Complaint to the European Ombudsman regarding the EIB’s non-disclosure of information
May 14, 2019
This complaint is based on the Memorandum of Understanding signed by the EIB with theEuropean Ombudsman allowing the complainants who are not satisfied with the outcome of the procedure before the European Investment Bank-Complaints Mechanism (EIB-CM)
Nenskra hydropower project: May 2019 update
May 14, 2019
Given the complexity of the Nenskra project and its immense impact on indigenous Svan communities and the country’s fiscal stability, the EBRD should take responsibility and not provide financial support until the project is properly assessed. Read mor
Indigenous communities in Georgia threatened by a major hydropower project financed with European public money
May 10, 2019
There are many reasons why the Nenskra hydropower plant in Georgia should not be built at all. The project is set to have devastating environmental and social impacts, and its economics are particularly shoddy.
Five reasons why EBRD should pull out of the controversial Nenskra hydropower project
May 8, 2019
As the realisation of the project keeps dragging on, it is becoming increasingly difficult for the EBRD, and all international financial institutions involved, to justify their engagement.
Goldman winner to development banks: drop billion dollar Nenskra dam in Georgia
April 29, 2019
The 2019 winner of the Goldman Environmental Prize from Europe Ana Colovic Lesoska has today called on development banks – the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank and (ADB) the Asia Infrastructure Investment Bank (AIIB) – to drop their funding for the Nenskra hydropower project planned in Georgia’s Caucasus mountains.
55 Injured in Clashes between Police and Hydropower Plant Protestors in Pankisi
April 22, 2019
Clashes occurred between police and local residents protesting the construction of the Khadori hydropower plant (HPP) in Birkiani in Georgia’s Pankisi region on Sunday.Source: 55 Injured in Clashes between Police and Hydropower Plant Protestors in Pank
Shuakhevi Compliance Review
December 12, 2018
In view of the considerable public resources invested in the Shuakhevi HPP project and in view of the negative impacts on local people’s safety and livelihoods, as well on local resources needed for sustainable development of the Adjara region and Geor
As human rights declaration turns 70, development banks have a ways to go to respect and protect rights defenders
December 10, 2018
Today 10 December marks the seventieth anniversary of the Universal Declaration of Human Rights. To coincide with this milestone, Bankwatch together with more than 200 organisations globally has called on international financiers [1] to ensure that these institutions support the realisation of human rights, avoid causing or contributing to rights abuses, promote an enabling environment for public participation, and safeguard rights defenders.
Leaked World Bank report depicts Georgia’s Nenskra hydropower project as major liability
November 14, 2018
Successive international analyses have cast serious doubts over the financial viability of the planned Nenskra plant. While the Georgian government keeps the project’s contract confidential, a leaked World Bank report offers a scathing account of the fiscal implications of this hydropower development.
Controversial dam project in Georgia abandoned by constructor
October 30, 2018
Already mired by controversy, the billion dollar Nenskra hydropower plant is now facing another major hurdle as the company contracted to realize the project is now leaving it.
