Civil Society Response on FMO and Finnfund Decision to Suspend Loans to Agua Zarca Project

Press release

The undersigned organisations welcome the announcement of FMO (Dutch development bank) on March 16 that it will suspend all its activities in Honduras, including further disbursements on the loan for the Agua Zarca project, this following the brutal murder of Nelson Garcia, member of COPINH.

We consider such a suspension a necessary first step for a full investigation on all FMO funded projects in Honduras. However, the situation in Honduras is not a stand-alone case. To prevent further tragedy from happening, in Central America and elsewhere, FMO and the Dutch government must ensure that all FMO investments fully respect the rights of those affected, in particular the rights of indigenous peoples.

We also welcome the public confirmation of Finnfund, the Finnish lender to the Agua Zarca project, that it will follow the steps of FMO and also suspend all disbursements towards the Agua Zarca project.

Our organisations further welcome the announced visit of FMO CEO Nanno Kleiterp and Finnfund CEO Jaakko Kangasniemi to Honduras to further investigate the situation around the Agua Zarca project. As both institutions are mandated by respectively the Dutch and Finnish government we insist that government representatives of both countries accompany the delegation, preferably on ambassador level, and that public reporting on the findings takes place.

We further call upon the Central American Bank for Economic Integration (CABEI), the third financier of the project, to now publicly clarify its role in the Agua Zarca project, and to also immediately suspend all payments to the project.

We wish to reiterate our demand to FMO, Finnfund and CABEI that, following the murder of Berta Cáceres, after years of ongoing violence and intimidation in relation to the Agua Zarca project, they fully and permanently withdraw from the project.

For the full list of endorsements please see

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  • Co-signatories

    JA!Justica Ambiental, Anabela lemos (Director), Mozambique
    WIDE+, WIDE caucus , - international -
    Cadena de Derechos Humanos Honduras, Daniela , Honduras
    global witness, billy kyte (senior campaigner), United Kingdom
    Facing Finance, Thomas Küchenmeister (Managing Director), Germany
    Cordillera Peoples Alliance, Abigail B. Anongos (Secretary General), Philippines
    LatinoSoy 96.1FM, Ivania Olivares (Media Relations), Canada
    GegenStroemung / CounterCurrent, Thilo Papacek (project coordinator), Germany
    Cordillera Peoples Alliance, Bestang Dekdeken , Philippines
    Comisión para la Defensa de los Derechos Humanos, A.C., Roger Maldonado (Member), Mexico
    Mujer y Medio Ambiente, Hilda Salazar (Participante), Mexico
    IPEN/Eco-Accord, Olga Speranskaya (CoChair), Russian Federation
    National Toxics Network, Dr Lloyd-Smith (Senior Advisor), Australia
    RAPAM Pesticide Action Network Mexico, Fernando Bejarano González (Director), Mexico
    Amigos del Rio San Rodrigo, A.C., Waldo Terry (Presidente), Mexico
    Julio César Ramírez , Mexico
    The Oakland Institute, Anuradha Mittal (Executive Director), United States
    Liliana , Mexico
    ControlaTuGobierno.Com,A.C., Maylí Sepúlveda (Coordinadora General), Mexico
    Claudia Campero , Mexico
    Honduras Forum Switzerland, Daniel Langmeier , Switzerland
    transnational institute, Transnational Institute , Netherlands
    Paulo Freire Gesellschaft e. V., Rita Trautmann (Member of Board), Germany
    IMDEC, Silvia Villaseñor , Mexico
    IMDEC , Mexico
    Consejo Tiyat Tlali, Consejo Tiyat Tlali , Mexico
    Fundar, Andres Diaz (Researcher), Mexico
    Freshwater Action Network FANMex, Nathalie Seguin (General coordinator), Mexico
    Fondo Centroamericano de Mujeres -FCAM, Carla Lopez (Executive Director), Nicaragua
    CartoCritica, Manuel Llano (Researcher), Mexico
    Fundar, Centro de Análisis e Investigación, A. C., Francisco (Researcher), Mexico
    Koen Meeuwsen , Netherlands
    Carlos Morales , Netherlands
    Other Worlds, Simone Adler, Natalie Miller and Beverly Bell , United States
    Friends of the Earth Finland, Leena Kontinen (Chairperson), Finland
    PIAP, AC, Procesos Integrales para la Autogestion de los Pueblos (Presidente), Mexico
    MiningWatch Canada, Jen Moore (Latin America Program Coordinator), Canada
    Mangrove Action Ptoject, Alfredo Quarto (Executive Director), United States
    Centro de Documentación en Derechos Humanos “Segundo Montes Mozo S.J.” (CSMM), Lidia García Díaz (Coordinadora de Estudios e Incidencia Política), Ecuador
    Plataforma Interamericana de Derechos Humanos, Democracia y Desarrollo (PIDHDD Regional), Pablo A. de la Vega M. (Coordinador Regional), Ecuador
    BothENDS, Both ENDS , Netherlands
    FNRP, Alba Ochoa (Colectivo Tecnico LIBRE), Honduras
    CISPES, Janae Choquette , United States
    HondurasDelegation Germany-Austria and Ökumenisches Büro für Frieden und Gerechtigkeit e.V., Ökumenisches Büro für Frieden und Gerechtigkeit e.V. , Germany
    XminY hét actiefonds, Doron Joles , Netherlands
    International Rivers, Monti Aguirre (Latin America Program Coordinator), United States
    Oxfam, Ed Pomfret (Head of GROW Campaign), Kenya
    Sustainable Energy & Economy Network, Daphne Wysham (Director), United States
    Indigenous Peoples and Earth Connection Action Group of FoE Finland, Meri Mononen-Matias (Specialist for Latin American Issues), Finland
    Hondurasdelegation , Germany
    Center for Biocultural Diversity, University of Kent, Dario Novellino (Research Fellow), United Kingdom
    Coalition against Land Grabbing, John Mart Salunday (Project Coordinator), Philippines
    Interamerican Association for Environmental Defense, AIDA, Astrid Puentes Riaño (co-executive Director), - international -
    FIDH, Marion Cadier (Programme Officer, Globalisation and Human Rights desk), - international -
    Friends of the earth international, (Economic justice-resisting neoliberalism coordinator), - international -
    urgewald, Knud Vöcking (Director IFI Program), Germany
    independent, Nick Middeldorp (activist and researcher on socio-environmental conflicts), Costa Rica
    Rainforest Action Network, Ginger Cassady (Program Director), United States
    International Rivers, Peter Bosshardt (Interim Executive Director), United States
    BankTrack, Johan Frijns (Director), Netherlands

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