Friday, March 23, 2018

DT 2 / 2016

Finnfund suspends disbursements to Honduran dam, but defends inputs into project

On March 16, Finnfund suspended disbursements to the Agua Zarca dam project in Honduras, 12 days after the project’s main opponent, the indigenous leader Berta Cáceres, was murdered. In an interview with Development Today, the CEO of Finnfund Jaakko Kangasniemi insists that affected communities still want this hydropower project to be built, and he says investors have done everything by the book.

Faltering Nordic support for UNDP, grants cut in half over four years

Several UN agencies are hit hard by cuts in Nordic donor grants this year. But for UNDP, it has been a long, steady downward spiral.   

SEK 200m Sida grant to prevent catastrophic dam collapse on Zambezi River

The iconic Kariba Dam, which straddles the Zambezi River, is in danger of collapsing. Three multilaterals have put up funds to rehabilitate the dam; Sweden is the sole bilateral contributor.

Guyana forest result triggers no new Norwegian money

The long-awaited fifth verification report on Guyana’s forest management performance during 2014 has just been published. It concludes that the rate of deforestation in the South American country has remained low.