{"id":47728,"date":"2022-12-09T11:41:24","date_gmt":"2022-12-09T11:41:24","guid":{"rendered":"https:\/\/www.climatechangenews.com\/?p=47728"},"modified":"2022-12-12T17:40:52","modified_gmt":"2022-12-12T17:40:52","slug":"aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals","status":"publish","type":"post","link":"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/","title":{"rendered":"AIIB finds gas plant in Bangladesh compatible with Paris goals"},"content":{"rendered":"<p><b>The Asian Infrastructure Investment Bank (AIIB) is fast-tracking a bid to back a gas-fired power plant in Bangladesh, after concluding the project is in line with the Paris Agreement. <\/b><\/p>\n<p>The Beijing-headquartered development bank is considering support for <a href=\"https:\/\/www.aiib.org\/en\/projects\/details\/2022\/proposed\/Bangladesh-Unique-Meghnaghat-IPP.html\" target=\"_blank\" rel=\"noopener\">a 584MW gas plant<\/a> in Narayangonj on the outskirts of Dhaka. A <a href=\"https:\/\/bpdb.portal.gov.bd\/sites\/default\/files\/files\/bpdb.portal.gov.bd\/annual_reports\/7b792f67_bf50_4b3d_9bef_8f9b568005c9\/2022-11-29-05-22-0dea17e09d8a84e72a63312df6b5bdc6.pdf\" target=\"_blank\" rel=\"noopener\">report<\/a> from the Bangladesh Power Development Board shows the plant will be fuelled by LNG.<\/p>\n<p>Dwindling domestic gas resources, efforts to shift away from coal and phase out <a href=\"https:\/\/www.tbsnews.net\/bangladesh\/energy\/no-diesel-run-power-plants-june-private-firms-can-import-gas-oil-nasrul-544266\" target=\"_blank\" rel=\"noopener\">polluting diesel plants<\/a> and the lack of renewable capacity has led Bangladesh to increasingly rely on LNG to meet its energy needs.<\/p>\n<p>But soaring prices caused by Russia\u2019s invasion of Ukraine have left the South Asian nation priced out of the market and facing regular power outages.<\/p>\n<p>\u201cThere\u2019s no gas to supply this new power plant. It\u2019s not justified and ridiculous,\u201d Hasan Mehedi, secretary of the Bangladesh Working Group on External Debt, an alliance of 43 local organisations, told Climate Home News.<\/p>\n<blockquote><p><a href=\"https:\/\/www.climatechangenews.com\/2022\/12\/06\/uae-plans-to-have-it-both-ways-as-cop28-climate-summit-host\/\" target=\"_blank\" rel=\"noopener\"><strong>UAE<\/strong> plans to have it both ways as Cop28 climate summit host<\/a><\/p><\/blockquote>\n<p>Standard Chartered Bank is lead lender on the $613 million project, which is under construction. AIIB&#8217;s proposed contribution is a $110m loan.<\/p>\n<p>To build the plant, project developer Unique Meghnaghat acquired 21 acres of agricultural land from local villages, affecting 343 landowners and fishers, <a href=\"https:\/\/www.aiib.org\/en\/projects\/details\/2022\/_download\/bangladesh\/Livelihood-Restoration-Plan.pdf\">according to project documents<\/a>.<\/p>\n<p>The <a href=\"https:\/\/www.aiib.org\/en\/about-aiib\/governance\/accountability-framework\/index.html\" target=\"_blank\" rel=\"noopener\">fast-tracking process<\/a> allows the bank&#8217;s president to greenlight support without going through the board. He could make the decision this month.<\/p>\n<h3>Paris alignment<\/h3>\n<p>AIIB found the project to be in line with the goals of the Paris Agreement. Petra Kjell Wright, a development finance campaigner at Recourse told Climate Home this was the first time the bank had mentioned a Paris alignment assessment. But it has not published its methodology.<\/p>\n<p>The bank has <a href=\"https:\/\/www.aiib.org\/en\/news-events\/news\/2021\/AIIB-to-Fully-Align-with-Paris-Agreement-Goals-by-Mid-2023.html\" target=\"_blank\" rel=\"noopener\">pledged<\/a> to fully align its operations with the Paris goals by July 2023. According to E3G analysts, it has <a href=\"https:\/\/www.e3g.org\/mdb-matrix\/\" target=\"_blank\" rel=\"noopener\">work to do to get there<\/a>.<\/p>\n<p>The International Energy Agency has warned that &#8220;a huge decline in the use of fossil fuels&#8221; is needed <a href=\"https:\/\/www.climatechangenews.com\/2021\/05\/18\/iea-end-fossil-fuel-expansion-now-net-zero-energy-emissions-2050\/\" target=\"_blank\" rel=\"noopener\">to limit warming to 1.5C<\/a> \u2013 the more ambitious end of the Paris Agreement\u2019s goals.