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.
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
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
The great gas lock-in – industry lobbying is behind the EU push for new gas infrastructure
October 31, 2017
A new report from Corporate Europe Observatory shows why the fire-power of the gas industry makes it a powerful and effective lobbying force in Brussels and national capitals. Meanwhile, public interest groups have a fraction of the resources and access.
Major European loan to controversial Azerbaijani gas pipeline risks fuelling corruption, human rights abuse and climate change
October 18, 2017
A USD 500 million loan approved today by the European Bank for Reconstruction and Development for the construction of the Trans Anatolian Pipeline is set to benefit, among others, state-owned companies in Azerbaijan and Turkey.
Nenskra HPP: the concerns of worried locals fall on deaf ears of project developers
October 12, 2017
In an interview, a teacher from Chuberi in the Svaneti mountains gave us an impression of how the project developers of the planned Nenskra dam engage with locals.
Georgia’s highlanders against hydropower
September 20, 2017
As the Georgian government moves ahead with its plans for increasing the country’s hydropower capacity, local communities are being sidelined in the process of compensation payments.
Why the EIB should not finance TANAP
September 12, 2017
This briefing outlines and summarises key issues of concern for civil society organisations in relation to a potential loan by the EIB for the Trans-Anatolian gas Pipeline (TANAP) which is part of the Southern Gas Corridor.
Systematic shortcomings will deprive people affected by Georgian dam of compensation
September 11, 2017
An assessment of livelihoods of people to be affected by the Nenskra hydropower plant in Georgia is rigged with mistakes that will lead to significant losses for locals.