The groups contend that Asian Development Bank (ADB) is flouting local and international laws by promoting incineration, and that the bank should facilitateâinstead of obstructâAsia-Pacificâs transition toward a sustainable circular economy.
The call came during the launch of the report ADB and Waste Incineration: Bankrolling Pollution; Blocking Solutions published by the Global Alliance for Incinerator Alternatives (GAIA). The report is a critical review of how ADB promotes investments in WTE incineration despite documented negative impacts of these facilities on public health, environment, economy, and the climate. According to GAIA joining the launch to call for the bank to pull out of waste incineration funding were No Burn Pilipinas, EcoWaste Coalition, Break Free From Plastic, Greenpeace, Healthcare Without Harm, and the Philippine Movement for Climate Justice (PMCJ).
âIncinerator financing is a classic example of ADBâs schizophrenic funding policy,â said Lea Guerrero, GAIA climate and clean energy campaigner. âThe bank is using public money to promote dirty and destructive projects that serve to prevent countries in the region from pursuing solutions that conserve resources, protect health and which do not harm the climate. This report challenges ADB to innovate, not incinerate: the world is already moving away from incineration and transitioning to a sustainable circular economy. ADB should follow suit and fund just, equitable Zero Waste systems that will enable this transition.â
According to GAIA the report shows that WTE incinerator facilities advanced by ADB present significant investment risks, fail to comply with key provisions of the bankâs safeguard standards as well as core pillars of the bankâs poverty reduction strategy, and present a lack of accountability to the very people within member countries it is mandated to serve. In Asia, the bank is the leading agency that is bringing the failed incineration model from the Global North. It also proactively partners with waste incineration companies to build WTE incinerators in the region. These facilities lock countries into enormous (and onerous) debts for environmentally and publicly harmful projects with exploitative âput-or-payâ contracts that obstruct the adoption of best practices for dealing with resources and waste.
Among incineration projects funded by ADB are incinerator facilities in China and Vietnam. The bank also recommends waste incineration to other countries through its technical assistance (TA) projects, such as in the Philippines.
âIn the Philippines, ADBâs pro-incinerator policies contravene the countryâs Clean Air, Ecological Solid Waste Management, and Renewable Energy laws,â said Glenn Ymata, No Burn Pilipinas campaign manager. âAside from clearly going against its safeguard standards, ADB is potentially locking cities and municipalities, already stretched for funds, into decades of wastage and indebtedness. It is business as usual for ADB and it has been the same for over 50 years.â
Last October, the bank announced that its lending portfolio has no place for âdirty energyâ. Green groups assert that WTE incineration is dirty energy and should not be financed by the bank. âADBâs funding of incinerators is based on the industry lie that WTE incineration is renewable energy,â said of PMCJ. âWTE incineration is polluting, carbon intensive, and takes investments away from real RE solutions. It should not be part of the ADBâs portfolio.”