Bonyic Dam

UNESCO World Heritage Committee: Expresses "Serious Concern" Over Dams on the Changuinola and Bonyic Rivers

Thursday, July 21, 2011
In its 2011 annual meeting, the UNESCO World Heritage Committee expressed serious concern over planned and existing dams in Panama and Costa Rica. IUCN and the World Heritage Centre will conduct a monitoring mission this year. Talamanca Range-La Amistad Reserves/La Amistad National Park (Costa Rica/Panama)The World Heritage Committee Decision 35 COM 7B.29 Having examined Document WHC-11/35.COM/7B.Add, Recalling Decision 34 COM 7B.32, adopted at its 34th session (Brasilia, 2010),Regrets that the State Party of Panama did not submit a report on the state of conservation of the property, as reque

Conservation Strategy Fund Comments to CITSC on the Bonyic Hydroelectric Project (Panama)

Friday, September 3, 2010
To Whom It May Concern: This letter contains my comments on the subject of Clean Development Mechanism credits for the Bonyic Hydroelectric project in the Teribe watershed of Panama. This project does not meet the CDM's requirement of financial additionality. A study conducted by Conservation Strategy Fund and partners in 2006 found that the Bonyic project was financially feasible without carbon credits. The study analyzed the Bonyic project along with three planned at the time on the Changuinola River, finding that the collection of projects would generate an after-tax net present val

FERN Comments to CITSC on the Bonyic Hydroelectric Project (Panama)

Tuesday, September 21, 2010
FERN supports the comments submitted by Alianza para la Conservación y el Desarrollo (ACD) and requests that the Bonyic hydroelectric project be rejected as a CDM project for the reasons outlined in detail in the ACD submission. In particular, FERN would like to emphasis the controversial nature of the hydro project itself, which led to the Inter-American Development Bank (IADB) having refused to participate in this hydro power project in 2005 (see letter submitted with ACD submission to the CDM). According to the Project Design Document (PDD p. 17-18), Corporacion Interamericana para el Fin

Comments on the Bonyic Hydroelectric Project (Panama)

Saturday, September 4, 2010
Submitted to the Colombian Institute for Technical Standards and Certification (CITSC)The Bonyic Hydroelectric Project should not be eligible to receive CDM credits because the project is non-additional, has numerous adverse environmental and social impacts, and did not properly inform project-affected people. Construction already began in October 2007, prior to the proposed project validation date, so it cannot be considered additional. If the project really depended on the sale of carbon credits to be viable, then the project would not be able to start until validation of the project by the
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