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

2025 Hong Kong Fintech Report: What You Need To Know

Hong Kong is hitting the gas when it comes to fintech innovation, regulation and adoption. From the passage of the Stab... Read more

DigiFT Secures SFC Licenses To Offer Tokenised Asset Services In Hong Kong

DigiFT, a Singapore-based digital asset platform focused on institutional-grade tokenised real-world assets (RWAs), has... Read more

JCB Contactless Cards Now Accepted On Shanghai And Beijing Subways

Japan’s JCB has announced that JCB cardholders can now use their contactless cards to access the subway systems in Sh... Read more

Hong Kong Sets Out Next Phase Of Digital Asset Policy

Hong Kong’s Financial Services and the Treasury Bureau (FSTB) has issued an updated policy statement setting out the ... Read more

Hong Kong Overtakes Singapore In Wealthtech Adoption

Across Asia-Pacific (APAC)’s key wealth management hubs, Hong Kong is emerging as the frontrunner in wealthtech, over... Read more

Chinas AI Capex To Hit 700 Billion Yuan In 2025 Amid US Tech Rivalry

Capital expenditure on AI in China is expected to reach between 600 billion yuan and 700 billion yuan (US$84 billion to... Read more