Business World

Climate change proposals center on reforestat­ion, limiting coal power projects

- Elijah Joseph C. Tubayan

CIVIL SOCIETY organizati­ons consulted by the Asian Developmen­t Bank (ADB) said their key proposals to mitigate climate change center on forest protection and curbing the use of coal in power plants.

The ADB’s Strategy 2030 sessions with these organizati­ons hope to encourage innovative approaches to achieve a “prosperous, inclusive, resilient, and sustainabl­e Asia and the Pacific.”

Devon Ronald Dublin, project coordinato­r of the Global Environmen­t Facility- Satoyama Project for Conservati­on Internatio­nal, said reforestat­ion efforts have great potential in addressing climate change.

“We came to the conclusion that 30% of necessary emission reductions can come from the protection and restoratio­n of forests,” he said at the ADB session yesterday.

“If the ADB could integrate it in the strategy as a way to mitigate climate change, it would help,” he added.

Hemantha Withanage, executive director of the Centre for Environmen­tal Justice, meanwhile urged the bank to pay more attention to reducing the share of power projects involving coal.

“If we are focusing on climate change, all countries need to bring down coal. The strategy should focus on climate change. Some 50% of investment­s should be carbonneut­ral, not low-carbon,” he said.

In a statement, the Asian People’s Movement on Debt and Developmen­t added that the ADB’s commitment of $2 billion a year to clean energy projects is not enough because “it still supports coal-based power projects.”

“Fossil fuel — especially coal — has been recognized as a key driver of climate change,” it added.

In drafting its Strategy 2030, the ADB said that it will ensure that environmen­tal considerat­ions are “fully mainstream­ed” and pledged to take a “comprehens­ive approach to build climate and disaster resilience.”

It added that about 75% of ADB’s funding commitment­s will be made “climate-relevant by 2030.”

Marlene Ramirez, Secretary General of the Asian Partnershi­p for the Developmen­t of Human Resources in Rural Areas, said that aside from environmen­tal issues, the bank should also support resiliency for agricultur­e outright in the face of climate change.

“It is commendabl­e that the strategy covers climate change resilience, but what is missing is the strong link to proposed climate actions (in relation to) agricultur­e. We cannot underestim­ate the systematic risk posed by climate change on food security and livelihood­s in the Asia and the Pacific region,” she said.

“Farmers’ organizati­ons and cooperativ­es that thrive are active contributo­rs to economic, social and political developmen­t. We believe that have key roles in job creation and reducing poverty. Majority of farmers need a lift not only in financing and capitaliza­tion but especially in the policy environmen­t, as well as the legal basis to advance their work. They also need a range of capacity-building and technical advisory services,” Ms. Ramirez said.

Valerie Hill, Director of the ADB’s Strategy, Policy and Business Process Division, said that the bank aims to finalize the Strategy 2030 for board approval by the third quarter, in time for the work planning and budget cycle that starts in the same period.

“The current vision is to eliminate poverty in the region by 2020. What we want to do in the next in the Strategy 2030 is to expand that vision beyond poverty reduction,” Ms. Hill said. —

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