Today, we received some unexpected but positive news: the US congress has instructed the US government to oppose the construction of large dams through international financial institution from now on. The Congress also called for justice for the victims of human rights abuses as a result of the projects of these financial institutions. The US will oppose any loan, grant, strategy or policy of such institutions supporting the construction of large hydroelectric dams, as defined by the World Commission on Dams.
The Minister of Industry and Trade of the Czech Republic is planning to reduce access to information about the Integrated Pollution Register (IPR), which has been functioning very well for the last 6 years. With that register, the Czech Republic—unlike some other countries—has an efficient instrument to control the implementation of international conventions regarding environmental protection, such as the Stockholm Convention on Persistent Organic Pollutants (POPs).
In 2005, a palm oil company approached the villagers of Kiungkang in West-Kalimantan, Indonesia, with offers to convert their farms to oil palm smallholdings. Many farmers agreed to the proposal because of the high monthly incomes promised by the company that they could earn from the oil palms. Unfortunately, the palm oil dream turned out to be an illusion.
Good news from Brazil! The National Water Agency (ANA) has stopped issuing new permits for the construction of hydroelectric dams in the Brazilian Paraguay river basin, which is part of the Pantanal wetlands in South-America. The suspension will last at least until May 2020, after the publication of a comprehensive socio-economic and environmental impact assessment that the ANA started in 2016.
The Transnational Institute (TNI) published a useful pocket guide regarding the euro crisis. They believe a crisis that started in Wall Street was actually made worse by EU policies. The pocket guide describes how the crisis has enriched the 1% to the detriment of the 99% and it outlines some possible solutions that prioritise people and the environment above corporate profits. This Pocket Guide is published as part of TNI's Economic Justice, Corporate Power and Alternatives programme.
Last week, the European Commission presented a proposal to reform the Investor-to-State Dispute Settlement (ISDS), which forms part of the draft text for Trans-Atlantic Trade and Investment Partnership (TTIP) between the EU and the USA. Yet, it is fraught with problems, as those few adjustments do not even address the heart of the ISDS-problem.