BNDES: Banking on Amazon Destruction

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

Showing articles 1 - 10 of 421 total  |  Page 1 of 43

Indigenous People in Brazil's Amazon – Crushed by the Belo Monte Dam?

Indigenous People in Brazil's Amazon – Crushed by the Belo Monte Dam?

July 16, 2015IPS

Ethnocide, the new accusation leveled against the Belo Monte hydroelectric dam, brings to light deeper underlying aspects of the conflicts and controversies unleashed by megaprojects in Brazil's Amazon rainforest.

Dirty Business: Unraveling Connections Between Brazil’s Dam Industry and Corruption Scandal

Dirty Business: Unraveling Connections Between Brazil’s Dam Industry and Corruption Scandal

July 2, 2015

As the investigations of operation Lava Jato have unfolded revealing massive corruption within the Brazilian dam industry, the fundamental reasons for the federal government's obsession with destructive dam projects such as Belo Monte and São Manoel are becoming increasingly clear.

The Human Impact of the Belo Monte Dam Has Already Begun: Displacement and Despair in Altamira

The Human Impact of the Belo Monte Dam Has Already Begun: Displacement and Despair in Altamira

October 23, 2014Development Progress

Since the construction of the Belo Monte dam began, the city of Altamira has been in a state of "complete chaos in all social and public policy areas, especially health, public safety, and housing," says Antonia Melo, leader of the movement Xingu Alive Forever. "There has been rampant population growth as well as rises in drug abuse and child prostitution, among other forms of violence."

New Power for Bad, Old Habits? Why Brazil Must Change Its Energy Path

New Power for Bad, Old Habits? Why Brazil Must Change Its Energy Path

October 21, 2014Development Progress

There is an urgent need to, as another Brazilian energy expert has said, ‘open up and manage a debate on the country’s energy path’, including the future contribution of hydropower. A more open and transparent decision-making process with robust, independent review would increase the political legitimacy of decisions.

Brazil's Tapajós River Dam Complex: Lessons from the Failures of Belo Monte

Brazil's Tapajós River Dam Complex: Lessons from the Failures of Belo Monte

October 16, 2014Development Progress

Given the growing scrutiny of Brazil's dam-building boom, the Tapajós River is now a key battleground in the global debate on the true costs of our development model and its fate could determine the future of the Amazon region.

Brazil Waffles on Indigenous Rights and Dams in the Amazon

Brazil Waffles on Indigenous Rights and Dams in the Amazon

October 3, 2014

If the Belo Monte disaster set a grim paradigm for human rights and environmental protection in the Amazon, then the manic race to dam the nearby Tapajós River confirms that the Brazilian government will stop at nothing to produce energy at any and all cost.

Brazilians March for Clean Energy Not Mega-Dams

Brazilians March for Clean Energy Not Mega-Dams

October 1, 2014

Last Sunday the world – and likely you, our readers – took notice as powerful actions took place in over 2,000 locations around the world for the People's Climate March. Where I live in Rio de Janeiro, Brazil, 400 people braved pouring rain, marching for hours as we called for clean energy, not mega-dams in the Amazon.

Big Dams Are Not Clean Energy Sources

An open letter signed by 52 NGOs working in Latin America

September 22, 2014

As critical climate negotiations take place this week in New York, Amazon Watch joined a coalition of 52 NGOs working in Latin America to insist that large dams should not be considered a clean energy source, nor an energy solution to climate change.

Belo Monte's Delay Challenges Accountability in the Amazon

Belo Monte's Delay Challenges Accountability in the Amazon

August 24, 2014

"Used to blaming all of the problems and postponements of project developers on [the environmental agency] IBAMA and [indigenous agency] FUNAI, developers tend to hide their own technical incompetence behind alleged delays in environmental licensing."

Large Dams Just Aren't Worth the Cost

Large Dams Just Aren't Worth the Cost

August 22, 2014New York Times

One reason this dynamic has been overlooked is that earlier studies evaluated dams' economic performance by considering whether international lenders like the World Bank recovered their loans – and in most cases, they did. But the economic impact on host countries was often debilitating.

Showing articles 1 - 10 of 421 total  |  Page 1 of 43

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