<\/p>\n<blockquote><p><a href=\"https:\/\/www.climatechangenews.com\/2022\/12\/02\/brazil-set-to-scrap-gas-pipelines-and-power-plants\/\" target=\"_blank\" rel=\"noopener\"><strong>Brazil\u2019s<\/strong> incoming government set to scrap gas pipelines and power plants<\/a><\/p><\/blockquote>\n<p>The <a href=\"https:\/\/www.aiib.org\/en\/projects\/details\/2022\/proposed\/Bangladesh-Unique-Meghnaghat-IPP.html\" target=\"_blank\" rel=\"noopener\">project documents<\/a> show that renewable alternatives were barely considered. They <a href=\"https:\/\/www.aiib.org\/en\/projects\/details\/2022\/_download\/bangladesh\/ESIA-Report-for-600MW-CCPP-Meghnaghat.pdf\">state<\/a> that renewable energy \u201cremains a niche area that does not have the capacity to provide the power delivery at the scale and reliability in view of the existing power deficit scenario\u201d.<\/p>\n<p>Land scarcity, high initial cost and the lack of infrastructure for large-scale generation are <a href=\"https:\/\/www.aiib.org\/en\/projects\/details\/2022\/proposed\/Bangladesh-Unique-Meghnaghat-IPP.html\" target=\"_blank\" rel=\"noopener\">listed<\/a> as barriers.<\/p>\n<p>Kjell Wright described the assessment as \u201cvery weak\u201d and with \u201cloopholes so big that a gas-power plant can jump through them\u201d.<\/p>\n<p>\u201cThis is public finance and taxpayers money and it should play a role in the trajectory towards renewable. Public finance should help countries leapfrog to renewables and not pull them back to the fossil fuel economy,\u201d she said.<\/p>\n<p>A spokesperson for AIIB said the project will help the government avoid using more polluting and less efficient plants and complement the development of renewable energy.<\/p>\n<h3>&#8216;Clever framing&#8217;<\/h3>\n<p>Multilateral development banks, including AIIB, have been working on a joint framework to assess projects against the goals of the Paris Agreement.<\/p>\n<p>A <a href=\"https:\/\/www.eib.org\/attachments\/documents\/cop26-mdb-paris-alignment-note-en.pdf\">draft<\/a> from November 2021 rules that mining or burning coal isn\u2019t aligned with the Paris deal but it doesn\u2019t explicitly exclude support for oil and gas. Instead, banks are asked to answer a series of broad questions to determine whether the project is Paris-compatible.<\/p>\n<p>\u201cWith a bit of clever framing and number crunching, there are ways of showing that nearly every project apart from coal and peat is Paris-aligned,\u201d said Sonia Dunlop of think tank E3G.<\/p>\n<p>The approval of the Narayangonj gas project could set a precedent for how other MDBs assess similar project, she added. \u201cThis is hugely concerning\u201d.<\/p>\n<p>Last month, AIIB approved <a href=\"fuel%20shifts%20from%20carbon%20intensive%20fossil%20fuels%20such%20as\" target=\"_blank\" rel=\"noopener\">an updated energy strategy<\/a> restricting financing for coal and oil projects and gas drilling. But it allows funding for gas infrastructure and power generation in certain circumstances, including if it displaces more polluting fuels and doesn\u2019t displace clean ones.<\/p>\n<h3>Delaying the energy transition<\/h3>\n<p>More than half of Bangladesh\u2019s electricity generation comes from gas, while grid-connected solar accounts for just over 1% of the mix.<\/p>\n<p>To keep up with growing electricity demand, Bangladesh\u2019s LNG imports have surged. A <a href=\"https:\/\/ember-climate.org\/insights\/commentary\/spot-market-lng-imports-can-cost-bangladesh-11-billion\/\" target=\"_blank\" rel=\"noopener\">recent analysis by Ember<\/a> found that, based on current plans, Bangladesh could spend $11 billion on spot market LNG between 2022 and 2024. Investments in solar power could have reduced this by a quarter and saved up to $2.7bn.<\/p>\n<blockquote><p><a href=\"https:\/\/www.climatechangenews.com\/2022\/12\/07\/eu-agrees-law-to-crack-down-on-deforestation-in-supply-chains\/\" target=\"_blank\" rel=\"noopener\"><strong>EU<\/strong> agrees law to crack down on deforestation in supply chains<\/a><\/p><\/blockquote>\n<p>Shafiqul Alam is the lead energy finance analysts for Bangladesh for the Institute for Energy Economics and Financial Analysis (Ieefa).<\/p>\n<p>He told Climate Home: \u201cGiven high LNG prices on the international market and the fact Bangladesh is already facing a gas shortage\u2026 this is an opportunity for Bangladesh to transition and design a clear pathway for renewable energy.