Two out of three scenarios in the country’s groundbreaking draft Energy Strategy foresee a coal exit by 2025 – excellent news in a country traditionally dominated by coal-fired electricity. But the Strategy’s plans for hydropower are unrealistic, writes Nevena Smilevska.
Nenskra: new players, new risks
December 4, 2019 | Read more
More than a year after Salini Impregilo, a major construction company, mysteriously abandoned the Nenskra hydropower project before construction had even begun, new contractors are now said to have been hired to build Georgia’s biggest and most divisive hydropower project.
Long considered the standard-setters in the world of development finance, Multilateral Development Banks are now at an important junction. Europe’s development financiers must step up their accountability and commitment to protection of people and nature.
When will the European Ombudsman’s decision on export credits come to pass?
November 20, 2019 | Read more
Commission president Ursula von der Leyen has clearly expressed political will to focus on climate and sustainability in EU finance and policy coherence. The announcement of the European Green Deal is a chance to make good on leading sustainability a substantial portion of European public finance: export credits.
A walk on the wild side
November 18, 2019 | Read more
The EBRD-financed Green Boulevard project in Belgrade, Serbia, has long attracted criticism from groups like Streets for Cyclists, who have pointed out that it will include no cycling lanes, and will slow down public transport by letting cars drive on the tram tracks. But now it is under construction, a whole new slew of problems have come up.
The geothermal power plant Akiira 1 in Kenya’s Nakuru county is planned to be built nearby the place the village of Lorropil used to stand until last Sunday.
