Price tag of Georgia’s Nenskra dam goes through the roof
December 4, 2017
New information reveals the disproportionate price that Georgia’s government guarantees to pay for electricity from the Nenskra dam. The increasingly unfavourable economics strengthen calls to finally make the project’s contract publicly available.
Between TAP and a hard place – Albanian farmers receive peanuts after losing land and livelihoods to gas pipeline
November 30, 2017
Interviews in Albania revealed a barrage of complaints about how the Trans-Adriatic Pipeline has been treating farmers affected by the mega gas project that may soon receive a record loan from the European Investment Bank.
Land lost but not forgotten
November 30, 2017
Impacts of the Trans-Adriatic Pipeline on the land and livelihoods of farmers in Albania In May 2017, Bankwatch, together with the Albanian Helsinki Committee undertook a mission along the corridor of the Trans-Adriatic Pipeline in Albania to talk to p
Europe’s murky Eastern energy deals
November 24, 2017
Millions of euros in public money are being invested in large infrastructure projects in the EU’s eastern neighbours in total disregard for Europe’s climate goals, and local communities, writes Manana Kochladze.
Communities in Chuberi and Nakra, Georgia, address financiers of Nenskra hydropower plant
November 23, 2017
In this letter, communities affected by the Nenskra hydropower plant in Georgia, explain the project promoter’s inadequate engagement with locals and ask the international financial institutions to stop considering financing the project. More than 100
A growing menace in Ukraine as proposed loan to agribusiness giant adds to conflict
November 21, 2017
The European Bank for Reconstruction and Development will decide next week on another loan of USD 25 million for Myronivsky Hliboproduct (MHP), in spite of repeated attempts by locals to reign in the impacts wrought by MHP.
Bulgarian gold in offshore paradise linked to European public lender
November 21, 2017
The profits of the richest Bulgarian gold mine are “optimised” through several Caribbean offshore companies and a Dutch cooperative. The European Bank for Reconstruction and Development is one of the shareholders.
Comments on the EBRD’s draft Extractive Mining Industries Strategy for 2018-2022
November 20, 2017
Bankwatch’s comments focus on the following areas: Sustainability and the Circular Economy, Transparency Standards, Human Rights, Coal Mining and Climate, Diversification, Resilience and Integration. See also our comments on Thermal and coking coal in
Gioni Tsindeliani
November 17, 2017
‘It’s not only the problem of the Nenskra dam, there are 36 dams planned in Svaneti.’
Giorgi Tsindeliani
November 17, 2017
‘These lands are used as pastures by our families.’