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Why foreign aid may do more harm than good
Marcopper Mining Corp. began operations in Marinduque in 1969 with a $40-million loan from the Asian Development Bank. Photo shows mine spill in 1993 that reached Mogpog River. —PHOTO FROM DAVID SPROULE/OXFAM AUSTRALIA
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November 5, 2025December 16, 2025Opinion

Why foreign aid may do more harm than good

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It’s an opportune time to take a look at two of the Philippines’ major foreign aid donors to highlight issues and problems that characterize official development assistance (ODA). These are the Asian Development Bank (ADB) and the Japanese government.  There have been excellent civil society studies as well as critical academic research work on the...

Asian Development Bank has a chance to get the ‘do no harm’ principle right
Protesters say Asian Development Bank should get its 'do no harm' principle right in crafting its new ADB Environmental and Social Framework. —PHOTO COURTESY OF ASIAN PEOPLE'S MOVEMENT ON DEBT AND DEVELOPMENT
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July 10, 2024February 19, 2026Opinion

Asian Development Bank has a chance to get the ‘do no harm’ principle right

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The board of directors of the Asian Development Bank (ADB) is currently reviewing the draft of a proposed Environmental and Social Framework (ESF), which outlines new operational policies to better address environmental and social risks in the bank’s projects.  This proposed framework seeks to update ADB’s 15-year-old Safeguard Policy Statement to ensure the relevance of...