАНГЛАДЕШ БАНГЛАДЕШ Манбаъ: Бангладеш: Барномаи вокуниши фаъоли COVID-19 ва дастгирии хароҷот LATEST NEWS Read the latest COVID-19 Research produced by Freedom from Debt Coalition from the Philippines and NGO Forum on ADB. Download Download UPDATES 15 January 2022 PH foreign borrowings, grants vs COVID-19 hit P1.3T ​ 22 December 2021 Philippines borrows at least P32.6 billion for COVID-19 booster, kids’ shots ​ 19 November 2021 ADB approves $600-million loan for Philippines’ universal health care ​ 29 April 2021 Govt to get $3.9-B loans from Asian Development Bank ​ 23 March 2021 What you need to know about Duterte’s COVID-19 loans WEBINAR SERIES: PHILIPPINES Dr. Rene Ofreneo from Freedom from Debt Coalition discussed the government’s response to the Covid pandemic – a long-running quarantine program and a “four-pillar socio-economic strategy”. He later zeroed in on what is happening in the health and economic sectors and the situation of the citizenry, with a special focus on the situation of the Filipino working population and the country’s progress in containing the virus spread and in promoting resilient economic recovery.

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PROJECTS BEING MONITORED COMMUNICATION WITH AIIB EVENTS SUGGESTED READINGS FAQ CASES RECENTLY APPROVED Bangladesh Bhola IPP Bhola is the only island district of Bangladesh under the administrative division of Barisal in Bangladesh. Mumbai-based Shapoorji Pallonji Infrastructure Capital Company Private Limited (SP Infra), a subsidiary of SP Group is constructing a 220/225 MW Gas and Diesel based power plant through its new company Nutan Bidyut Bangladesh Limited (NBBBL) in Kutba area under Burhanuddin Upazila in Bhola. NBBL has received USD 60.00 million from Asian Infrastructure Investment Bank (AIIB) and signed another agreement for USD 60.00 million from the Islamic Development Bank (IsDB). Bangladesh Working Group on External Debt (BWGED) and CLEAN (Coastal Livelihood and Environmental Action Network) in collaboration with NGO Forum on ADB conducted a study on social and environmental impacts of the power plant along with potential violation of national and international standards.​ Watch Video Beijing Air Quality Improvement and Coal Replacement The objective of the project is to improve air quality and reduce air pollution, such as CO2 emissions, particulate matter, SO2 emissions, and NOx emissions, by replacing coal with natural gas in rural villages on the outskirts of Beijing. Upon completion, the Project will provide gas service connections to approximately 216,751 rural households, and reduce coal consumption by around 650,000 tons annually in Beijing.

БОНКИ ОСИЁИ РУШДИ (БОР) Project Monitoring Communications News What is AIIB? “The Asian Infrastructure Investment Bank is a multilateral development bank (MDB) conceived for the 21st century. Through a participatory process, its founding members are developing its core philosophy, principles, policies, value system, and operating platform. The Bank’s foundation is built on the lessons of experience of existing MDBs and the private sector. Its modus operandi will be lean, clean and green: with a small efficient management team and highly skilled staff; clean, an ethical organization with zero tolerance for corruption; and green, an institution built on respect for the environment. The AIIB will put in place strong policies on governance, accountability, financial, procurement, and environmental and social frameworks. ​ AIIB Structure According to Finance Minister Lou, the governance structure of the Bank will consist of 3 levels: Board of Governors, Board of Directors and the Management, adding that all powers of the AIIB will be vested in the Board of Governors which may delegate to the Board of Directors and the Management its powers as stipulated in the Articles of Agreement (AoA) [http://usa.chinadaily.com.cn/business/2014-10/24/content_18799068.htm, 24 October 2014 .]. ​ In the Forum’s recent lobby meetings with the ADB Board of Directors and as stated in AIIB’s description of the bank of keeping its operations ‘lean’, AIIB will have a board of directors that will not reside in Beijing as opposed to the practice in other MDBs. The likelihood of such a scenario poses the question of how will the board of directors carry out fully its duties, particularly in reviewing and approving projects and other operations–related functions. ​ AIIB MOU: Key Points The Memorandum of Understanding (MOU) on Establishing the Asian Infrastructure Investment Bank specifies that the authorized capital of AIIB is $100 billion and the initial subscribed capital is expected to be around $50 billion, according to Chinese Finance Minister Lou Jiwei. ​ Lou said Prospective Founding Members have agreed that GDP will be the basic parameter in determining share allocation among member countries. Therefore, China will be the largest shareholder. ​ Previously, China announced that it is willing to subscribe to up to 50 percent of the capital. This is an indication that China would like to provide strong support to AIIB, Lou said. ​ However, China will not seek to be “the single majority shareholder” and will not necessarily subscribe 50 percent of the capital. He said. “Moreover, China’ s share ratio will be gradually diluted with more members joining AIIB in the future.” ​ AIIB: What We Know So Far and Emerging Concerns from Civil Society The founding of the Asian Infrastructure Investment Bank (AIIB) is partly a result of the United States’ unwillingness to reform the Bretton Woods institutions. Since 2010, the US Senate has refused to ratify an agreement on governance reforms that would have doubled resources available to the International Monetary Fund (IMF) by increasing capital contributions from emerging market countries. This would proportionately expand their voting power on the IMF Executive Board – where current quotas treat France as though it were more economically dominant than China, and Belgium more dominant than Brazil.

