Saturday, January 25, 2020

News / DT 2 / 2016

Finnfund suspends disbursements to Honduran dam, but defends inputs into project

On March 16, Finnfund suspended disbursements to the Agua Zarca dam project in Honduras, 12 days after the project’s main opponent, the indigenous leader Berta Cáceres, was murdered. In an interview with Development Today, the CEO of Finnfund Jaakko Kangasniemi insists that affected communities still want this hydropower project to be built, and he says investors have done everything by the book.

Guyana forest result triggers no new Norwegian money

The long-awaited fifth verification report on Guyana’s forest management performance during 2014 has just been published. It concludes that the rate of deforestation in the South American country has remained low.  

Faltering Nordic support for UNDP, grants cut in half over four years

Several UN agencies are hit hard by cuts in Nordic donor grants this year. But for UNDP, it has been a long, steady downward spiral.   

Copenhagen sharpens priorities after cuts

The reduction of the Danish aid level to 0.7 per cent has resulted in a tightening of priorities and a reduction in the number of partner countries.

Sweden, Norway contribute to UN fund for Columbia

The peacebuilding fund will support national stabilisation, confidence building efforts, and early implementation of the peace agreement.