01.12.2012 Views

Struggles for Sustainable Urban Development in Cochabamba, Bolivia

Struggles for Sustainable Urban Development in Cochabamba, Bolivia

Struggles for Sustainable Urban Development in Cochabamba, Bolivia

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

either suffers the costs 5 of the economically unfeasible MISICUNI project or the<br />

environmental and social costs of cont<strong>in</strong>u<strong>in</strong>g with current sources.<br />

5 These costs, although ma<strong>in</strong>ly economic, can cause budget deficit lead<strong>in</strong>g to environmental and/or social<br />

damage. The excess costs could be transferred to the society or the environment, <strong>in</strong> terms of e.g. higher tariffs,<br />

impacts from <strong>in</strong>ability to <strong>in</strong>vest <strong>in</strong> network improvements or wastewater management, as well as leakages due to<br />

lack of ma<strong>in</strong>tenance. It is also possible that the project could not be properly f<strong>in</strong>anced lead<strong>in</strong>g to degradation of<br />

facilities <strong>in</strong> the long-term. In addition construction of the project might have important social and<br />

environmental impacts.<br />

16

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!