FMO and Finnfund seek to exit Agua Zarca
Dutch development bank FMO and Finnish finance company Finnfund announced on May 9th that they would "seek to exit" financing the Agua Zarca hydroelectric project in Honduras. They took the decision after a court in Honduras decided on May 8th to press charges against four individuals in connection with the murder on March 2nd of Berta Cáceres. Civil society organisations welcomed the decision and called upon the financiers to ensure proper reparations are provided to the people been adversely affected by the project to date. Read more.