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”

Sand Mining

North East India Sand Mining 2018: Emerging threat to Rivers

Thoubal River 

Manipur DFO bans mining in Thoubal river Showing serious concerns to the degradation of the Thoubal River as well as its environment, a team of state police and Forest department officials led by District Forest Officer (DFO) RK Amarjit paid surprise visit at Moirang Purel and Itham area under Andro Assembly constituency where sand mining was underway at mass scale. During the inspection visit the govt official saw illegal excavation of soil from nearby hills of the area and dump it at Thoubal River for extraction of red sand.

As the mining of sand not only endangered the forest area of the surroundings but also degrades the condition of the Thoubal River, the DFO put immediate ban on the sand mining as well as excavation at hills of the surroundings. He also ordered ban on transportation of red sand in Thoubal and Kakching district. http://kanglaonline.com/2017/11/dfo-thoubal-swings-into-action-bans-sand-mining-at-thoubal-river/ (21 Nov. 2017) 

Continue reading “North East India Sand Mining 2018: Emerging threat to Rivers”