(November 21, 2002) Power from a controversial hydro-electric scheme for which Uganda is seeking World Bank backing could cost it far more than necessary, according to development campaigners.
World Bank dam in Uganda overpriced by $280 million
(November 20, 2002) A review of project contract reveals that Ugandans will bear the excessive costs of World Bank-Supported Bujagali dam, reports IRN.
Green Watch wins Bujagali PPA case
(November 12, 2002) High Court yesterday declared that the Power Purchase Agreement and the implementation agreements between AES and government are public documents. The agreements were at the centre of a long-running court battle between government and Green Watch, a local environmental organisation.
Sold down the river
(November 9, 2002) A proposed dam scheme in Belize threatens to destroy one of the world’s richest natural habitats. But should the project ever have got off the ground, asks Simon Worrall.
The Nam Theun 2 Dam – WWF Thailand’s position
(November 1, 2002) The planned Nam Theun 2 (NT2) dam on the Nakai Plateau in central Lao People’s Democratic Republic would be 48 metres high and 320 metres long, with a capacity of about 1,000 megawatts.
Final Report of Thai Baan Research
(October 31, 2002) Fisheries are flourishing along the Mun River and peoples livelihoods are starting to recover since the Thai government opened the gates of the Pak Mun Dam in June 2001.
Financial sinkhole
(October 25, 2002) The National Post writes: Export Development Canada has hung like an albatross around the neck of the Canadian taxpayer for far too long. It must stop making new loans, wind down its operations and then shutter itself for good.
Dams threaten Cambodia’s ‘floods of fortune’
(October 22, 2002) Experts are worried the ever-growing number of dams on the Mekong’s upper reaches are decreasing the water flow and cutting off access for fish larvae to their spawning areas. The river level has dropped some 12 percent since the 1960s.
Letter to the Editor
(October 21, 2002) Recent articles ignore EDC’s financial performance, ability to manage risks, fact that EDC is fully accountable to Parliament, EDC’s track record of consistent profitability, and contribution to Canada’s economy, writes EDC CEO Ian Gillespie.
EDC says it can cover its loan risks
(October 19, 2002) EDC has recently faced criticism that the Crown corporation may have too many eggs in too few baskets by weighting its lending so heavily in tech and aerospace.
EDC exposure to Nortel, Bombardier draws fire
(October 19, 2002) No private-sector financial institution would be allowed to carry the exposure to a limited number of industry sectors that Export Development Canada does, financial analysts said yesterday.
EDC lends billions to clients of two firms
(October 18, 2002) Former leader’s warning: Bombardier, Nortel customers dominate.
EDC helps make Bombardier fly
(October 18, 2002) Loans to aircraft maker, Nortel distort their sectors.
EDC doles out cash as corporate backstop
(October 18, 2002) Money-making body.
Giant Congo hydroelectric project is a ‘betrayal’
(September 30, 2002) The heart of darkness could soon be lighting up Africa. There are plans to build the world’s largest hydroelectric project on the Congo river and connect it to a continent-wide electricity grid.
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