\u201d Growing the fossil fuel pipeline will only delay that transition, he said. \u201cThe government should keep space for renewables and not invest in new LNG-based plants apart from the ones are under construction.&#8221;<\/p>\n<p>As of August 2021, AIIB had invested $605m in the energy sector in Bangladesh. According to <a href=\"https:\/\/www.researchgate.net\/publication\/355316268_Financing_Fossil_Fuels_Failing_Our_Future\" target=\"_blank\" rel=\"noopener\">analysis by the Bangladesh Working Group on External Debt,<\/a> none of this went to solar or wind projects.<\/p>\n<p>Mehedi, of the working group, said Bangladesh had installed nine grid-connected solar plants. \u201cSolar is bankable and profitable so why are we going for LNG?&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"AIIB&#8217;s fast-tracking of a 600MW LNG plant could set a precedent for more development finance to fossil gas projects, campaigners warn","protected":false},"author":39,"featured_media":47734,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6,598,4171,439],"tags":[4291,281],"coauthors":[4267],"class_list":["post-47728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-fossil-fuels","category-paris-agreement","category-renewables","tag-aiib","tag-bangladesh","type-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AIIB finds gas plant in Bangladesh compatible with Paris goals<\/title>\n<meta name=\"description\" content=\"AIIB&#039;s fast-tracking of a 600MW LNG plant could set a precedent for more development finance to fossil gas projects, campaigners warn\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AIIB finds gas plant in Bangladesh compatible with Paris goals\" \/>\n<meta property=\"og:description\" content=\"AIIB&#039;s fast-tracking of a 600MW LNG plant could set a precedent for more development finance to fossil gas projects, campaigners warn\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate Home News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ClimateHomeNews\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-09T11:41:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-12T17:40:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn.climatechangenews.com\/files\/2022\/12\/08103358\/Meghna-river-bangladesh.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"799\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Chlo\u00e9 Farand\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ClimateHome\" \/>\n<meta name=\"twitter:site\" content=\"@ClimateHome\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Chlo\u00e9 Farand\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/\"},\"author\":{\"name\":\"Chlo\u00e9 Farand\",\"@id\":\"https:\/\/www.climatechangenews.com\/#\/schema\/person\/f4447ac0e6856c69dc6bb7905190c5c6\"},\"headline\":\"AIIB finds gas plant in Bangladesh compatible with Paris goals\",\"datePublished\":\"2022-12-09T11:41:24+00:00\",\"dateModified\":\"2022-12-12T17:40:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/\"},\"wordCount\":925,\"publisher\":{\"@id\":\"https:\/\/www.climatechangenews.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cdn.climatechangenews.com\/files\/2022\/12\/08103358\/Meghna-river-bangladesh.jpg\",\"keywords\":[\"AIIB\",\"Bangladesh\"],\"articleSection\":[\"Energy\",\"Fossil Fuels\",\"Paris Agreement\",\"Renewables\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/\",\"url\":\"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/\",\"name\":\"AIIB finds gas plant in Bangladesh compatible with Paris goals\",\"isPartOf\":{\"@id\":\"https:\/\/www.climatechangenews.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cdn.climatechangenews.com\/files\/2022\/12\/08103358\/Meghna-river-bangladesh.jpg\",\"datePublished\":\"2022-12-09T11:41:24+00:00\",\"dateModified\":\"2022-12-12T17:40:52+00:00\",\"description\":\"AIIB's fast-tracking of a 600MW LNG plant could set a precedent for more development finance to fossil gas projects, campaigners warn\",\"breadcrumb\":{\"@id\":\"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/#primaryimage\",\"url\":\"https:\/\/cdn.climatechangenews.com\/files\/2022\/12\/08103358\/Meghna-river-bangladesh.jpg\",\"contentUrl\":\"https:\/\/cdn.climatechangenews.com\/files\/2022\/12\/08103358\/Meghna-river-bangladesh.jpg\",\"width\":799,\"height\":450,\"caption\":\"The industrial complex on the Meghna River near Dhaka, Bangladesh (Photo: Gary Todd\/Flickr)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.climatechangenews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AIIB finds gas plant in Bangladesh compatible with Paris goals\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.climatechangenews.com\/#website\",\"url\":\"https:\/\/www.climatechangenews.com\/\",\"name\":\"Climate Home News\",\"description\":\"Climate change news, analysis, commentary, video and podcasts focused on developments in global climate politics\",\"publisher\":{\"@id\":\"https:\/\/www.climatechangenews.