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Home > Archives for Регион > Кавказ

Кавказ

Amulsar gold mine, Armenia

August 16, 2019

Since 2016 the controversial Amulsar gold mine project is being developed by Armenia’s largest foreign investor, an international mining company Lydian, near the touristic spa town of Jermuk.


Ahead of Asia Infrastructure Investment Bank meeting in Luxembourg, over 89 000 petition bank to drop Nenskra dam project in Georgia

July 12, 2019

Luxembourg, Prague, Tbilisi – Representatives from the “Stop Nenskra” campaign [1] showed up in Luxembourg at the Asia Infrastructure Investment Bank (AIIB) annual meeting on July 12th and delivered a petition to the international development banks calling them on not to finance the Nenskra hydropower plant project [2] in Svaneti, Georgia.


In Georgia, leaked contract shows Nenskra hydropower project to cost country USD 60 million a year

June 10, 2019

For immediate release. Prague, Tbilisi – A leaked contract between the Georgian government and the company behind the Nenskra hydropower project includes terms that indicate the project will incur massive losses for the state, according to a report broadcast on 8 June by the national television station Rustavi 2 [1].


Nenskra hydropower project: May 2019 update

May 14, 2019

Given the complexity of the Nenskra project and its immense impact on indigenous Svan communities and the country’s fiscal stability, the EBRD should take responsibility and not provide financial support until the project is properly assessed. Read mor


Indigenous communities in Georgia threatened by a major hydropower project financed with European public money

May 10, 2019

There are many reasons why the Nenskra hydropower plant in Georgia should not be built at all. The project is set to have devastating environmental and social impacts, and its economics are particularly shoddy.


Five reasons why EBRD should pull out of the controversial Nenskra hydropower project

May 8, 2019

As the realisation of the project keeps dragging on, it is becoming increasingly difficult for the EBRD, and all international financial institutions involved, to justify their engagement.


Goldman winner to development banks: drop billion dollar Nenskra dam in Georgia

April 29, 2019

The 2019 winner of the Goldman Environmental Prize from Europe Ana Colovic Lesoska has today called on development banks – the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank and (ADB) the Asia Infrastructure Investment Bank (AIIB) – to drop their funding for the Nenskra hydropower project planned in Georgia’s Caucasus mountains.


Stop billion dollar Nenskra dam in Georgia

April 29, 2019

SIGN THE PETITION Stop Nenskra Afghanistan Albania Algeria American Samoa Andorra Angola Anguilla Antigua & Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Azores Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda


The EBRD Country Strategy for Azerbaijan

February 26, 2019

As the EBRD reviews its Country Strategy for Azerbaijan, Civil society organisations approached the Board of Directors to share their concerns about the situation in the country and asked the Bank to be clear that funding should be linked to the perfor


The EU’s bank downplayed climate risk in granting record loans to Europe’s largest fossil fuel project

February 7, 2019

Brussels – In a complaint lodged today with the European Investment Bank (EIB), civil society groups protest that the bank systematically underestimated the climate footprint of a fossil fuel mega project, the Southern Gas Corridor, which helped justify providing it with major financial support using EU public money.


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