Broken rivers. The impacts of European-financed small hydropower plants on pristine Balkan landscapes
Publication | 19 December, 2017Eight hydropower projects in Albania, Croatia and Macedonia financed with European public money have damaged biodiversity and are in urgent need of increased monitoring and restoration measures.
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EUR 1.5 billion public loan for controversial pipeline withheld
Press release | 12 December, 2017Today, at a board meeting in Luxembourg the European Investment Bank has decided, for now, to postpone loaning 1.5 billion euros to the controversial Trans-Adriatic Pipeline.
Read moreGas lending at the European Investment Bank 2013-2016
Publication | 12 December, 2017Since the European Investment Bank (EIB) revised its energy lending criteria in 2012, it has limited its support for fossil fuels projects in the energy sector and eliminated the most polluting power plants from its portfolio. However, the bank’s contr
Read moreSix reasons for not financing the Nenskra hydropower project in Georgia
Publication | 5 December, 2017This briefing outlines the main issues with the Nenskra hydropower project shortly before both the European Bank for Reconstruction and Development and the European Investment Bank will decide on financing the project.
Read moreNenskra HPP poses possible threat to Georgian biodiversity hot spot
Publication | 4 December, 2017In January 2016 the Georgian government decided to exclude from the Bern Convention’s candidate Emerald Site “Svaneti 1” all territories that are part of the valleys of the Nenskra and Nakra rivers which are relevant for the construction of the Nenksra
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Price tag of Georgia’s Nenskra dam goes through the roof
Blog entry | 4 December, 2017New 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.
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Between TAP and a hard place – Albanian farmers receive peanuts after losing land and livelihoods to gas pipeline
Blog entry | 30 November, 2017Interviews 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.
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Land lost but not forgotten
Publication | 30 November, 2017Impacts 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
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Europe’s murky Eastern energy deals
Blog entry | 24 November, 2017Millions 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.
Read moreCommunities in Chuberi and Nakra, Georgia, address financiers of Nenskra hydropower plant
Publication | 23 November, 2017In 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
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