In Part I of this blog (The Allure of Cash Compensation in Resettlement Processes), last week I told the story of Fernando, a man forced to leave his home as a result of a new hydropower project, who received a large sum of cash as compensation but ultimately ended up in financial ruin. Accordingly, I would like to return to the question: if resettlement cannot be avoided, is … [Read more...] about Part II: Safeguard Considerations in the Use of Cash Compensation in Resettlement Processes
Environmental and Social Safeguards
Part I: The Allure of Cash Compensation in Resettlement Processes
Fernando was excited about a large amount of money he had just received. The money came from a public energy agency as compensation for the loss of his house and the source of his livelihood. He used to live and work by a nearby river, panning for gold on the riverbanks, until he was informed that he needed to vacate the area. A new hydropower plant was going to be built … [Read more...] about Part I: The Allure of Cash Compensation in Resettlement Processes
A tool for achieving sustainable water use
Water is a shared resource; the quality and quantity of water available to each stakeholder depends on how others use it. Water is essential for life and much more - rivers, lakes, floodplains and coastal areas provide flood protection, energy, navigation routes, recreational sites, building materials and food. A shared and essential resource should be used carefully, but … [Read more...] about A tool for achieving sustainable water use
See what three top experts told us about climate change
See what three top experts told us about climate change Earlier this year, the IDB sponsored a series of in-house presentations from leading experts in the field of climate change. The goal was twofold: to educate ourselves & the public on this important issue and provide an internal forum for collaboration within the Bank. Like any other large organization, the IDB … [Read more...] about See what three top experts told us about climate change
“Help Me, Help You” – What is an Environmental Management System and how it might help you
You have probably heard of the phrase “Help Me, Help You,” made famous by Tom Cruise in the movie Jerry Maguire. He utters it in a desperate attempt to persuade his last remaining client, Arizona Cardinals linebacker Rod Tidwell, to start engaging in independent activities—those outside the control of his managing agent. This would help Maguire’s company to not only survive, … [Read more...] about “Help Me, Help You” – What is an Environmental Management System and how it might help you