The Belo Monte dam project is widely criticized for its possibly devastating effects on the environment, for endangering the livelihood of 40.000 people displacment of these people. Up to this point, it was widely believed that the project was mainly pushed forward by the Brazilian government. A report now revealed that foreign, including european companies and financial institutions indirectly own 10 percent of the project. For example, Blackrock, Vanguard, Norges Bank and Allianz are profit from the project.Read the full report here.
Cargill is one of the world’s largest agricultural commodity trader and food processor and United States’ largest privately-owned company, with revenues exceeding $114 billion in 2018. The company dominates the global industrial agricultural system, a system which seeks to convert … Continue reading →
On 8 July 2019, Parliamentarians from the 57 participating States of the Organisation for Security and Cooperation in Europe (OSCE) have adopted the Declaration on Advancing Sustainable Development to Promote Security (Luxembourg Declaration) negotiated during their annual Parliamentary Assembly in Luxembourg. … Continue reading →