From the Caucasus to Russia: Why this road?
Blog entry | 27 April, 2020To “better connect the Caucasus to Russia,” a new road project, Kvesheti-Kobi, is planned to be realized in Georgia. This road section will be part of a north-south corridor that passes the Caucasus and serves to connect the region to Russia.
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Change for good: why we need fair, just supply chains
Blog entry | 27 April, 2020Uncertainty and crisis are not uncommon to global supply chains. The present disruption sheds light on the unsustainability of production and logistics and is an opportunity for economic players like the international financial institutions to rethink the way supply chains benefit those at every stage.
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The Commission must stay strong on EU sustainable investment criteria as they become law
Blog entry | 24 April, 2020As the European Commission moves to legislate on criteria regulating what can be defined as sustainable investments, Bankwatch warns that activities such as waste incineration, gas combustion and nuclear energy must not be allowed to sneak in at the last minute.
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Fears revive in the villages of Shuakhevi as one of Georgia’s biggest hydropower plants starts operation
Blog entry | 17 April, 2020Georgia’s Shuakhevi hydropower plant (HPP), which once promised to bring energy independence to the country but collapsed soon after becoming operational in 2017, has come back to life. But its return has not been welcome.
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Status update on the Nenskra hydropower plant project
Blog entry | 9 April, 2020New comprehensive assessments of project alternatives, climate risks, and environmental and social impacts are necessary if the project will ever restart.
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Ukrainian activists taken to court by longstanding EBRD client after sounding the alarm on impacts of planned wood processing factory
Blog entry | 7 April, 2020Activists from the environmental NGO Ecoclub from Rivne, Ukraine are facing defamation charges after they raised warnings about a planned wood processing facility near the city. The group alerted the public to a host of potential negative environmental impacts the facility might have, which has started construction in the village of Horodok, in the Rivne region, in Ukraine’s northwest.
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Armenia breaks international agreement on biodiversity over gold mine funding, alleges complaint
Press release | 30 March, 2020Yerevan – The Armenian government has jeopardised three natural sites slated for protection for their unique biodiversity by moving ahead with plans for the USD 426 million Amulsar gold mine, finds a new complaint filed at the Convention on the Conservation of European Wildlife and Natural Habitats, known as the ‘Bern Convention.’
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New analysis: Belgrade incinerator public-private partnership a textbook case of corporate capture
Press release | 4 December, 2019The Belgrade solid waste public-private partnership (PPP) has been plagued by legal irregularities and circumvented binding decision-making processes, finds a new analysis published today by CEE Bankwatch Network, Counter Balance and Zero Waste Europe.
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Dirty palms: European Development Banks need better due diligence and accountability to prevent human rights abuses
Blog entry | 29 November, 2019Long 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.
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EU bank drops Belgrade incinerator, citing impact on recycling: EBRD and other banks press on
Press release | 28 October, 2019Prague, Belgrade – The European Investment Bank (EIB) has refrained from financing the planned Vinča municipal waste incinerator in Belgrade, Serbia, according to a letter sent to the Ne Davimo Beograd initiative that campaigns against the project.
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