More About BNDES

Banking Amazon Destruction: BNDES

Brazil’s national bank, or Banco Nacional de Desenvolvimento Econômico e Social (BNDES), 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 »

"Rivers Teach Us to Ignore Borders and Continue the Struggle"

"Rivers Teach Us to Ignore Borders and Continue the Struggle"

Declaration of the Xingu Alive Forever Movement

April 16, 2014 | Xingu Vivo | Blog Post

Belo Monte has not killed the resistance. Its cement has not blinded all people’s eyes, nor has its money bought all consciences. Its repression has not deadened courage or silenced mouths; its lies have not deafened all ears.More »

What Could David Beckham’s BBC Film Say About the Brazilian Amazon?

Documentary starring ex-footballer is an excellent opportunity to portray the reality of life in the rainforest

April 11, 2014 | The Guardian

Beckham's expedition was, or is, "top-secret." However, photos of him meeting a Yanomami leader, Davi Yanomami make it clear he paid a visit to their territory in northern Brazil and suggest some Yanomami will feature in the film.More »

In The Amazon, Indigenous People Fight to Preserve Way of Life Amid Intrusive Construction

In The Amazon, Indigenous People Fight to Preserve Way of Life Amid Intrusive Construction

April 7, 2014 | Agência Pública

"Each day more police arrive in our villages, more armed forces. They think they will intimidate us but they never will. We are fighting for our people, our children, our nature. We have to save all this."More »

River Activists Visit Amazon Villages

April 4, 2014 | Two Rivers Tribune

The Brazil trip was a political statement of unity that would link the South American villagers with there own efforts to remove four dams from the Klamath River.More »

Belo Monte Under Renewed Legal Attack

Belo Monte Under Renewed Legal Attack

Brazilian high court demands new environmental study, threatening to paralyze mega-dam

April 1, 2014 | Xingu Vivo | Blog Post

Judge José Batista heavily criticized Belo Monte, affirming, "The only concern [in this project] was economic, with a small amount of environmental [concern] and no social concern, especially in regards to indigenous peoples."More »

Brazilian Judicial Abuses Questioned on Anniversary of Military Coup

Human rights commission hears case questioning state use of dictatorship-era legal device

March 31, 2014 | Press Release

Washington, DC – Marking the 50th anniversary of Brazil's military coup, Brazilian community representatives and their legal advocates questioned President Dilma Rousseff's administration last week at the Inter-American Commission on Human Rights over its flagrant use of a legal mechanism that dates to the country's dictatorship.More »

Are Brazil's Dams to Blame for Record Floods in Bolivia?

Are Brazil's Dams to Blame for Record Floods in Bolivia?

March 31, 2014 | NACLA

In recent months, Bolivia's Amazonian region has experienced the most disastrous flooding of the past 100 years. In the past weeks, attention has focused on the role played by two recently-inaugurated Brazilian mega-dams – the Jirau and the San Antonio – in Bolivia's floods.More »

Ending the Flood of Megadams

March 18, 2014 | Wall Street Journal

Actual construction costs of large dams are globally on average 96% higher than their budgets, and the magnitude of cost overruns hasn't declined. There is also the negative impact on human society and the environment such as flooding, as well as erosion, landslides and loss of fish populations. Then there are cost overruns and debt servicing.More »

Brazilian Indigenous Leader Slams Amazon Mega-Dams in Paris Protest

Brazilian Indigenous Leader Slams Amazon Mega-Dams in Paris Protest

March 14, 2014 | Survival International

Indian leader Megaron Kayapó said, "Which rivers will we have for fishing? The Xingu is our river, our supermarket… We live by hunting, fishing, and planting… We have always been against it (Belo Monte), and we will always be against it".More »

Megadams Are Dismal Investments

March 13, 2014 | Bloomberg

Brazilian President Dilma Rousseff has publicly defended Belo Monte against attacks from environmentalists and indigenous groups, calling it a "social investment" that will improve the lives of those in the Amazon. Yet a study published this month suggests that the government-run companies footing most of the bill for Belo Monte may never recoup their investment.More »

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