(April 2, 1997) Probe International’s Executive Director, Patricia Adams, looks at some of the disastrous projects backed by the Canadian Crown corporation, the Export Development Corporation.
(April 1, 1997) The World Bank is preparing to back a hydroelectric dam project in the Mekong region of southeast Asia that will decimate the fisheries, forests, economies, and water supplies of thousands of local people, and threaten endangered wildlife.
Canadian mining companies are wreaking havoc on the Third World’s environment – and the Canadian government is quietly helping them to do it.
World Bank considering guarantee for controversial dam in Laos
(March 14, 1997) Should the people who were victims of the oppressive machinery of apartheid now be forced to repay those financiers who were immoral enough to finance the machinery?
(March 6, 1997) The Electricity Generating Authority of Thailand has decided not to purchase power from the yet-to-be-built Nam Theun 2 dam in Laos until at least 2004, according to a report in the Bangkok daily, The Nation. The World Bank is still involved in the project, despite EGAT’s withdrawal, insisting it will not make a decision to finance the dam until the Lao government and the project’s private developers have completed environmental impact and resettlement studies. World Bank official Nina Shapiro, contacted last week, was unaware that the Nam Theun 2 power deal was in jeopardy.
(February 24, 1997) While debate on the controversial Nam Theun 2 hydro-electricity project rages on, residents of Nakai Plateau, the dam’s site which will be submerged as a result, are anxiously waiting to be resettled, hoping for a new and better life.
(February 18, 1997) The Asian Development Bank (ADB) will provide Laos of US $90 million in each of the next three years, an ADB representative said in an interview in Vientiane last week. "We sent Mr. Rajendran and some other programmers to Laos to programme assistance for Laos for the next three years, and we can now say that we will grant about US $90 million to Laos each year for the years 1998, 1999 and 2000W said Mr.Rajat Nag, programme manager of the ADB’s Programmes Department.
(1997) In most cases of reservoir-induced seismicity, seismicity follows the impoundment, large lake-level changes, or filling at a later time above the highest water level achieved until then. We classify this as initial seismicity. This ‘‘initial seismicity’’ is ascribable to the coupled poroelastic response of the reservoir to initial filling or water level changes.
(January 29, 1997) Letter of January 6, 1997 in reply to concerns about Canada’s involvement in the hydroelectric development projects in the Mekong River Basin.
(December 13, 1996) The Lao PDR government has pinned its national economic future on hydroelectricity export earnings and has joined with international consortia, made up of private companies and state-owned utilities, to develop large-scale hydropower projects along every major river in the country.
Despite China’s optimism in offering a $120 million bond issue for the Three Gorges Project this month, international investors are still hesitant to back the highly controversial dam.
(November 1, 1996) Mekong governments have pinned their national economic futures on multimillion dollar exports of hydroelectricity to serve Thailand’s surging demand for electricity.
(October 22, 1996) For more than a decade, citizens’ groups from around the world have been trying to stop the World Bank from wreaking environmental havoc, financial ruin, and social harm throughout the Third World.
(October 22, 1996) For more than decade, citizens’ groups around world have been trying stop World Bank from wreaking environmental havoc, financial ruin, social harm throughout Third World. Bank’s charismatic president, James Wolfensohn, has pledged change “culture” Bank increase “openness, partnership, accountability, effectiveness Bank.”