Category Archives: Economic Justice

Peru moves to end Amazon protests

BBC

Peru has declared a state of emergency in jungle areas where indigenous groups are blocking oil and gas installations in protest at a new land sale law. The measure allows the authorities to send in troops and bans public gatherings for 30 days. Some 65 Amazon tribes say the law will make it easier for big energy companies to buy up their land, parts of which are known to be rich in oil and gas. The indigenous people have been demonstrating for more than a week at hydro-electric dams and oil and gas installations in three different parts of Peru’s Amazon basin.They are angry at a law which they say makes it easier for investors to buy their land because it lowers the bar for consent from two-thirds of a community assembly to a simple majority.

The legislation is one of a number of laws being passed as part of Peru’s free trade agreement with the US. More

Global Poverty: More Big Business Is Not the Solution

Common Dreams
“Instead of holding these companies to account for their actions,” says John Hilary, executive director of War on Want, a UK-based anti-poverty group. “Gordon Brown has allowed them to portray themselves as allies in the fight against poverty. The prime minister should be working to address the poverty and human rights problems caused by business, not giving the companies a free ride.” More

World Bank Carbon Plan ‘A Protection Racket’

Source – One World UK
Carbon credits are a key component of national and international emissions trading schemes that have been implemented to mitigate global warming. They provide a way to reduce greenhouse effect emissions on an industrial scale by capping total annual emissions and letting the market assign a monetary value to any shortfall through trading. Credits can be exchanged between businesses or bought and sold in international markets at the prevailing market price. Credits can be used to finance carbon reduction schemes between trading partners and around the world. More

Amazon region to host the World Social Forum 2009

The social movements and non-governmental organizations from the Amazon region requested request that the Amazon region host the 2009 World Social Forum in Belem. This is in an area of different political, cultural and environmental aspects. Climate Change is a world wide issue and the Amazon region is the planet’s last forest frontier. In addition, it has the planet’s most valuable freshwater resources, biodiversity and great social diversity, which is represented by its traditional populations and indigenous peoples. More