{"id":60639,"date":"2020-09-04T00:00:00","date_gmt":"2020-09-04T00:00:00","guid":{"rendered":"https:\/\/www.beirut.com\/?p=60639"},"modified":"2023-05-23T10:02:55","modified_gmt":"2023-05-23T10:02:55","slug":"world-bank-to-officially-defund-bisri-dam-project","status":"publish","type":"post","link":"https:\/\/www.beirut.com\/en\/60639\/world-bank-to-officially-defund-bisri-dam-project\/","title":{"rendered":"World Bank To Officially Defund Bisri Dam Project"},"content":{"rendered":"A major win for the beautiful Bisri Valley and all environmental advocates in Lebanon.<br \/>  <br \/>  The World Bank has officially decided to defund the Bisri Dam project after the Lebanese government failed to meet the deadline put in place by WB seniors. The deadline was set for September 4th, coinciding with the one-month mark of the Beirut blast, and passed only a few moments ago.<br \/>  <br \/>    <blockquote class=\"twitter-tweet\"><p lang=\"ar\" dir=\"rtl\"><\/p>\u2014 MTV Lebanon News (@MTVLebanonNews) <a href=\"https:\/\/twitter.com\/MTVLebanonNews\/status\/1301978049404076034?ref_src=twsrc%5Etfw\">September 4, 2020<\/a><\/blockquote> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>  <br \/>  <br \/>  Consequently, WB seniors refused to grant Lebanese officials an extension, and decided to pull the rug from underneath the controversial project.<br \/>  <br \/>    <blockquote class=\"twitter-tweet\"><p lang=\"en\" dir=\"ltr\">The deadline the <a href=\"https:\/\/twitter.com\/WorldBank?ref_src=twsrc%5Etfw\">@WorldBank<\/a> granted to the Lebanese government to implement the previously agreed terms &#038; resume the construction of the Bisri Dam ends 4Sep 2020 <br>Now the bank will have to withdraw the remaining loan from the dam project<a href=\"https:\/\/twitter.com\/hashtag\/save_the_bisri_valley?src=hash&#038;ref_src=twsrc%5Etfw\">#save_the_bisri_valley<\/a><a href=\"https:\/\/twitter.com\/savebisri?ref_src=twsrc%5Etfw\">@savebisri<\/a>  <a href=\"https:\/\/t.co\/uBr9fNACNx\">pic.twitter.com\/uBr9fNACNx<\/a><\/p>\u2014 Rula El Halabi (@Rulaelhalabi) <a href=\"https:\/\/twitter.com\/Rulaelhalabi\/status\/1301595684483862533?ref_src=twsrc%5Etfw\">September 3, 2020<\/a><\/blockquote> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>  <br \/>  <br \/>  The World Bank had been waiting on the government to meet preconditions in order to commence construction of the dam using WB funds since July, but the government failed to propose a way forward.<br \/>  <br \/>    <blockquote class=\"twitter-tweet\"><p lang=\"und\" dir=\"rtl\"><br><br>Why the Bisri Dam should be stopped? The answer  <a href=\"https:\/\/t.co\/DyS33KvklD\">pic.twitter.com\/DyS33KvklD<\/a><\/p>\u2014 Save The Bisri Valley (@savebisri) <a href=\"https:\/\/twitter.com\/savebisri\/status\/1246730745911169024?ref_src=twsrc%5Etfw\">April 5, 2020<\/a><\/blockquote> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>  <br \/>  <br \/>  This comes after a national campaign to protect Bisri valley described the dam as an \u201cenvironmental ticking time-bomb\u201d that will go off if no proper actions were taken.<br \/>  <br \/>    <blockquote class=\"twitter-tweet\"><p lang=\"en\" dir=\"ltr\">World bank on the Bisri Dam project: Crisis of the sort often imply a change in national priorities in light of emerging needs. The World Bank has globally agreed to help countries re-channel available resources to emerging priorities of a more pressing and acute nature&#8230; <a href=\"https:\/\/t.co\/0Y8zhGOC5j\">pic.twitter.com\/0Y8zhGOC5j<\/a><\/p>\u2014 Larissa Aoun (@LarissaAounSky) <a href=\"https:\/\/twitter.com\/LarissaAounSky\/status\/1250841582489698304?ref_src=twsrc%5Etfw\">April 16, 2020<\/a><\/blockquote> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>  <br \/>  <br \/>  We hope the loan of this project will be redirected to support and to rebuild lives and livelihoods of people impacted by the Beirut blast.<br \/> <br \/> 1","protected":false},"excerpt":{"rendered":"<p>A major win for the beautiful Bisri Valley and all environmental advocates in Lebanon.<\/p>\n","protected":false},"author":0,"featured_media":623269,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ai_generated_summary":"","_preview_accessed":0,"footnotes":""},"tags":[],"media-embed-type":[],"class_list":["post-60639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"authorship":[110],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>World Bank To Officially Defund Bisri Dam Project<\/title>\n<meta name=\"description\" content=\"A major win for the beautiful Bisri Valley and all environmental advocates in Lebanon.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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