Both ENDS
The Rio de la Plata Basin in South America extends across Argentina, Bolivia, Brazil, Paraguay and Uruguay. The livelihoods of the millions of people who live there – city-dwellers, small farmers and fishers, and indigenous peoples – are under pressure from soya cultivation, mining and logging, and by the construction of dams and ports. The COVID-19 crisis is making the situation even worse.
A number of Honduran organisations sent a letter to the FMO management to call on FMO not to do business with Honduran bank FICOHSA. The bank has close ties with the elite in Honduras, which holds considerable power in politics, the (para)military and the business community.
