Who really benefits from Georgia’s Nenskra hydropower plant?
May 4, 2017
The Nenskra hydropower plant is implemented by two state-owned institutions and likely to be funded by several publicly owned development banks. Nonetheless, information about the contested project is being held back from public scrutiny.
Planned power plants in the Balkans need review as EU adopts tougher pollution standards
April 28, 2017
The European Union has today approved an updated set of binding standards for power plants, which include new, stricter pollution limits. In the Western Balkans, planned new coal capacities are most likely to be affected by the updated regulations.
Western Balkans are massively expanding coal power – but the new plants may have to be closed again soon
March 29, 2017
Plans for new lignite power plants in Western Balkan countries do not take into account the effect of CO2 prices, according to a new Bankwatch study. As a result, the plants risk becoming uncompetitive in the future, with taxpayers footing the bill.
Overlooked carbon costs could turn Western Balkans’ new coal power plants into white elephants – analysis
March 29, 2017
A new Bankwatch analysis examining ten coal-fired power plant projects across the Western Balkans finds that, once the cost of carbon emissions allowances are factored in, they could become a serious liability for both the companies involved and the public. Moreover, only a few feasibility assessments for coal power plants in the region are publicly available, and most of those have failed to properly take carbon costs into account, the briefing authors note.
Carbon costs for planned coal power plants in the Western Balkans and the risk of stranded assets
March 29, 2017
This briefing analyses ten coal-fired power plant projects across the Western Balkans and finds that, once the cost of carbon emissions allowances are factored in, they could become a serious liability for both the companies involved and the public.
River defenders gather forces in Georgia
March 28, 2017
This week, activists from across the world are meeting in Tbilisi to share their experiences of resisting hydropower projects and the money that supports them.
Hatching discontent in Ukraine
March 16, 2017
In Ukraine, big agriculture uses unscrupulous methods to manufacture consensus for expansion and marginalise local communities – often with the support of international donors.
Azerbaijan suspended from the EITI – a Bankwatch and Counter Balance statement
March 10, 2017
A decision to suspend Azerbaijan’s membership in the Extractive Industries Transparency Initiative (EITI) adopted yesterday (Mar 9) is the latest reminder for international financial institutes to avoid supporting the Southern Gas Corridor (SGC) project.
[Campaign update] Ukrainian nuclear power consultations could be Potemkin villages
March 3, 2017
On Sunday, March 5, nuclear reactor number 3 at the Zaporizhia power plant in Ukraine, Europe’s largest nuclear power station, will reach the end of its 30 year lifespan. Kiev wants to keep this Soviet-era nuclear unit going for at least ten more years
[Campaign update] Protestors take to Kyiv to demand action from agribusiness giant encroaching on their lands
February 24, 2017
On 22 February, more than 70 activists and residents from the Chyhyryn region south of Kyiv protested outside the headquarters of Myronivsky Hliboproduct (MHP), the Ukrainian agribusiness conglomerate owned by one of the country’s richest billionaires.
