Inga 3 Project: Hydroelectricity at a cost
The Congo River’s, Inga Falls, in the Democratic Republic of the Congo (DPC) possesses the potential to be one of the most modern and powerful hydroelectric power sources in the world. According to Yukhananov (2014) “The World Bank, a poverty-fighting institution based in Washington, estimates that Congo has 100 gigawatts of hydropower potential, the world's third largest behind China and Russia” (para. 5). This dam could provide power to all of Africa, but is the World Bank ready for such a massive project?
I believe the initial intentions seem to be for the people, but once the financing started with the World Bank, thing seemed start falling apart. The World Bank has promised a lot of financial
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The people should come first and their concerns and thoughts on a project should account for the planning, especially when the project involves developing a region.
In order for an international financial institution like the World Bank to really do what is right for a region, the whole infrastructure would have to be re organized. For example, since the United States contributes the most money, they have the most say and the most amount of representatives. Each region that invests into the World Bank only has as much say as their pockets will allow. This is completely unfair in my opinion and really enforces the capitalistic views that many nations are run by. So, because a region has a disadvantage and are in need of help, the hierarchy will come in and help you, but at what cost? The cost of doing things their way, by their terms.
In conclusion, I hope that someday there is an international financial institution that is build off of a true democracy and that not only all people have an equal say, but that all regions, no matter what their financial situation, have an equal say as