Asian Peoples' Movement on Debt and Development

A regional alliance of peoples’ movements, community organizations, coalitions, NGOs and networks

 

  • Korean Federation for Environmental Movements urge Kexim Bank to end Coal Financing

    Korean Federation for Environmental Movements urge Kexim Bank to end Coal Financing

    Korean Federation for Environmental Movements urge Kexim Bank to end Coal Financing

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  • CSOs in Sri Lanka urge the GCF to approve Project Proposal

    CSOs in Sri Lanka urge the GCF to approve Project Proposal

    CSOs in Sri Lanka urge the GCF to approve Project Proposal

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  • Regional CSO urges Asian governments: Strip the veil of ADB’s clean energy showcase, expose the lie of “clean coal” and other false solutions to climate change

    Regional CSO urges Asian governments: Strip the veil of ADB’s clean energy showcase, expose the lie of “clean coal” and other false solutions to climate change

    Regional CSO urges Asian governments: Strip the veil of ADB’s clean energy showcase, expose the lie of “clean coal” and other false solutions to climate change

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  • Break free from dirty energy

    Break free from dirty energy

    Break free from dirty energy

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  • Paris Agreement signing: Asian alliance urges governments to solve climate crisis

    Paris Agreement signing: Asian alliance urges governments to solve climate crisis

    Paris Agreement signing: Asian alliance urges governments to solve climate crisis

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Tax Justice

  • Issue 2: Tax Justice Newsbriefs

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  • Issue 1: Tax Justice Newsbriefs

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  • Asian alliance joins global call for tax justice

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  • Asian movements push for global tax body

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Women & Gender

  • International Women’s Day: Renewing Our Commitment to the Emancipation and Empowerment of Women

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  • APMDD Workshop on Women, Land, Food and Climate

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Climate Justice

  • Paris Agreement signing: Asian alliance urges governments to solve climate crisis

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  • Could developing countries walk out of the Paris climate talks?

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  • Latest draft of Paris climate deal unacceptable – Asian movements

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  • PH groups launch climate justice march; call for strong climate deal in Paris

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  • Asian alliance co-publishes review of countries’ climate pledges (PR)

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Campaigns

Ecological Debt, Environmental Justice & Climate Change

  • Korean Federation for Environmental Movements urge Kexim Bank to end Coal Financing
    Korean Federation for Environmental Movements urge Kexim Bank to end Coal Financing
    Korean Federation for Environmental Movements urge Kexim Bank to end Coal Financing

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  • CSOs in Sri Lanka urge the GCF to approve Project Proposal
    CSOs in Sri Lanka urge the GCF to approve Project Proposal
    CSOs in Sri Lanka urge the GCF to approve Project Proposal

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  • Paris Agreement signing: Asian alliance urges governments to solve climate crisis
    Paris Agreement signing: Asian alliance urges governments to solve climate crisis
    Paris Agreement signing: Asian alliance urges governments to solve climate crisis

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  • Green Climate Fund: Updates from the 12th board meeting
    Green Climate Fund: Updates from the 12th board meeting
    Green Climate Fund: Updates from the 12th board meeting

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  • International Women’s Day: Renewing Our Commitment to the Emancipation and Empowerment of Women
    International Women’s Day: Renewing Our Commitment to the Emancipation and Empowerment of Women
    International Women’s Day: Renewing Our Commitment to the Emancipation and Empowerment of Women

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Right to Essential Services & Natural Resources

  • Asian movements join global call for tax justice [PR]
    Asian movements join global call for tax justice [PR]
    Asian movements join global call for tax justice [PR]

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Global & Public Finance

  • Statement on the occasion of the 49th Annual Meeting of the Board of Governors of the Asian Development Bank
    Statement on the occasion of the 49th Annual Meeting of the Board of Governors of the Asian Development Bank
    Statement on the occasion of the 49th Annual Meeting of the Board of Governors of the Asian Development Bank

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  • On the Panama Papers and Illicit Financial Flows
    On the Panama Papers and Illicit Financial Flows
    On the Panama Papers and Illicit Financial Flows

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  • UN climate fund must reject HSBC, Crédit Agricole - Asian movements
    UN climate fund must reject HSBC, Crédit Agricole - Asian movements
    UN climate fund must reject HSBC, Crédit Agricole - Asian movements

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  • Cancel Nepal’s debt – Nepali, Asian people’s groups [PR]
    Cancel Nepal’s debt – Nepali, Asian people’s groups [PR]
    Cancel Nepal’s debt – Nepali, Asian people’s groups [PR]

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Women & Gender

  • Relating Conditions of Women in Asia to Issues of Debt, Essential Services and Climate Change
    Relating Conditions of Women in Asia to Issues of Debt, Essential Services and Climate Change
    Relating Conditions of Women in Asia to Issues of Debt, Essential Services and Climate Change

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Asian alliance calls on UN climate fund to shun HSBC, Crédit Agricole

PRESS RELEASE

Asian alliance calls on UN climate fund to shun HSBC, Crédit Agricole

Both banks fund dirty energy, say civil society groups

LIVINGSTONE, Zambia, 2 November 2015 – As the last Green Climate Fund board meeting before the Paris climate conference begins here today, an Asian alliance of social movements joined over a hundred civil society groups worldwide in calling for the main UN climate fund to reject the partnership bids of two European banking giants – the British HSBC and French Crédit Agricole.

