World Rainforest Movement

50 years later: a review of the Asian Development Bank’s impacts in the region

The Asian Development Bank (ADB) marks 50 years as the second largest source of development finance in the Asia-Pacific region, just after the World Bank Group. Focus on the Global South has released a special newsletter highlighting the Asian people’s resistance against the Bank. It shows how the institution has been fostering inequalities and mis-governance while enjoying the highest degree of immunity to legal liabilities and accountability to national laws for problematic investments, faulty policy advice, violation of people’s rights and livelihoods, and destruction of the environment. This documentation is aimed at joining people’s movements and civil society in building a region-wide challenge to the ADB’s immunity. The newsletter, together with earlier writings and materials on the ADB produced by this organization, can be found in English here: https://focusweb.org/page/adb50/

Leave a Comment

Your email address will not be published. Required fields are marked *