Save the Sundarbans in Bangladesh, Stop the Rampal Coal-fired Power Plant!
The Asian Peoples' Movement on Debt and Development (APMDD) joints peoples movements and communities in Bangladesh in their struggle to stop the building of the Rampal coal-fired power plant.
We urge President Abdul Hamid and Prime Minister Sheikh Hasina to desist from the construction of a project that will not only endanger the lives of the communities near the said power facility but will also contribute to the climate crisis and deepen the vulnerability of Bangladesh to the effects of climate change.
Good energy Bad energy Exhibition
A call for urgent action to put an end to dirty energy
Peoples in Asia are among the most threatened by climate change – a crisis induced by unabated fossil fuel use of a global capitalist system’s inexhaustible drive for profit, private wealth and accumulation. This very system pushes us ever deeper in impoverishment and misery. It leaves massive environmental destruction in its wake, increasing our vulnerabilities to the intensifying catastrophic effects of a crisis we did not cause.
Yet, fostering the dirty energy sources that support this system remains high up in the agenda of many states and international financial institutions. Despite avowals of commitment to sustainable development, they persist in meeting the demands of big business for coal, gas, oil and other fossil fuels in the face of incontrovertible evidence of the climate-damaging effects of greenhouse gases from fossil fuels. They continue to enable huge investments to pour into new dirty energy projects especially in South. Leaving renewable energy programs poorly funded, they provide huge handouts and subsidies for dirty energy corporations out of peoples’ money.
Korean Federation for Environmental Movements urge Kexim Bank to end Coal Financing
27 June 2016, Korea Federation for Environmental Movements
The thirteenth meeting of the Board of the Green Climate Fund (GCF) will be held from Tuesday 28 June to Thursday 30 June 2016 in Songdo, Incheon, Korea. Civil society groups are paying close attention to whether the Korea Exim bank could be accredited of Implementing Entity of GCF. Korea Exim bank applied in June 2015 to be accredited as Implementing Entity, institutions allowed to access to GCF funds and disburse them.
There has been big concerns over Korea Exim bank’s involvement in GCF as the bank has the long record of providing financing support for coal projects. The objective of GCF is “to promote the paradigm shift towards low emission and climate-resilient development pathways by providing support to developing countries.” Korea has been praised internationally as a model on climate change and green growth as it announced the ‘low carbon and green growth’ as a national vision in 2008 and hosted GCF headquarter in Songdo.