According to Dominican Today, the IDB approved a US$750,000 donation to support the development of the biofuels industry in the Dominican Republic, Haiti and El Salvador. Feasibility studies will be carried out by Brazil’s Getulio Vargas Foundation (FGV) within the framework laid out by the US-Brazil Initiative for Biofuels in Central America and the Caribbean.
I was reading an article on Carribean 360 concerning the International Development Bank's $760 million plan to renovate the Peligre Dam, in order to increase its capacity to provide electricity to the portion of Haiti south of the dam. Hydropower can be an asset to countries, but not at any cost. The Peligre Dam is a cautionary tale about the horrible things sometimes done by governmental and international organizations in the name of development. Development for whom? At what cost?
What is happening in Haiti? Why is our economy getting worse every day? Why can’t we resolve basic issues and end poverty? I am still amazed to hear from family members that there are frequent periods without electricity that last more than a week! Can’t our government realize that is a terrible loss for a developing country? What has been done to resolve the problem of electricity?