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.climatechangenews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.climatechangenews.com\/#organization\",\"name\":\"Climate Home News\",\"url\":\"https:\/\/www.climatechangenews.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.climatechangenews.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cdn.climatechangenews.com\/files\/2024\/01\/03155729\/Climate-Home-News-Logo-RGB-Colour.png\",\"contentUrl\":\"https:\/\/cdn.climatechangenews.com\/files\/2024\/01\/03155729\/Climate-Home-News-Logo-RGB-Colour.png\",\"width\":2856,\"height\":862,\"caption\":\"Climate Home News\"},\"image\":{\"@id\":\"https:\/\/www.climatechangenews.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ClimateHomeNews\/\",\"https:\/\/x.com\/ClimateHome\",\"https:\/\/www.linkedin.com\/company\/climate-home-news\",\"https:\/\/www.youtube.com\/user\/climatestudio\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.climatechangenews.com\/#\/schema\/person\/f4447ac0e6856c69dc6bb7905190c5c6\",\"name\":\"Chlo\u00e9 Farand\",\"description\":\"Chlo\u00e9 Farand is Climate Home News\u2019 senior reporter. Her work has appeared in national publications including the Guardian, the Independent, the i paper and the BBC. Before joining Climate Home News, she worked for the investigative environmental outlet DeSmog UK and contributed to Business Green.\",\"sameAs\":[\"http:\/\/www.climatechangenews.com\"],\"url\":\"https:\/\/www.climatechangenews.com\/author\/chloe-farand\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"AIIB finds gas plant in Bangladesh compatible with Paris goals","description":"AIIB's fast-tracking of a 600MW LNG plant could set a precedent for more development finance to fossil gas projects, campaigners warn","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/","og_locale":"en_GB","og_type":"article","og_title":"AIIB finds gas plant in Bangladesh compatible with Paris goals","og_description":"AIIB's fast-tracking of a 600MW LNG plant could set a precedent for more development finance to fossil gas projects, campaigners warn","og_url":"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/","og_site_name":"Climate Home News","article_publisher":"https:\/\/www.facebook.com\/ClimateHomeNews\/","article_published_time":"2022-12-09T11:41:24+00:00","article_modified_time":"2022-12-12T17:40:52+00:00","og_image":[{"width":799,"height":450,"url":"https:\/\/cdn.climatechangenews.com\/files\/2022\/12\/08103358\/Meghna-river-bangladesh.jpg","type":"image\/jpeg"}],"author":"Chlo\u00e9 Farand","twitter_card":"summary_large_image","twitter_creator":"@ClimateHome","twitter_site":"@ClimateHome","twitter_misc":{"Written by":"Chlo\u00e9 Farand","Estimated reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/#article","isPartOf":{"@id":"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/"},"author":{"name":"Chlo\u00e9 Farand","@id":"https:\/\/www.climatechangenews.com\/#\/schema\/person\/f4447ac0e6856c69dc6bb7905190c5c6"},"headline":"AIIB finds gas plant in Bangladesh compatible with Paris goals","datePublished":"2022-12-09T11:41:24+00:00","dateModified":"2022-12-12T17:40:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/"},"wordCount":925,"publisher":{"@id":"https:\/\/www.climatechangenews.com\/#organization"},"image":{"@id":"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/#primaryimage"},"thumbnailUrl":"https:\/\/cdn.climatechangenews.com\/files\/2022\/12\/08103358\/Meghna-river-bangladesh.jpg","keywords":["AIIB","Bangladesh"],"articleSection":["Energy","Fossil Fuels","Paris Agreement","Renewables"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/","url":"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/","name":"AIIB finds gas plant in Bangladesh compatible with Paris goals","isPartOf":{"@id":"https:\/\/www.climatechangenews.