On July 6, 2017, two of the banks financing the Agua Zarca hydroelectric dam construction in Honduras pulled their funding for the project. The European development banks, namely The Netherlands Development Finance Institution and the Finnish Fund for Industrial Cooperation, had been conducting an international and regional study for many months in order to determine whether or not to withdraw their support. On July 6th, they finalized their decision to cease support, and ultimately concluded that local officials and peoples of Honduras should be the ones to decide how the project continues. The banks said they halted their involvement in the the controversial dam in response to the attacks against local activists opposing its construction, including the murder of Berta Cáceres.
