Environment, social protection crucial in infrastructure investment
Foreign affairsJun 9, 2015
Asia is gearing up for increased infrastructure financing to support the drive for stronger economic growth. That’s good news for narrowing the perennial gaps in energy and transport blocking growth in many economies in the region. But, unless accompanied by protective safeguards, these projects risk damaging the environment, climate and communities ― and hindering growth. This must be a top concern for both the established lenders, such as the World Bank and Asian Development Bank, and the two