After Murders, Investment Banks Suspend Funds for Agua Zarca Dam

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Produced by: 
KBOO
Program:: 
Air date: 
Thu, 03/17/2016 - 12:00am
After Murders, Investment Banks Suspend Funds for Agua Zarca Dam
A second indigenous-rights activist who opposed a major dam project has been murdered in Honduras. Nelson Garcia was shot point blank by unidentified gunmen at his home on Tuesday, two weeks after the similar murder of Berta Caceres. They were both involved in advocating for the rights of Lenca people, many of whom were being kicked off their land to make room for the Agua Zarca Dam project.
Now, two large European development banks, the Dutch FMO and Finnish Finnfund, announced yesterday that they are suspending their involvement in the dam project. This comes despite FMO’s involvement in other controversial Latin American dam projects that have led to the murder of protesters, often indigenous people fighting displacement.
For more, KBOO’s Sam Bouman spoke with Peter Bosshard, the interim executive director of the group International Rivers, part of a global coalition of NGOs that has called on the Dutch and Finnish governments to put pressure on the banks.

Episode Playlist

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