Asian Development Bank
The Asian Development Bank (ADB) has been an enthusiastic supporter of hydropower, large irrigation and other infrastructure projects in
The Manila-based ADB is struggling to remain relevant in a region where strong emerging economies have ready access to capital. In misguided response, the ADB is weakening its safeguard policies and re-thinking its proclaimed “poverty-reduction” focus.
Like the World Bank, the ADB’s support for large dams comes in a variety of shapes and sizes. The ADB finances dams with loans and guarantees, funds related technical assistance studies and transmission lines, provides pro-dam policy advice, convenes regional meetings to tout proposed dam projects, and backs regional integration of the power sector, particularly in the Greater Mekong Sub-region (GMS).
Under the GMS Power Grid plan, numerous controversial hydropower projects in
- Multilateral Development Banks' Project Pipelines: A quarterly report on dam projects to watch out for at the the African Development Bank, the Asian Development Bank, the European Investment Bank, the Inter-American Development Bank, the International Finance Corporation, and the World Bank