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Starting this Saturday, the US will host the Asia Pacific Economic Forum (APEC) Leaders’ Week in San Francisco, entitled “Creating a Resilient and Sustainable Future for All.”
This week, the Central Java Coal Power Project added to its list of failures, as continued refusal by villagers to sell their land for the proposed coal plant has forced the Indonesian government to yet again extend the deadline for financial closure of the project. This provides yet another reason for the World Bank to intervene.
A new investigation by Oil Change International shows that the World Bank’s infrastructure program in Indonesia reads like a coal industry wish list stipulating policies and government subsidies that promote the fast-tracked development of over 40 coal projects in the country ahead of developing feasible renewable alternatives.
