Several NGOs wrote a letter directed to the Executive Board of the Interamerican Development Bank and the InterAmerican Investment Corporation (BID Invest) to deter the approval of a $200 million dollar loan for a Termo AP Project this Tuesday.
The loan would support the building of a waste incinerator for the next 20 years in Mexico City, incinerating millions of tons of solid waste to produce energy. This project has been opposed by a wide range of NGOs in Mexico City, and the new elected city government has expressed strong opposition to this project. In this time of transition for the new elected government, which will be formally instated on December 5th, 2018, the letter is asking officials to reconsider the support of this project.
See description of the project here: https://www.iic.org/es/proyectos/project-disclosure/12105-01/proyecto-termo-app-de-la-ciudad-de-méxico-para-la-conversión
The letter is available to read in Spanish here.
