By Walden Bello*
On the occasion of the 6th month, on 15 June, since Sombath Somphone was forcibly disappeared, a call to send messages and prayers to remember the Lao development worker yielded messages from Asia, the US and Europe. The messages are not only about remembering what happened to Sombath but are also expressions of concern about the progress of investigation into his case, urging the Lao government to ensure Sombath’s safety return soon.
Here are the messages that were sent to Focus on the Global South through email:
Since first being announced a decade ago, the Extractive Industries Transparency Initiative (EITI) has been heralded as a revolutionary solution to corruption and related difficulties that extractive industries bring to developing countries.
This paper discusses the world’s first-ever political risk insurance policy for a forest carbon offset project, provided by the U.S. Government’s development finance agency, the Overseas Private Investment Corporation (OPIC). This project aims to protect 64,318 hectares of forests in Oddar Meanchey Province, in Northwest Cambodia. The paper presents the concept of OPIC's political risk insurance and describes the agency’s past and current developmental and environmental financing practices.