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Update on Financial aspect and principal investors
editDue to economic woes in China's stock markets, the principal of HKND, Wang Jing has lost nearly 85% of his asset value. This distress in the foreign market relative to Nicaragua's proposed canal project might derail the effort all together. http://www.theguardian.com/world/2015/oct/02/chinese-mogul-behind-nicaragua-canal-lost-85-of-his-fortune-in-stock-market
Environmental standards (safety and sustainability)
editRichard Condit, from the Smithsonian Tropical Research Institute, believes that the project will develop environmental protection in a country that currently lacks "institutional capacity" to meet ecological demand.[1] A Canadian pilot was the first fatality during the Hong Kong-led Nicaragua Canal project as of October 2nd, 2015.[2] Historically, the construction phase has caused the highest amount of casualties as noted during the French effort on the Panama Canal. Mr. Atkinson was flying alone on the western side of Lake Nicaragua during an aerial survey. The survey site was on the same side as NicarAgua-Dulce which is the only ecotourism group in Nicaragua that is affiliated with The International Ecotourism Society and it is located north of the proposed canal site.[3] Falling in line with ecotourism, the Nicaragua's Ministry of Environment and Natural Resources has promoted formal workshops at each level of education (primary, secondary and post-secondary), however there is no curriculum relevant to the pending canal project.[4] The American-led Foundation for Sustainable Development (FSD) is another partner that provides training initiatives to Nicaraguans that cannot access formal education. One of FSD's support sites is located at Tola and within close proximity of the proposed Brito-Pacific canal opening.[5]
5. Environmental issues in Nicaraguas: http://www.fsdinternational.org/country/nicaragua/envissues
5. Is Costa Rica, Honduras and El Salvador able and willing to intervene in the debate?
6. http://www.worldbank.org/en/country/nicaragua/publication/salud-ambiental-nicaragua Global community's observation
7. http://www.nature.com/news/conservation-nicaragua-canal-could-wreak-environmental-ruin-1.14721
- ^ Condit, Richard (2015-07-27). "Extracting Environmental Benefits from a New Canal in Nicaragua: Lessons from Panama". PLoS Biol. 13 (7): e1002208. doi:10.1371/journal.pbio.1002208. PMC 4516262. PMID 26214182.
{{cite journal}}: CS1 maint: unflagged free DOI (link) - ^ "A Quebecer dies in a plane crash in Nicaragua | Stopru". stopru.org. Retrieved 2015-10-23.
- ^ "Nicaragua Dulce Ecotourism Granada Nicaragua :: Ecotours in Nicaragua". www.nicaraguadulce-ecotourism.com. Retrieved 2015-10-23.
- ^ "Educación Ambiental". www.marena.gob.ni. Retrieved 2015-10-23.
- ^ "Nicaragua". www.fsdinternational.org. Retrieved 2015-10-23.