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
The ministry said a decision from the federal court in Brasilia lifted the earlier order blocking the beginning of power generation at Belo Monte, which had been planned for the coming weeks.
The burning of trees and animal deaths is only the first stage of a vicious cycle that marks the relationship between Belo Monte and the surrounding forest. Authorized to devastate thousands of hectares, the plant should use the timber for its own purpose or donate it for external use. The entry of large volumes of timber into the local market would help reduce the pressure on the forest. This was the plan, and one of the conditions, for the project's approval. In practice, things turned out very differently.
Terry's incisive ethnographic work with the Kayapo people, and his longstanding advocacy on behalf of their culture, forests, and rivers, earned him unique respect and admiration from Kayapo leadership, who called him 'Wakampu'.
A Brazilian court has suspended the operating licence for the Belo Monte hydroelectric dam, one of the world's largest, just weeks before its owner, Norte Energia, planned to start electricity generation.
World’s fourth largest hydropower plant’s license was suspended weeks before testing turbines because operators failed to compensate local communitiesJanuary 15, 2016The Guardian
"This case sets an important precedent for the defence of indigenous rights in the Amazon at a time when the government is set to repeat the Belo Monte disaster by building dozens of dams on the Tapajós River."
2015 could only be defined as a bad year for Brazil. Economic meltdown, political crisis, social adversity, and environmental destruction defined the last twelve months. Yet rather than striking out in new directions as 2015 drew to a close, the Brazilian government was doubled down on its failing socio-economic model, ushering in a new wave of conflict and calamity in the Amazon.
Four years after civil society organizations filed their original petition, the Commission opens the case, asking the Brazilian government to respond to allegations of human rights violations stemming from the hydroelectric project under construction in the Brazilian Amazon.January 7, 2016
Washington, DC – As the first reservoirs of the Belo Monte Dam are being filled, the Brazilian government is coming under fire from international organizations. On December 21, the Inter-American Commission on Human Rights opened a case against Brazil, which was challenged by affected communities represented by the Interamerican Association for Environmental Defense (AIDA), Justiça Global and the Sociedade Paraense de Defesa de Direitos Humanos (SDDH).
Projects' true costs are being inadequately assessed, say scientistsJanuary 7, 2016Earth Island Journal
Brazil's massive Belo Monte dam, which is due to be completed this year, "may set a record for biodiversity loss" owing to its siting at a location with an exceptional number of endemic species.
While government officials inside COP21 conference rooms just outside Paris were reviewing the cost-benefit analyses of cutting down on emissions or debating the numerical semantics of the warming of the earth, the human side of climate change and environmental destruction took center stage just a few kilometers south at the Maison des Metallos on the weekend of December 5-6th.
The final agreement from the Paris climate talks has been the subject of much controversy regarding the language in the document pertaining to indigenous rights. Any semblance of a legally binding measure pertaining to these rights was omitted from the final agreement that was signed by the governments of 190 countries. The agreement concluded a two-week long process that brought together some of the world's largest corporations, and environmental and human rights organizations, to agree on international energy standards, goals and applications.