“If the Green Climate Fund is serious about helping developing countries cope with climate change, it must not partner with these dirty energy financiers,” said Lidy Nacpil, coordinator of the Asian Peoples’ Movement on Debt and Development.

“It already tarnished its reputation by accrediting the World Bank and Deutsche Bank as its intermediaries in the July board meeting – that board must not let what remains of that reputation go up in smoke now, less than a month before Paris,” she added.

APMDD and other groups released a statement today which detailed the two banks’ well-documented involvement in recent money laundering and other scandals, their large exposure to coal and other polluting industries, and their anti-people and anti-environment policies.

The groups stated that HSBC and Crédit Agricole rank among the top 20 private sector banks financing coal. HSBC channeled almost EUR 8 billion while Crédit Agricole gave EUR 7 billion to the coal sector between 2005 and April 2014, according to BankTrack data.

Both banks also financed non-fossil-fuel sectors with a large negative impact on climate, citing HSBC as a major financier of Indonesia’s palm oil sector.

"The use of palm oil for biofuel is a false solution to climate change because the logging and burning of rainforests and peatlands released a lot of carbon emissions. Moreover, communities and farmlands are being displaced, leaving more people homeless and hungry," said Jefri Saragih, executive director of Sawit (Palm Oil) Watch, an APMDD member organization based in Bogor, Indonesia.

“HSBC may be a founding member of the Roundtable on Sustainable Palm Oil, but that means little if it continues to bankroll dirty and harmful energy,” he added.

The GCF was founded under the United Nations climate convention to redistribute money for climate adaptation and mitigation from developed to developing countries. Over $10 billion is currently pledged to the fund.

If the GCF board approves the banks as their “accredited entities”, they will be able to receive and disburse funds to support adaptation and mitigation in developing countries.

The groups also noted in their statement that the vast majority of GCF resources are expected to flow through international and developed-country entities, even though the funds are supposed to prioritize national banks and other institutions, particularly those in developing countries.

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NOTES TO EDITORS:

The Asian Peoples’ Movement on Debt and Development (formerly Jubilee South–Asia Pacific Movement on Debt and Development) is a regional alliance of peoples' movements and organizations, coalitions, and nongovernmental organizations.

The final draft of the civil society statement against the accreditation of HSBC and Crédit Agricole, including an updated list of endorsers, is at http://ow.ly/U7BNR. Among the co-endorsers of APMDD and several of its members are 350.org; ActionAid USA; Asia Pacific Forum on Women, Law and Development; Corporate Europe Observatory; Friends of the Earth; Pan African Climate Justice Alliance; and Third World Network.

CONTACT:

(Zambia) Claire Miranda: This email address is being protected from spambots. You need JavaScript enabled to view it.

(Philippines) Denise Fontanilla: This email address is being protected from spambots. You need JavaScript enabled to view it., +639178514890

Tags: UNFCCC, Green Climate Fund, Indonesia, - from news

Bangladesh

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  • Bangladesh urges global leaders to...

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  • Illicit fund outflows cost BD $24.7b...

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  • Conduct study on climate-induced...

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  • BD climate funds need single focal point

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India

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  • Our planet is not for sale! ADB Quit...

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  • Villagers protest “illegal” land...

    For six months now, around 4,000 villagers have camped out a kilometer away from Maujanagri village in India to protest the government's land

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  • Climate Change and Fisheries Sector

    The challenges faced by the fishing community on the present crisis initiated by climate change, are being discussed at a time when the fish

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  • Free trade pacts, FDI opposed in...

    The National Fish Workers Forum has opposed free trade agreements and foreign direct investment in retail trade and the fisheries

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Indonesia

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    Hari ini WALHI mengeluarkan hasil analisis kebakaran lahan dan hutan yang menunjukkan peran korporasi, khususnya di sektor kehutanan dan

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  • CSO Partnership for Development...

    CSO Partnership for Development Effectiveness (CPDE) Asia Consultation on Development Effectiveness in Food, Agriculture and Rural Development

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  • Critique of Draft 2013 State Budget v....

