Hydropower development in Georgia
March 25, 2013
Georgia plans to build a huge number of dams. Yet with 85 percent of electricity needs satisfied and exports not being taxed, these plans will rather benefit private investors than offering sustainable development for Georgia.
Ombla hydropower plant, Croatia
February 29, 2012
An underground hydropower plant was planned in a natural habitat of global significance. The project’s assessments were plagued by oddities and could not be considered complete. Despite all of this, the EBRD initially approved a EUR 123 million loan. In May 2013, under increasing pressure from civil society groups, the EBRD eventually pulled out of the project.