Belo Monte: people vs. banks

To BNDES President Luciano Coutinho:

We urge you not to finance the Belo Monte Dam Complex. BNDES has already agreed not to fund projects that would cause irreversible social and environmental damage -- which Belo Monte would clearly do. Do not betray Brazilians by using taxpayer money to plunder the Amazon, our national treasure.  

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Posted: 12 December 2011
The finance package for Brazil’s most destructive dam may be decided in days. Let’s raise our voices with the Xingu people to stop our government using public money to sign the Amazon’s death sentence.

Brazil’s national bank for social and economic development -- BNDES -- plans to give R$24.7 billion of our money to private banks to lend to contractors to build the dam. The bank has agreed not to fund projects that cause irreversible social and environmental damage, which this dam would clearly do. It is being investigated for breaching Brazilian law over Belo Monte, but massive lobbies are pushing to get their hands on the billions now. A loud public outcry is the only thing that can block this shady deal.

Together we can stop the BNDES backing massive companies to plunder the Amazon, our national treasure. Sign the petition on the right and then tell everyone you know. When we reach 100,000 signatures, we’ll deliver it with a media-grabbing action to BNDES President Luciano Coutinho.

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