    On 16 August, as usual, the President addressed the House of Representatives (DPR), presenting the government's annual financial statement and

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  • Activists say no to IMF

    JAKARTA: Activists have called on the Indonesian government to drop its plan to lend US$1 billion to the International Monetary Fund (IMF) and

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  • NGOs reject govt's plan to assist IMF

    REPUBLIKA CO.ID., JAKARTA - Several Non-governmental Organizations reject government's plan to assist the funding for International Monetary Fund

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Malaysia

  • Save our seeds from corporate control

    Seeds are a farmer’s most essential input. For thousands of years farm communities have been observing, selecting, nurturing, breeding and

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Nepal

  • Climate justice dialogue held in Nepal

    South Asian Alliance for Poverty Alleviation, 22 November 2015

    Campaign for Climate Justice Nepal (CCJN), as the Nepal arm of the

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  • International Training Course on '...

    International training course on 'Addressing Household Food Security in the Context of Changing Climate and Environment', jointly organised by

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  • Sharing Program Organized in Twelve...

    National Forum for Women Rights Concern(NFOWRC) has organized sharing program on finding of the study in twelve districts on different date of

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  • Just climate finance for climate...

    An interaction programme was organised in Kathmandu, Nepal relating to Global Week of Actions today (21 Nov 2012). The programme was participated

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  • Research Report Released

    Human Rights Alliance has released a research report on Status of domestication of international treaties in Nepal.The main objective of this

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Pakistan

  • Filipino, other Asian activists call...

    MANILA, 2 February 2016 – Filipino activists protested today outside the Pakistan embassy in the Philippines [1], joining Asian and other

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  • Release Pakistan Fisherfolk Forum...

    Asian Peoples Movement on Debt and Development

    STATEMENT

    19 January 2016

    The Asian Peoples Movement on Debt and

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  • People’s Caravan under the Campaign of...

    Entire globe is experiencing water crisis. Asia in general and South Asia in particular is not exception to this phenomenon. This region is

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Philippines

  • PIGLAS PILIPINAS: PH part of global...

    PRESS RELEASE

    PIGLAS PILIPINAS: PH part of global movement to end fossil fuels

    10,000 to mobilize

    ...

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  • Filipino, other Asian activists call...

    MANILA, 2 February 2016 – Filipino activists protested today outside the Pakistan embassy in the Philippines [1], joining Asian and other

    ...

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  • PH groups launch climate justice...

    MANILA, 11 November 2015 — Social movements, religious associations, and other civil society groups across the

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  • ON WORLD PUBLIC SERVICES DAY: Asian...

    MANILA, 23 June 2015 – Calling for the funding for public services and the stopping of tax incentives and dodging, an Asian civil society

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  • FDC warns gov't investigations may...

    The Freedom from Debt Coalition(FDC) goes on its third day of its Tatakan/Sulatan ng GANID the MERALCO bills protest activity today at 10 am

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Sri Lanka

  • Crushing the protest against the...

    Colombo, Sri Lanka. We are shocked to see the use of military by the government of Sri Lanka to crush the peaceful protest by the thousands of

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  • CEJ commemorates "NO pesticide...

    Centre for Environmental Justice together with Sri Lanka Nature Group organised a media event and book launching on the 3rd December 2012 at the

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  • Taxing citizens for drinking water is...

    October 20, Colombo, Sri Lanka. We are shocked to hear that Sri Lankans who dig traditional or tube wells to obtain water for drinking,

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  • CSE releases initial findings on...

    16th August 2012, Colombo. Today, the Centre for Science and Environment, a leading environmental organisation in India released the report

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  • Sri Lanka CSO Statement on RIO+20

    Colombo - Sri Lankan Civil Society Organisations today issued a CSO Statement on Rio+20 prepared through a dialogue held on 17-18th May 2012 in

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Thailand

  • Message of Solidarity with the...

    On the occasion of the erection of a monument to commemorate the assassination of four land rights activists from the Southern Peasant Federation

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Asia

  • Regional CSO urges Asian governments:...

    The Asian Development Bank  (ADB) claims concern in addressing the causes of climate change as it convenes the Asia Clean Energy Forum

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  • SAAPE's South Asia Poverty Report 2013...

    South Asia Alliance for Poverty Eradication (SAAPE) has launched its 4th Poverty Report 2013 on 11 September 2013 amidst a South Asian Women's

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  • Call to Action: End the WTO and stop...

    The Indonesian People's Movement Against Neocolonialism-Imperialism (Gerak Lawan), a national coalition in Indonesia fighting neoliberalism, has

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  • MFA Statement for International...

    Today, on International Migrants Day, Migrant Forum in Asia (MFA) celebrates the contributions made by millions of migrants all over the world

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  • BNPS Protests Communal Attacks on...

    Bangladesh Nari Progati Sangha (BNPS) organized a human chain in banner of Citizen Group on 2 October protesting communal attack and atrocities

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