Holding Amazon Megaprojects to Account
Friends of the Earth - Brazilian Amazonia
- Program Environment
- Program Area Transforming Development Finance
- Grant Amount $250,000
- Grant Period February 1, 2011–January 31, 2013
- Location São Paulo, Brazil
- Geographic Focus South America
About this grant
For the past decade, South America has experienced a massive development wave, accompanied by considerable investments in regional transport and energy infrastructure that has begun to traverse sensitive Amazonian ecosystems. Friends of the Earth – Brazilian Amazonia is working to ensure there is improvement in the public review and project finance requirements for these projects, as well as requiring a more robust environmental and social impact assessment and the application of environmental and social safeguards policies. The principle focus of this work will be increasing sustainability criteria for the investments of the Brazilian National Development Bank, which is currently the largest public funder of energy and infrastructure projects in South America.