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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, 2024July 10, 2024Opinion

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...