BHP aims to finalize a $25.7 billion settlement to address the catastrophic consequences of the 2015 Samarco dam collapse in Brazil.
Rob Davies reports for The Guardian.
In short:
- The 2015 disaster resulted in 19 deaths and left 700 people homeless, wreaking environmental havoc.
- The proposed settlement includes payments spread over more than a decade and funds for ongoing cleanup through the Renova Foundation.
- Part of the proposed sum, $7.7 billion, has been previously spent on compensations and efforts towards environmental recovery.
Why this matters:
The 2015 Samarco dam collapse in Brazil, one of the most devastating environmental disasters in the country's history, resulted in widespread ecological and human tragedy. Nineteen people lost their lives, and hundreds were displaced, losing their homes and livelihoods. The environmental impact was equally severe, with the sludge contaminating water sources, decimating aquatic life, and rendering vast agricultural lands infertile. The toxic mud coated the landscape, killing plant and animal life, disrupting ecosystems, and severely affecting the river's biodiversity.
Communities have reported increased cases of mental health disorders, such as anxiety and depression, tied to the loss and continuing uncertainty. Physical health issues have also surfaced, likely linked to the exposure to contaminated water and soil.
