Ilısu Dam Impact
With its history that spans nine civilizations, the archaeological and religious significance of Hasankeyf is considerable. Some of the city's historical treasures will be inundated if construction of the Ilısu Dam is completed. These include the ornate mosques, Islamic tombs and cave churches.
According to the Bugday Association, based in Turkey, Ms. Huriye Küpeli, the prefect of Hasankeyf, the Swiss ambassador to Turkey and representatives of the Swiss led consortium of contractors for the dam project have suggested what they believe to be a suitable nearby spot for moving the historical heritage of Hasankeyf, an operation for which the Turkish Ministry of Culture pledges to provide 30 million euros.
The threat of the Ilisu Dam project prompted the World Monuments Fund to list the city on its 2008 Watch List of the 100 Most Endangered Sites in the world. It is hoped that this listing will create more awareness of the project and prompt the Ilisu Consortium to develop alternate plans that are more sympathetic to this site of exceptional historical and cultural significance.
In December 2008 export credit insurers in Austria, Germany and Switzerland announced suspending their support for the project amid concern about its environmental and cultural impact and gave the Turkish government 180 days to meet standards set by the World Bank. These standarts were 153 requirements on environmental protection, resettlement of villages, protection of cultural heritage, and resource management with neighbouring states. As Turkey did not fulfil any of them, the three ECAs indicated in a joint press release issued on the 7th of July 2009 that they withdrew from the project. Shortly after, in another joint press release issued on the same day, the three banks (Société Générale, UniCredit and DekaBank) financing the Ilısu Dam project also stated – in line with the decision of the ECAs – that the export credit granted by the three banks for the construction of the Ilısu Dam would no longer be available.
This was the second victory, which also meant that Turkey would have to finance the proposed project with internal sources. The Minister of Forestry and Environment, Veysel Eroğlu, on a number of platforms, declared that the government would build the Dam despite all obstacles. The Ilısu Dam became a “project of honour” for the Turkish State which becomes clear in the words of Eroğlu “We do not need their money. We will construct this dam at any cost”. Since 2009 the construction goes on with the financial support of Turkish banks; Garanti Bankası and Akbank. However, it is maybe incorrect to call these entirely Turkish as since 2011 a 24.5% of Garanti Bankası belongs to the Basque bank called BBVA.
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