Author Archives: lkza

World bank teams up with Nestlé to privatize the world’s water country by country.

RELEASE: World Bank partners with Nestlé to “transform water sector”

New venture aims to privatize water country by country

For Immediate Release:
October 25, 2011

Contact:
John Skinner, 617-695-2525

[WASHINGTON, DC]: Today, the World Bank launched a new partnership with global corporations including Nestlé, Coca-Cola and Veolia. Housed at the World Bank’s International Finance Corporation (IFC), the new venture aspires to “transform the water sector” by inserting the corporate sector into what has historically been a public service. The new partnership is part of a broader trend of industry collusion to influence global water policy.
The venture — called the 2030 Water Resources Group Phase 2 Entity —  aligns global corporations that have major financial stakes in water governance with the World Bank, one of the world’s leading development institutions. Nestlé Chairman Peter Brabeck-Letmathe has been appointed to chair the Water Resources Group, which has already received $1.5 million in IFC funding. Nestlé is the world’s largest water bottling corporation.
Advocates for people’s access to water point to this as the latest example of water corporations’ efforts to interfere in legitimate, democratic water governance. The Water Resources Group presents a conflict of interest to the World Bank’s goal of poverty alleviation. It also advances an approach to water governance that is in incompatible with the U.N. recognized human right to water.
“This is an unmistakably activist campaign by the private water industry to gain funding and credibility for a radical power grab, with the help of the World Bank,” said Corporate Accountability International’s Senior Organizer Shayda Edwards Naficy. “According to the World Bank, 34% of private water contracts are in distress or terminated before maturity. Last April, the IFC’s Compliance Advisor Ombudsman reported that an astounding 40 percent of complaints received from all regions and sectors were water-related. This is evidence that water privatization has been fraught with a range of problems, including broken promises for expanded service, wasted public funds and threats to human rights, especially for the lowest income families. For the Bank to sanction this approach despite a track record of failure points to compromised decision-making at the Bank due to pervasive partnerships with and financial stakes in corporations.”
Currently, 90 percent of the world’s water-users access water through public delivery. Turning these systems over to private corporations would result in rate hikes, cutoffs  and significant layoffs of water sector employees. Focusing on the private sector also distracts from the need to support governments in protecting human rights.
The Water Resources Group aims to “develop new normative approaches to water management,” paving the way for an expanded private sector role into best and common practices, worldwide. In order to be eligible for support from this new fund, all projects must “provide for at least one partner from the private sector,” not simply as a charitable funder, but “as part of its operations.” The group’s strategy is to insert the private sector into water management one country at a time, through a combination of industry-funded research and direct partnerships with government agencies. Currently, the Water Resources Group is formally working with the governments of Jordan, Mexico, and the Indian state of Karnataka, and discussions are ongoing with the governments of South Africa, China and several other countries slated for participation in the next phase.
“Corporate Accountability International has consistently demonstrated the World Bank’s inherent conflicts of interest, acting as an investor, a government advisor, an arbitrator and a public relations vehicle in support of profiteering in the water sector,” said Naficy. “Global water corporations must not be allowed to tap into public ‘development funds’ to promote their private agenda because case after case shows that profitability and fulfillment of human rights in the water sector are at odds.”
Corporate Accountability International (formerly Infact) is a membership organization that has, for the last 34 years, successfully advanced campaigns protecting health, the environment and human rights. Through its Campaign Challenging Corporate Control of Water, Corporate Accountability International is playing a leadership role in the global movement to secure the human right to water, and people’s access to water; prevent corporate control of water; preserve and protect water resources and systems for the public good; and preserve water resources as an ecological trust.
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Results suggest that complex organic compounds are not the sole domain of life but can be made naturally by stars.

The University of Hong Kong

Astronomers discover complex organic matter in the universe

In today’s issue of the journal Nature, astronomers report that organic compounds of unexpected complexity exist throughout the Universe. The results suggest that complex organic compounds are not the sole domain of life but can be made naturally by stars.

Prof. Sun Kwok and Dr. Yong Zhang of the University of Hong Kong show that an organic substance commonly found throughout the Universe contains a mixture of aromatic (ring-like) and aliphatic (chain-like) components. The compounds are so complex that their chemical structures resemble those of coal and petroleum. Since coal and oil are remnants of ancient life, this type of organic matter was thought to arise only from living organisms. The team’s discovery suggests that complex organic compounds can be synthesized in space even when no life forms are present.

The researchers investigated an unsolved phenomenon: a set of infrared emissions detected in stars, interstellar space, and galaxies. These spectral signatures are known as “Unidentified Infrared Emission features”. For over two decades, the most commonly accepted theory on the origin of these signatures has been that they come from simple organic molecules made of carbon and hydrogen atoms, called polycyclic aromatic hydrocarbon (PAH) molecules. From observations taken by the Infrared Space Observatory and the Spitzer Space Telescope, Kwok and Zhang showed that the astronomical spectra have features that cannot be explained by PAH molecules. Instead, the team proposes that the substances generating these infrared emissions have chemical structures that are much more complex. By analyzing spectra of star dust formed in exploding stars called novae, they show that stars are making these complex organic compounds on extremely short time scales of weeks.

Not only are stars producing this complex organic matter, they are also ejecting it into the general interstellar space, the region between stars. The work supports an earlier idea proposed by Kwok that old stars are molecular factories capable of manufacturing organic compounds. “Our work has shown that stars have no problem making complex organic compounds under near-vacuum conditions,” says Kwok. “Theoretically, this is impossible, but observationally we can see it happening.”

Most interestingly, this organic star dust is similar in structure to complex organic compounds found in meteorites. Since meteorites are remnants of the early Solar System, the findings raise the possibility that stars enriched the early Solar System with organic compounds. The early Earth was subjected to severe bombardments by comets and asteroids, which potentially could have carried organic star dust. Whether these delivered organic compounds played any role in the development of life on Earth remains an open question.

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