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THE ASIAN DEVELOPMENT BANK is at a historical crossroads: the bank can either fight climate change, or it can fund it. By driving the massive uptake of renewable energy and energy efficiency programs in the Asia Pacific, the ADB can play a leading role in stemming dangerous climate change and sparing Asia’s poorest from the worst impacts. Or, the ADB can continue to fund huge increases in coal consumption and thereby negate its avowed mission of promoting sustainable
development and poverty alleviation.
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May 01, 2006 |
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