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”
Guest Blog by Debadityo Sinha
The Government of India has undertaken the ambitious project of plying cargo ships from Haldia to Prayagraj on the river Ganga, also known as National Waterways-1 (NW-1).
The justification for promoting waterways on such a massive scale as stated in National Waterways Bill, 2015 when introduced is as follows:
- …inland water transport is recognised as fuel efficient, cost effective and environment friendly mode of transport, especially for bulk goods, hazardous goods and over dimensional cargos. It also reduces time, cost of transportation of goods and cargos, as well as congestion and accidents on highways.
As per the Government of India’s Press Release dated 21 July 2016, the cost of transportation of goods by rail was estimated at about Rs. 1.36 per ton kilometre, by waterways at Rs. 1.06 per ton kilometres and by road at Rs. 2.50 per ton kilometre. At first glance, the waterway appears to be far more economical.
Continue reading “Decoding the Economics of Ganga Waterway (National Waterways-1)”
In an effort to assess the situation of Rivers in 2017, SANDRP is presenting the compilation of key rivers related development in the country. The first part of this Rivers Review 2017 includes Northern States including Jammu and Kashmir, Punjab, Haryana, Himachal Pradesh, Uttarakhand, Uttar Pradesh and Delhi. The following parts will present separate accounts for Rivers in North East, West, East and South Zones. There will also be separate review reports on Ganga & Yamuna rivers.
Continue reading “North India Rivers Review 2017: Pollution Poisoning Lifelines”