Chinese companies and Chinese banks are now the biggest builders and financiers of global dam building. Chinese banks and companies are involved in constructing some 312 dams in 72 different countries, particularly in Africa and Southeast Asia. International Rivers works with its partners to communicate the experiences of the international movement for "people, water, and life" to new dam financiers and dam builders in China.
A survey of the “Environmental Impact Report of Hydropower Development in the Upper Reaches of the Ayeyawady River” has found that the Environmental Impact Assessment (EIA) contains some serious deficiencies and flawed conclusions.
In recent years, the Chinese government has encouraged state-owned enterprises to issue public shares, and as a result, many Chinese dam-building companies have started to issue new shares. During an IPO, there is significant attention on the company’s performance and business risk. International Rivers took a series of actions during the Initial Public Offering (IPO) of Sinohydro, which commenced in March 2009 and concluded in September 2012. International Rivers IPO campaign was not a simple protest, but represented an opportunity to continue our case for environmental policy reform and h
Sinohydro’s policy commitments arise from its “Policy Framework for Sustainable Development,” in which it has adopted the World Bank and International Finance Corporation’s safeguard policies as a minimum standard. Sinohydro has advised that it expects to make its policy commitments public by October 2012 via its website. However, as the date of posting, Sinohydro hasn't published its policy commitments. Commitment Source Legal Compliance Sinohydro adopts the strictest standards where possible. (For example, in the case that Sinohydro’s policy commitments are higher than ho
In 2011 Sinohydro, China's biggest overseas hydropower construction company, adopted a Policy Framework for Sustainable Development. The policy framework is an overarching document that outlines Sinohydro’s vision, commitments and timeline for implementation, and is supported by separate environmental, community relations, sustainable development and safety policies. The most relevant policies for dam-affected communities and civil society groups are the specific policies on the environment and community relations. The sustainable development policy primarily relates to reducing waste, ener
The Nam Ou spans 450 kilometers, flowing south from mountains near the Lao-China border in Northern Laos to meet the waters of the mainstream Mekong River. Along the way, the river traverses through the provinces of Phongsaly, Oudomxay and Luang Prabang, past mountains, forested valleys and stunning limestone karsts. Yet, fundamental changes to the riparian ecosystems and surrounding communities are underway as the development of a seven-dam cascade by China’s Sinohydro Corporation moves forward. To date, thousands of affected people have received little information about the project or pla
1. BackgroundProject Overview The Myitsone Hydroelectric Project is located at the confluence of the Mali and N'Mai rivers and is the largest of seven dams (total capacity 13,360 MW) planned along the Irrawaddy, Mali Hka, and N'Mai Hka rivers in Burma. Scheduled for completion in 2019, Myitsone will become the 15th largest hydropower station in the world, with installed capacity at 6,000 MW. The dam project is expected to costs USD $3.6 billion dollars and is being developed by Myanmar Ministry of Electric Power-1, China Power Investment Corporation, and Asia World Company of Burma. Regio
Over the past five years, the appetite for large hydropower projects by South-east Asian and African countries has increased significantly and created an opportunity for Chinese companies, supported by Chinese government loans to become involved in international dam building. China's state owned Sinohydro Corporation estimated to have as much as a 50 per cent share of the international market.
Chinese corporations, financial institutions, and the government are involved in billions of dollars worth of large dams in Africa. Civil society and dam-affected peoples’ movements are concerned that China’s own poor record on protecting human rights and the environment could mean trouble for African rivers now targeted for Chinese-built large dams.
Protecting rivers and defending the rights of the communities that depend on them.
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