More About BNDES
Brazil’s national bank has grown dramatically in recent years, with its loans far exceeding that of the World Bank. With this scope of investment and the responsibility attached to spending immense amounts of public funds, BNDES should demonstrate a high level of accountability, safeguards, and transparency. BNDES, however, trails in the industry and its track record falls short. More
From North to South America and around the world, the ascendency of authoritarian leaders portends dangerous days ahead. Yet at the same time, remarkable stories continue to emerge of determined resistance to these brutal regressions, led by the continent's indigenous peoples from the Amazon to Standing Rock.
Belo Monte: After the Flood is a documentary exploring the effects of the Belo Monte hydroelectric dam on the environment and peoples of the Brazilian city of Altamira and the Xingu River basin, a tributary to the Amazon River.
There are currently over 60 major hydroelectric dam projects in the Amazon. The third largest project is the Belo Monte on the Xingu River, Brazil, which has already displaced 20,000 indigenous and riverine people.
The impeachment of former president Dilma Rousseff, coup or not, represents a fundamental realigning of modern Brazil. For some in the country, the crisis is an opportunity. These politicians and businessmen are now exploiting the upheaval to roll-back environmental laws and get their hands on the vast natural resources found in protected regions of the Amazon.
A judge in Brazil's Amazonian state of Para suspended the operating license of the controversial Belo Monte hydroelectric dam on the Xingu River for failing to provide required water and sewage services to local communities.
Last week, in a stunning turn of events, Brazil's environmental agency IBAMA definitively shelved plans to carve the São Luiz do Tapajós mega-dam into the heart of the Amazon. Deeming the project a socio-environmental liability for its devastating impacts upon the lands and way of life of the Munduruku people, IBAMA's bold move could reflect a major shift away from disastrous mega-projects like the Belo Monte dam.
Brazil's environmental regulator rules the dam's backers had failed to supply information to show its social and environmental impactAugust 5, 2016The Guardian
Christian Poirier of Amazon Watch said: "We have been awaiting such a welcome announcement from the Brazilian government for more than a decade, while witnessing the tragic and unnecessary damming of the Madeira and Xingu rivers during this time."
The proposed mega-dam would have displaced communities while opening the sensitive region to logging, activists sayAugust 5, 2016Thomson Reuters Foundation
Indigenous people living in Brazil's rainforest have welcomed a decision by the national environment agency to cancel a proposed mega-dam in the Amazon which they say would have displaced communities while opening the sensitive region to logging.
Brasilia, Brazil – Brazil's Federal Environmental Agency announced the cancellation of licensing for the polemic São Luiz do Tapajós mega-dam, the largest hydroelectric project planned for the Amazon.
Indigenous protesters denounce the link between the sourcing of agricultural commodities and the violation of their rights to the international communityJuly 12, 2016Socio-Environmental Institute
Last week's indigenous mobilization in Brasilia – detailed in the following blog from the Socio-Environmental Institute (ISA) – came as a response to the current, alarming and mounting assault on the rights of Brazil's indigenous peoples. The Brasilia protest articulated an appeal from indigenous leadership to national governments via their Brazilian embassies, demanding that these countries instate a moratorium on importing such commodities until these brazen attacks on indigenous rights, lands, cultures, and security are to cease.