© Green RENAISSANCE
Don’t just give a dam
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Facts about the Stielger’s Gorge project
- Nearly 500,000 people from around the world have taken action to save Selous
- The dam project could flood 1,200km2 of the Selous World Heritage site, including critical black rhino habitat and cut off wildlife migration routes.
- It would have direct impacts on the UNESCO site’s core environmental value and tourism
- This project has failed to attract finance before from The World Bank.
- A smaller hydropower plant, the Mtera dam, located 220 kms upstream from Stiegler’s Gorge, was forced to close temporarily in 2015 due to a drought, adding to concerns relating to a significantly larger dams’ economic feasibility, particularly due to potential payment for power contract arrangements.
- The proliferation of low cost, off-grid renewable power capacity and a wider global trend towards decentralized power, combined with the low cost natural resources currently preferred by Tanzanian energy policy, make large scale hydropower projects, without risk-adjusted returns, an unattractive proposition for investors.