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/#primaryimage"},"image":{"@id":"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/#primaryimage"},"thumbnailUrl":"https:\/\/cdn.climatechangenews.com\/files\/2022\/12\/08103358\/Meghna-river-bangladesh.jpg","datePublished":"2022-12-09T11:41:24+00:00","dateModified":"2022-12-12T17:40:52+00:00","description":"AIIB's fast-tracking of a 600MW LNG plant could set a precedent for more development finance to fossil gas projects, campaigners warn","breadcrumb":{"@id":"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/#primaryimage","url":"https:\/\/cdn.climatechangenews.com\/files\/2022\/12\/08103358\/Meghna-river-bangladesh.jpg","contentUrl":"https:\/\/cdn.climatechangenews.com\/files\/2022\/12\/08103358\/Meghna-river-bangladesh.jpg","width":799,"height":450,"caption":"The industrial complex on the Meghna River near Dhaka, Bangladesh (Photo: Gary Todd\/Flickr)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.climatechangenews.com\/2022\/12\/09\/aiib-finds-gas-plant-in-bangladesh-compatible-with-paris-goals\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.climatechangenews.com\/"},{"@type":"ListItem","position":2,"name":"AIIB finds gas plant in Bangladesh compatible with Paris goals"}]},{"@type":"WebSite","@id":"https:\/\/www.climatechangenews.com\/#website","url":"https:\/\/www.climatechangenews.com\/","name":"Climate Home News","description":"Climate change news, analysis, commentary, video and podcasts focused on developments in global climate politics","publisher":{"@id":"https:\/\/www.climatechangenews.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.climatechangenews.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.climatechangenews.com\/#organization","name":"Climate Home News","url":"https:\/\/www.climatechangenews.com\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.climatechangenews.com\/#\/schema\/logo\/image\/","url":"https:\/\/cdn.climatechangenews.com\/files\/2024\/01\/03155729\/Climate-Home-News-Logo-RGB-Colour.png","contentUrl":"https:\/\/cdn.climatechangenews.com\/files\/2024\/01\/03155729\/Climate-Home-News-Logo-RGB-Colour.png","width":2856,"height":862,"caption":"Climate Home News"},"image":{"@id":"https:\/\/www.climatechangenews.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ClimateHomeNews\/","https:\/\/x.com\/ClimateHome","https:\/\/www.linkedin.com\/company\/climate-home-news","https:\/\/www.youtube.com\/user\/climatestudio"]},{"@type":"Person","@id":"https:\/\/www.climatechangenews.com\/#\/schema\/person\/f4447ac0e6856c69dc6bb7905190c5c6","name":"Chlo\u00e9 Farand","description":"Chlo\u00e9 Farand is Climate Home News\u2019 senior reporter. Her work has appeared in national publications including the Guardian, the Independent, the i paper and the BBC. Before joining Climate Home News, she worked for the investigative environmental outlet DeSmog UK and contributed to Business Green.","sameAs":["http:\/\/www.climatechangenews.com"],"url":"https:\/\/www.climatechangenews.com\/author\/chloe-farand\/"}]}},"_links":{"self":[{"href":"https:\/\/www.climatechangenews.com\/wp-json\/wp\/v2\/posts\/47728"}],"collection":[{"href":"https:\/\/www.climatechangenews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.climatechangenews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.climatechangenews.com\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/www.climatechangenews.com\/wp-json\/wp\/v2\/comments?post=47728"}],"version-history":[{"count":2,"href":"https:\/\/www.climatechangenews.com\/wp-json\/wp\/v2\/posts\/47728\/revisions"}],"predecessor-version":[{"id":47743,"href":"https:\/\/www.climatechangenews.com\/wp-json\/wp\/v2\/posts\/47728\/revisions\/47743"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.climatechangenews.com\/wp-json\/wp\/v2\/media\/47734"}],"wp:attachment":[{"href":"https:\/\/www.climatechangenews.com\/wp-json\/wp\/v2\/media?parent=47728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.climatechangenews.com\/wp-json\/wp\/v2\/categories?post=47728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.climatechangenews.com\/wp-json\/wp\/v2\/tags?post=47728"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.climatechangenews.com\/wp-json\/wp\/v2\/coauthors?post=47728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}