The media megaphone: does it help curb bad infrastructure projects?

We live today in the most explosive era of infrastructure development in human history. By mid-century the unprecedented rate of highway, dam, mine and power plant construction; along with city growth, will girdle the globe in concrete. Arguably, that burst of activity will improve the lives of millions. But it is also coming at a terrible cost to the natural world, as we lose the rainforests, estuaries, wetlands, wildlife and indigenous people of our planet.

ASEAN insurance role in infrastructure financing

Insurance, known for its long-term nature, plays an essential role in supporting and sustaining economic growth in the ASEAN region. Beyond the traditional protection products, the insurance industry provides capital with a long-term investment horizon and generates opportunities for public-private partnerships in infrastructure projects that are instrumental to economic growth.

Regional NGOs meet in Myanmar to improve community involvement in infrastructure decisions

This week, 50 representatives from non-governmental organizations (NGOs) across the Mekong region met in Myanmar to share successes and challenges in effectively involving local communities in environmental impact assessment (EIA) processes.

At the “Community Engagement in Environmental Impact Assessment: A Regional Exchange and Learning Forum” in Yangon, participants explored approaches to helping communities constructively engage with businesses and government to ensure sustainable and equitable development in the context of increasing infrastructure investment in the region, according to a press release September 23.

Hurdles for environmental impact assessments

What is the biggest challenge in carrying out an environmental impact assessment (EIA) for a project in Việt Nam?
As we all know, an EIA is a scientific process that comes up with some projection of the environmental impacts that a project may cause to its surroundings. But currently, an EIA is expected to come up with assessments on areas that do not belong to its ‘original task’ like social impact assessments (SIA), health impact assessments (HIA) and risk assessments (RA).

Though the work demanded for a good EIA report is large, the capital resources allocated for EIAs in Việt Nam is very limited – between just 1-10 per cent of the average resources it receives in other countries. That’s the key reason why an EIA report in Việt Nam is not as comprehensive and independent as it should be.