Bank Of China Urged To Stop Aid To Indonesian Dam

"); jQuery("#212 h3").html("

Related News Programmes

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1445492_1_20190301130907.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1445492-20190301.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1445492-20190301.htm', 'DCS.dcsqry', '' ); } } }); }); });

2019-03-01 HKT 13:38

Share this story

facebook

  • The activists say a dam financed by the Bank of China is threatening  the existence of a newly discovered orangutan species. Photo: RTHK

    The activists say a dam financed by the Bank of China is threatening the existence of a newly discovered orangutan species. Photo: RTHK

Mara McCaffery speaks to RTHK's Phoebe Ng

A group of environmental activists protested outside the Bank of China office in Central on Friday, urging them to withdraw funding for the construction of a dam in Indonesia, which they said would threaten the existence of a newly discovered species of orangutan.

They say the Batang Toru hydropower project would have serious implications for the newly discovered Tapanuli orangutan species, with only around 800 left in the wild. It is listed as "critically endangered" on the International Union for Conservation of Nature's Red List of Threatened Species.

The dozen or so activists were responding to a call from Friends of the Earth Indonesia, and delivered a letter to the bank, detailing their concerns with the project in North Sumatra. Similar letters are being delivered to the bank's other locations around the world.

Mara McCaffery, the founder of Orangutan Aid, said construction of the dam “would destroy all the surrounding forest”.

"The dam divides [the Tapanuli orangutan's] actual habitat," she told RTHK's Phoebe Ng.

"All sorts of infrastructure [needs] to be built, like tunnels and roads, and the impact could actually decimate this species completely, just two years after it has been discovered," she said.

The activists also raised concerns that the dam project would impoverish local communities who depend on the Batang Toru River for their livelihoods, and believe there are major flaws in the project's environmental impact assessment.

RECENT NEWS

Plantos Agentic AI CFO Takes Aim At The SME Lending Gap

Planto, a leading financial technology company specialising in AI-driven banking solutions, officially unveiled its whi... Read more

Hong Kong And Indonesia Explore QR Payment Interoperability

Hong Kong and Indonesia are exploring QR payment interoperability between the two markets. The Hong Kong Monetary Autho... Read more

Who Raises The Alarm, If Synthetic Identity Fraud Has No Victim?

Synthetic identity fraud is one of the fastest-growing fraud types globally, where fraudsters fabricate a person who ne... Read more

SFC Hong Kong Strategic Action Plan Backs Citys Five-Year Plan

Hong Kong’s Securities and Futures Commission (SFC) has unveiled a strategic action plan. It supports the city’s Fi... Read more

Tencent Launches TenPayGo Payment App For Travellers In China

Tencent has launched TenPayGo, a payment app for overseas visitors to mainland China. ITHome (IT之家) reported that i... Read more

Deutsche Bank Deploys Agentic AI To Help Trace Client Wealth For KYC

Deutsche Bank Private Bank has launched an agentic AI tool to support Source of Wealth checks, part of its Know Your Cu... Read more