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How the host of the #LossAndDamage Fund has been encouraging #fossil expansion in developing countries: a 🧵on World Bank involvement in Pakistan

World Bank Recourse | @re-course.org on Bluesky APMDD Pakistan APMDD Alliance For Climate Justice & Clean Energy NGO Forum on ADB | #nofalsesolutions ✊ Trend Asia Bank Climate Advocates urgewald The Big Shift Global After having wreaked havoc on Pakistan's economy & energy sector throughout the 1990s & early 2000s, pushing for #thermal #IPPs 🏭 & leading the country into a #circulardebt crisis, World Bank decided to shift course in advisory approach and push for “indigenous fuel” instead.

World Bank Recourse | @re-course.org on Bluesky APMDD Pakistan APMDD Alliance For Climate Justice & Clean Energy NGO Forum on ADB | #nofalsesolutions ✊ Trend Asia Bank Climate Advocates urgewald The Big Shift Global In May 2009, the Bank started its $30 mn Thar Coal & Power Technical Assistance Project in Pakistan, aiming to provide a road map for “large-scale coal-to-power development” of the #Thar coal field in Sindh. With over 175 bn tonnes of lignite, this is Asia's largest coalfield.

World Bank Recourse | @re-course.org on Bluesky APMDD Pakistan APMDD Alliance For Climate Justice & Clean Energy NGO Forum on ADB | #nofalsesolutions ✊ Trend Asia Bank Climate Advocates urgewald The Big Shift Global In full violation of its #NoCoalFinance pledge in 2013, and despite reporting the #Thar Technical Assistance project as “dropped”, World Bank continued implementation of #Thar Block I, largely attracting private sector investment 💰 and using this to expand into other blocks.

Via its subsidiary IFC, World Bank funneled: 💰$75 million in equity & a $150 million loan to Habib Bank Ltd. 💰$66 million in equity to Bank Alfalah Ltd. 👷Technical Assistance & advisory services to four local banks lending to #Thar #coal

Lignite is one of the worst qualities of coal. According to a report by Centre for Research on Energy and Clean Air, the cluster of mines & power plants in #Thar would be one of the largest hotspots of air #pollutants, #mercury, & #CO2 emissions in South Asia: energyandcleanair.org/wp/wp-content/…

Approx. 1400 kg of #mercury per year is expected to be deposited on cropland; while an estimated 100,000 people could be exposed to air pollutants exceeding World Health Organization (WHO) guidelines (including sulfur dioxide and carbon). energyandcleanair.org/wp/wp-content/… Centre for Research on Energy and Clean Air

Heike Mainhardt's report for urgewald expands on the process through which World Bank and Asian Development Bank helped develop #Asia's largest #coalfield in #Pakistan, providing financing and assistance via backdoor and indirect means: urgewald.org/sites/default/…

As #MDBs World Bank Asian Development Bank AIIB take center stage at #COP29Baku w/ promises around increased #climatefinance & investments in #adaptation, we question their role in putting #Pakistan on a high emissions trajectory & refusing to engage in early fossil phase out.

Recourse | @re-course.org on Bluesky's report re-course.org/wp-content/upl… captures this hypocrisy perfectly, with contributions from Alternative Law Collective and Alliance For Climate Justice & Clean Energy Sign onto the campaign to #FreePakistanfromCoal & support early retirement of World Bank & ADB funded coal plants: actionnetwork.org/petitions/free…

The fight against Thar coal isn't just about energy- it's about protecting communities, preserving our environment, and demanding human rights! 📝 actionnetwork.org/petitions/free… #FreePakistanFromCoal #COP29 APMDD Pakistan Women Democratic Front ناری جمھوری محاذ Harjeet Singh Fossil Fuel Non-Proliferation Treaty Initiative Caroline Davies #FreePakistanfromCoal

“That's home. That's us. On it everyone you love, everyone you know, every human being who ever was...the pale blue dot, the only home we've ever known" Carl Sagan We have the solutions. Protect people & the planet. #ActOnClimate #climate #climatecrisis #nature #cop29

As you may have seen the AQI numbers today, I have been emphasising that city-wide shutdowns need to be imposed in Lahore, Gujranwala & Multan for upto 3-days. The cycle of emissions and pollutant buildup needs to be stopped to bring immediate relief. Rain is forecasted in 2

Treating #beef like #coal 🪨 would make a big dent in greenhouse-gas emissions Cattle 🐄 are a surprisingly large producer of greenhouse gases - time to stop eating beef 🥩 Up to 30% of global greenhouse gases comes from food production #climatechange #vegetarian COP29 Azerbaijan

Only six years remain to meet Pakistan’s goal of 60% renewable energy by 2030! ⏳ We must halt coal projects NOW to avoid locking in pollution and debt. Join us: (buff.ly/3VeXWXB) #FreePakistanFromCoal #COP29

#FreePakistanFromCoal

#COP29 Side Event Alert! Topic: Empowering Indigenous & Local Leadership 📍 Regional Climate Foundation Pavilion 🗓️ Nov 18 | 🕓 16:15-17:15 (Baku Time) Sign the petition to end coal & support clean energy transitions. actionnetwork.org/petitions/free… #COP29 #FREEPAKISTANFROMCOAL

Yesterday, ACJCE raised its voice for the Global South at #COP29! Empty promises won't save us. We need real solutions for climate-affected communities! actionnetwork.org/petitions/free… #FreePakistanfromCoal #COP29 Harjeet Singh Mahim Maher 350 dot org Climate Action Network International (CAN) APMDD #FreePakistanfromCoal

Pakistanis deserve clean, affordable energy! Coal is poisoning our air, water, and land. It's time to #FreePakistanFromCoal and invest in renewables. Sign the Petition #COP29 actionnetwork.org/petitions/free… Harjeet Singh afia salam Dr. Khalid Waleed 🌏 Dawar B.