Project Monitoring Communications Events Suggested Readings FAQ МОНИТОРИНГИ ЛОИҲА Bangladesh Bhola IPP Bhola is the only island district of Bangladesh under the administrative division of Barisal in Bangladesh. Mumbai-based Shapoorji Pallonji Infrastructure Capital Company Private Limited (SP Infra), a subsidiary of SP Group is constructing a 220/225 MW Gas and Diesel based power plant through its new company Nutan Bidyut Bangladesh Limited (NBBBL) in Kutba area under Burhanuddin Upazila in Bhola. NBBL has received USD 60.00 million from Asian Infrastructure Investment Bank (AIIB) and signed another agreement for USD 60.00 million from the Islamic Development Bank (IsDB). Bangladesh Working Group on External Debt (BWGED) and CLEAN (Coastal Livelihood and Environmental Action Network) in collaboration with NGO Forum on ADB conducted a study on social and environmental impacts of the power plant along with potential violation of national and international standards.​ Watch Video Beijing Air Quality Improvement and Coal Replacement The objective of the project is to improve air quality and reduce air pollution, such as CO2 emissions, particulate matters, SO2 emissions, and NOx emissions, through replacing coal with natural gas in rural villages on the outskirts of Beijing. Upon completion, the Project will provide gas service connections to approximately 216,751 rural households, and reduce coal consumption by around 650,000 tons annually in Beijing.

БОНКИ ОСИЁИ РУШДИ (БОР) Project Monitoring Communications News МОНИТОРИНГИ ЛОИҲА 19 July 2022 AIIB asked to go green, turn back on fossil fuels ​ 28 June 2022 Re: Virtual Consultations Hosted by AIIB on the Energy Sector Strategy Update ​ 22 June 2022 Re: AIIB’s Virtual Consultation Sessions on the Energy Sector Strategy Update ​ 13 June 2022 AIIB’s Extended Deadline for Public Input on the Energy Sector Strategy Update ​ 19 May 2022 Collective Statement For the Energy Sector Strategy Update ​ 2 May 2022 Re: AIIB’s Call for Public Input on the Energy Sector Strategy Update ​ 23 February 2022 AIIB response to NGO Forum on ADB network’s letter regarding Energy Strategy update ​ 15 February 2022 Collective Call for a New Forward-Looking AIIB Energy Sector Strategy ​ 28 January 2022 Follow Up Correspondence Concerning the 2022 Energy Sector Strategy Update ​ 24 January 2022 AIIB Withdraw Proposed Financing for 1.4GW Gas Project and Pipeline in Thailand ​ 28 October 2021 Joint Submission by NGO Forum on ADB & Urgewald on the AIIB Environmental and Social Framework ​ 23 September 2021 Key issues regarding the AIIB Annual Meeting 2021 Letter