Financial Times FT.com

Reputation on line over bid to update criteria

By John Aglionby

Published: November 17 2008 00:42 | Last updated: November 17 2008 00:42

The Asian Development Bank faces one of the biggest tests of its reputation this week when it holds consultations with civil society groups from around the world on a draft plan for updating its social and environmental lending criteria.

Activists and analysts say the strategy that emerges will determine the ADB’s commitment to defending the region’s poorest people, who are often the least protected in society.

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