Both ENDS
An order, issued by a Brazilian court against the construction of the Belo Monte dam, has been overruled by a higher court. The dam will have disastrous effects on the environment and the population in the area. Moreover, it is questionable whether the supposed benefits will outweigh the high costs and the damage done.
In 2005, a palm oil company approached the villagers of Kiungkang in West-Kalimantan, Indonesia, with offers to convert their farms to oil palm smallholdings. Many farmers agreed to the proposal because of the high monthly incomes promised by the company that they could earn from the oil palms. Unfortunately, the palm oil dream turned out to be an illusion.
In April 2021, the Dutch development bank FMO announced that it is no longer involved in the Barro Blanco project, a controversial dam in Panama. GENISA, the Panamanian company that built the dam, unexpectedly paid off the multi-million dollar loan early. The question is to what extent, now that the bank is no longer actively financing the project, FMO can still be held responsible for the damage and suffering that was caused when this was still the case.
For generations, the people of Bangladesh’ flood-prone deltas have shaped their natural environment to support agricultural production. They used temporary embankments to keep tidal waters out of the floodplains for most of the year and let the rivers flow freely during monsoon season, allowing the sediment to settle on the floodplains as an important part of the delta formation process.
Guest blog by Debora Calheiros, Brazil
