Saturday, January 18, 2020

Business / DT 10 / 2016

Norad refused to pay hefty day rates for former US politician Henry Waxman

The Norwegian aid agency has refused to pay exorbitant rates - USD 12,000 for three days of work - for the services of retired US Congressman Henry Waxman as part of an aid-financed climate forest consultancy contract.

IFU grows fast despite small capital injections

Solid profit and a more flexible mandate have allowed Denmark’s aid-funded risk capital fund IFU to expand. This year it aims for the DKK 1 billion mark.

Investigation into Agua Zarca

An investigation of the Agua Zarca hydro project in Honduras, concludes that FMO and the Finnish B-lender Finnfund need to improve their mechanisms for handling indigenous people’s rights and Free Prior and Informed Consent.