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Home > Bankwatch in the media > EBRD to Stop Financing HPPs in Protected Areas

EBRD to Stop Financing HPPs in Protected Areas

28 May 2019, Exit News

The European Bank for Reconstruction and Development (EBRD) has announced that starting from January 1, 2020 it will not finance hydropower plants (HPP) projects in areas with high biodiversity. EBRD to Stop Financing HPPs in Protected Areas

Project: EBRD/EIB energy policy review

Tags: EBRD | biodiversity | hydropower

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