Just days ahead of a summit of the BRICS group of emerging economies (Brazil, Russia, India, China and South Africa) in which the five countries are expected to formally launch their New Development Bank (NDB), 40 NGOs and civil society groups have penned an open letter to their respective governments urging transparency and accountability in the proposed banking process.
Some argue that the sustainable use of biodiversity is the best alternative for local development in the area surrounding the enormous Belo Monte hydroelectric dam, now that the construction project is entering its final phase on the Xingú River in Brazil’s Amazon jungle.
Nicholas Suchecki Guillén is blind. His dream was to visit the Panama Canal expansion works, touch the cement structures, and feel part of this new period of history in his country.
As the leaders of the BRICS five meet in the Russian city of Ufa for their annual summit Jul. 8–10, their agenda is likely to be dominated by economic and security concerns, triggered by the continuing economic crisis in the European Union and the security situation in the Middle East.
“People don’t know what ‘fracking’ is and there is little concern about the issue because it’s not visible yet,” said Gabino Vicente, a delegate of one of the municipalities in southern Mexico where exploration for unconventional gas is forging ahead.
Extensive public health infrastructure and the eradication of malaria will be the most important legacy of the construction of the Belo Monte hydropower dam in Brazil’s Amazon jungle for the population affected by the megaproject.
“Now we realise what a paradise we live in,” said Darcirio Wronski, a leader of the organic cacao producers in the region where the Trans-Amazonian highway cuts across the Xingú river basin in northern Brazil.
According to new data released by the World Bank Tuesday, investments in infrastructure in 139 emerging economies shot up to 107.5 billion dollars in 2014, with just five countries – Brazil, Colombia, India, Peru and Turkey – accounting for 73 percent of the total.
“It hurts us that our land is affected, and the environmental impacts are not even measured. Wind farm projects affect streams and hurt the flora,” said Zapotec Indian Isabel Jiménez, who is taking part in the struggle against the installation of a wind park in southern Mexico.
Thousands of people in Spain have organised to protest the introduction of “fracking” – a controversial technique that involves pumping water, chemicals and sand at high pressure into shale rock to release gas and oil.
A total of 35 agreements and contracts were signed during Chinese Prime Minister Li Keqiang’s visit to Brazil, as part of the growing ties between the two countries. But there is one project that drew all the attention: the Transcontinental Railway.
Megaprojects are high-risk bets. They can shore up the government that brought them to fruition, but they can also ruin its image and undermine its power – and in the case of Brazil the balance is leaning dangerously towards the latter.
Chile expects to have a more efficient and stable electricity market, with a more steady - and above all, less expensive – supply, when the country’s two major power grids are interconnected over a distance of more than 3,000 km.
The Atlantic ocean is Brazil’s last frontier to the east. But the full extent of its biodiversity is still unknown, and scientific research and conservation measures are lagging compared to the pace of exploitation of resources such as oil.
Angolans are generally grateful for China’s participation in the reconstruction of their central African country, in spite of the fact that some of the roads and buildings built by Chinese firms are of poor quality, and mainly Chinese labourers have been hired rather than local workers.