Who gains from saving nature
Ledger 1 : 33 — For each dollar financing nature-based solutions in 2023, about $33 financed activities harmful to nature. (UNEP)
Cases / Protected area / relocation · Vietnam · 1993–2012

Ho Chi Minh City canal restoration demolished about 7,000 households

Short record: the main facts, with sources. A full case file has not been prepared.

Nature's voice · report
No measurement of the harm done to me here is on record.
Did nature suffer? Not measured.
What the record lacks: 4 none on record · 1 not measured See the gaps

Ho Chi Minh City's Nhieu Loc–Thi Nghe canal restoration demolished about 7,000 households, and tenants received no compensation. The sources reviewed report no ecological results from the canal.

What?
Canal restoration in Ho Chi Minh City demolished about 7,000 households, according to Future Southeast Asia. Future Southeast Asia
Where?
Nhieu Loc–Thi Nghe canal, Ho Chi Minh City, Vietnam. Future Southeast Asia
When?
Works ran from 1993 to 2012.
Who?
Gained
None on record
Lost
Harmed
Why?
Not stated in the sources reviewed.
How?
Households were demolished and relocated along the canal. The first phase used a 248 million dollar interest-free World Bank loan. Future Southeast Asia
6 of 6 questions answered from the record

What happened

The record, in order.

Future Southeast Asia reported in August 2014 that about 7,000 households were demolished in the Nhieu Loc–Thi Nghe canal restoration.

The report says the first phase was financed by a 248 million dollar interest-free World Bank loan.

According to the report, tenants received no compensation, and more than a quarter of the households that moved sold their flats within two years.

    In court and with insurers

    Every proceeding and every insurer decision on record.

    Lawsuits and rulings

    No court case on record. No court has ruled on this case.

    Insurers

    No insurer decision on record.

    What we don't know

    Undisclosed, unproven, untried: recorded as data.

    Nature

    • Not measured Harm to nature: The record holds no measurement of harm to nature.

    Record

    • None on record The sources reviewed do not say who gained from the cleared land.
    • None on record No official government or World Bank figure was reviewed for the 7,000 households or the loan.
    • None on record The sources reviewed give no number of affected tenants and no amounts paid to owners.
    • None on record Reported without a linked source: street vendors and small traders were among those affected.

    Did the harm stop?

    Not stated in the sources reviewed.

    Who paid?

    Not stated in the sources reviewed.

    Sources

    Voices on record: — Company or project— Government and regulators— Courts✓ Press and investigations— Communities and civil society— Researchers

    Press and investigations

    1. The resurrection of Nhieu Loc–Thi Nghe
      Future Southeast Asia · 2014-08

    Connected cases

    Related matters, and cases linked to this one through the same organisations, with the role each played in both.

    Bonds and banking

    Arranger
    The bank that structures and sells a bond or loan deal, usually for a fee.

    Law and courts

    Land titling
    Formal legal recognition of ownership of land.