Private companies such as
Coca-Cola and Nestlé are allegedly in the process of privatizing the
largest reserve of water, known as the Guarani Aquifer, in South
America. The aquifer is located beneath the surface of Brazil,
Argentina, Paraguay and Uruguay and is the second largest-known aquifer
system in the world.
Reported by Correiodo Brasil the major transnational conglomerates are “striding forward” with their negotiations to privatize the aquifer system. Meetings have already been reserved with authorities of the current government, such as Michel Temer, to outline procedures required for private companies to exploit the water sources. The concession contracts will last more than 100 years.
The first public conversation about this dilemma was scheduled on the same day the process of voting for the impeachment of President Dilma Rousseff was opened. As Central Politico reports, “This coincidence was fatal for the adjournment of the meeting.”
This issue extends beyond South America, as all humans will be affected by the decision to privatize the second-largest aquifer system in the world. Essentially, the corporations are profiting off a natural resource that should be freely available to all.
Under the Guarani Aquifer Project’s Environmental Protection and Sustainable Development Project, known as ANA’s Guarani Aquifer Project (SAG), the aquifer would be managed and preserved for present and future generations. Following the conservatives’ victory in Argentina and the coup d’état, pressed for by the ultra right in Paraguay and Brazil, only Uruguay was left to vote on the privatization of the aquifer.
Approximately two-thirds (1.2 million km²) of the reserve is located in Brazilian territory, specifically in the states of Goiás, Mato Grosso do Sul, Minas Gerais, São Paulo, Paraná, Santa Catarina and Rio Grande do Sul. Future generations will ultimately suffer if this deal goes through, which is why human rights organizations around the world are getting involved.
Read more: Coca-Cola And Nestlé To Privatize The Largest Reserve Of Water In South America
Reported by Correiodo Brasil the major transnational conglomerates are “striding forward” with their negotiations to privatize the aquifer system. Meetings have already been reserved with authorities of the current government, such as Michel Temer, to outline procedures required for private companies to exploit the water sources. The concession contracts will last more than 100 years.
The first public conversation about this dilemma was scheduled on the same day the process of voting for the impeachment of President Dilma Rousseff was opened. As Central Politico reports, “This coincidence was fatal for the adjournment of the meeting.”
“There must be another list of
projects to be granted or privatized in the medium term, with auctions
that may occur in up to one year, such as Eletrobras energy distributors
and freshwater sources,” adds the news site, translated via Google from Portuguese.
This issue extends beyond South America, as all humans will be affected by the decision to privatize the second-largest aquifer system in the world. Essentially, the corporations are profiting off a natural resource that should be freely available to all.
Under the Guarani Aquifer Project’s Environmental Protection and Sustainable Development Project, known as ANA’s Guarani Aquifer Project (SAG), the aquifer would be managed and preserved for present and future generations. Following the conservatives’ victory in Argentina and the coup d’état, pressed for by the ultra right in Paraguay and Brazil, only Uruguay was left to vote on the privatization of the aquifer.
Approximately two-thirds (1.2 million km²) of the reserve is located in Brazilian territory, specifically in the states of Goiás, Mato Grosso do Sul, Minas Gerais, São Paulo, Paraná, Santa Catarina and Rio Grande do Sul. Future generations will ultimately suffer if this deal goes through, which is why human rights organizations around the world are getting involved.
Read more: Coca-Cola And Nestlé To Privatize The Largest Reserve Of Water In South America
