Tuesday, November 21, 2017

DT 2 / 2015

Norway disburses NOK 600m for dam that will flood rainforest in Guyana

 
Norway has transferred more than half a billion crowns to the Inter-American Development Bank (IDB) in Washington for a hydropower project that will flood thousands of hectares of Guyana’s Amazon forest. If the project, Amaila Falls, does not materialise by July 2016, IDB will return the money to Norway.
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Swedish EcoEnergy sugar project delayed again. Sida stands to lose SEK 50 million

 
Sida is again re-negotiating its agreement with the Swedish sugar and ethanol firm EcoEnergy in Tanzania. Torbjörn Pettersson, Head of Africa at Sida, says to Development Today: “We think they have done an extremely optimistic evaluation of their costs from the past. There was quite a big discrepancy ... The alternative is for the owners to put in more money, but they were not prepared to do that.”
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Brende eyes reform options as end of Ban Ki-moon’s term draws closer

 
Norway is preparing a new UN reform initiative targeting candidates for the post of Secretary General which Ban Ki-moon will vacate at the end of 2016.
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