MercoPress. South Atlantic News Agency
World Bank loan to improve quality of life in Rio do Janeiro’s favelas
Some two million people who live in informal low income settlements (favelas) in the Rio de Janeiro Metropolitan Region, Brazil, will be benefiting from a 485 million US dollars development policy loan for the Metropolitan and Housing Project approved by the World Bank. Read full article
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Disclaimer & comment rulesI saw this and though “Just like the Argentinian recent World Bank loan . . .
Mar 17th, 2011 - 04:46 pm - Link - Report abuse 0. . . but NO, a different programme, The Metropolitan and Housing Project, with different aims.
“The loan will improve the State’s capacity regularize land tenure, map risk areas, formalize ownership of homes where possible and provide incentives for investment or resettlement where needed.” . . . . . . All of which should have been done by previous Brasilian governments, but which turned blind eyes and let the favelas happen.
I like the conditions attached – like it needs strengthened urban governance, like it will happen only in PACIFIED favelas, like it will remove settlements from (flood/landslide) risk areas.
One can only hope that the funding will support sewerage/sewage treatment and pollution control.
GOOD FOR DILMA !
GOOD FOR CABRAL !
I look forward to a ‘crash programme’ of works, a new approach to supporting the poor in Rio society, a corrupt-less management and use of both tranches of loan, and a timely repayment of the loan debt.
Today Rio, tomorrow SP . . . . and Salvador (we are waiting Mr Wagner).
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