DRP News Bulletin

DRP News Bulletin 25 February 2019: Listen, Climate Bonds Initiative: Big Hydro is NOT climate solution

As about 500 global financiers meet in London on March 5-7, 2019, one of the items on agenda pushed by Big Hydro lobby is criteria to include Big Hydro as climate solution. As following Comment in Nature shows, this is completely based on lobbying efforts and not based on merit of the case. If the merits of large hydro were to looked at objectively, there is absolutely no case of inclusion of Large Hydro as climate solution. In fact, the article does not attempt to list the severe, widespread and long lasting adverse social and environmental impacts of large hydro. Today when there is BIG question mark over even economic viability of large hydro, such attempts are clearly uncalled for. Hope the global financiers will see through this lobbying effort. 

The World Hydropower Congress will meet in Paris during May 14-16, 2019. Their program says:

Following over two years of discussions with industry, academia, governments and international NGOs, the Climate Bonds Initiative, an investor-focused not-for-profit is due to launch a consultation later this year on proposed green bond criteria for hydropower. This criteria is seen as key to fully unlocking the market to the hydropower sector, as to date it has been held back a lack of clarity over appropriate standards. https://congress.hydropower.org/2019-paris/programme/green-bonds-for-hydropower/

This shows that the Congress, essentially a Hydropower Lobby meeting, is also interconnected with the Climate Bond Initiative on Hydropower. 

Continue reading “DRP News Bulletin 25 February 2019: Listen, Climate Bonds Initiative: Big Hydro is NOT climate solution”

DRP News Bulletin

DRP News Bulletin 04 February 2019: Bangladesh stops playing blindman’s buff over protection of Rivers. Will India learn? 

In a historic judgement, the High Court (HC) of Bangladesh has said that river encroachers cannot run in any elections or get bank loans. The HC also ordered the government to make a list of every grabber in the country and publish the list in the media to expose them to the public. The grabbers include powerful individuals, businesses and, ironically, government offices. The Gazipur City Corporation is among the grabbers, a judicial inquiry has found.

After the verdict, the government now will have to amend the National River Protection Commission (NRPC) Act 2013 with provisions for punishment and fine for river grabbing. The current NRPC Act does not have provisions for punishment. The government must report to the court in six months on its action in this regard. The HC also declared the NRPC as the legal guardian of all rivers and act like their “parents”.

The landmark verdict comes when river grabbing by influential groups seems unstoppable. Often, grabbers return to steal river land soon after being evicted. The HC delivered the judgment in response to a petition by Human Rights and Peace for Bangladesh. The writ petition was filed on Nov. 7, 2016.

Continue reading “DRP News Bulletin 04 February 2019: Bangladesh stops playing blindman’s buff over protection of Rivers. Will India learn? “