Visit the Environmental Justice Atlas database (https://ejatlas.org/) and select one case which you are interested in. It could be from any country or any year. Second, You are to research this case from an economic standpoint providing a literature review on the issue (big picture) and a background of this case. Third, by focusing on this case, analysis the
What case you are studying and why it is interesting or important
Introduction of related research on this environmental issue and the background of the specific case you are interested in
potential costs and benefits analysis of the project which caused environmental problem and provide solutions.
I am studying the case of the Barro Blanco dam in Panama, which has been controversial since its construction began in 2007. This project is interesting to me because it highlights many of the difficulties inherent in balancing economic development and environmental preservation. The case is also significant as it involves multiple stakeholders, including indigenous people whose rights are often overlooked or ignored when balancing these competing interests.
Research on this issue has explored how sustainable development can be achieved by mitigating potential negative impacts caused by development projects (Jorge et al., 2019). Additionally, studies have looked at policies that could help support economically viable solutions while still protecting vulnerable communities from displacement due to such initiatives (Fry et al., 2017). One example relevant to this case is a negotiated agreement between FMO, one of the funders for the Barro Blanco Dam project, and indigenous organizations which provided compensation for any losses incurred as a result of having their land flooded with water from the reservoir (Mina et al., 2018).
The costs and benefits associated with this project must be carefully analyzed before any decisions are made regarding its future. On one hand, completion of this project could provide electricity to thousands of homes across Panama while also creating jobs in rural areas; however there are also potential long-term consequences if an adequate level ecological protection isn’t maintained within surrounding area (Booij & Donola 2020). Therefore possible solutions moving forward should include improved monitoring systems along with better communication between all involved parties so appropriate adjustments may be made if necessary–hopefully leading towards both economic growth and environmental conservation.
Net Profit Margin, Operating Profit Margin, and Net Profit Margin
Net benefit expanded 103.69% in 2016 contrasted with 2015 (Figure 3 above). This can be credited principally to the expansion in income as referenced above, and decreasing expenses. ‘The organization revealed 8.41% expense flattening in 2016, driven by a more vulnerable PESO contrasted with the dollar, and lower diesel and power expenses’ (Sam Williams, 2017). Peso dropped 17% contrasted with $US in 2016 (Ivana Kottasova, 2016), and with 67% of Fresnillo’s expenses being peso based, the organization profited from this fall in money (Proactiveinvestors, 2016). In 2016, Mexico’s gold mining area likewise saw a fall in normal money expenses of 5.4%, with Fresnillo recording the most minimal expense gold activity at its Cienega mine where money costs were $-217 for every ounce down from $245 per ounce in 2015 (Sam Williams, 2017). Notwithstanding their productivity in 2017, development in Fresnillo overall revenues is decreasing (Figure 3). Net benefit expanded simply by 4.91%, because of inflating costs. Cost of deals expanded 14.1% from 2016 contrasted with just a 1.2% expansion 2015 – 2016. 2017 saw an expansion in cost for each huge amount of 29.3% which was mostly because of lower volumes of metal being handled, energy cost likewise expanded 22.3%, from $118 million of every 2016 to $144 million in 2017(Fresnillo, 2017 pp. 56, 210). This increment could be credited to some degree to an expansion in base power levies, by Mexico’s state power utility (CFE), which kept an expansion in base power costs on a year on year premise of 14.3% in 2017 (Daniel Rodriguez, 2017). Fresnillo additionally encountered an expansion in compensation on normal of 5.8% (Alex Newman, 2018)