In Georgia, locals voice opposition to mega dam during consultations despite intimidation
September 17, 2013
Khaishi – A public debate over the fate of the Khudoni dam in western Georgia turned tense today as locals opposing the project were intimidated by authorities and the project developer, Transelectrica LTD. Despite the threats, villagers in Khaishi turned out in significant numbers to the consultation to express their opposition to the project.
Sustainability criteria for hydropower development
August 28, 2013
Any hydropower project no matter the size can cause negative consequences to water basins, associated ecosystems, to climate and affected communities living along the water basins. A large number of individually acceptable projects can also lead to unacceptably high negative cumulative effects. This briefing lays out sustainability criteria that help taking these concerns into account in the strategic planning and implementation of hydropower developments.
Comments on the EBRD’s draft country strategy for Georgia
July 25, 2013
Invest in haste, repent at leisure – Are IFIs behaving as if EU accession criteria and extreme energy losses do not exist in South East Europe?
June 25, 2013
South-eastern Europe is riddled with poor planning and corruption in the energy sector and its governments are proving slow to react to the challenges and opportunities offered by the decarbonisation agenda.
A tale of neglect: Energy finance figures from the Western Balkans
June 25, 2013
The neglect by international financial institutions of the Western Balkans sustainable energy potential will cost the region’s public heavily for years to come. Figures collected in a new study illustrate how the different international lenders perform in the region.
Development banks energy investments jeopardise the ability of Balkan accession countries to meet EU energy and climate targets, says new report
June 25, 2013
Brussels, Belgium – Heavy investments in fossil fuels by international financial institutions (IFIs) in the Western Balkans are hindering these countries’ compliance with EU accession requirements, finds a new report – “Invest in Haste, Repent at Leisure” – from civil society organizations CEE Bankwatch Network, SEE Change Net and WWF, created as part of the SEE SEP (South East Europe Sustainable Energy Policy) programme.
Off balance – The Georgian energy sector and the contradictions in EU policy and practice
June 18, 2013
This study reviews the development of greenfield hydro projects in Georgia and explores how current energy sector trends in the country relate – or otherwise – to sustainable energy principles.
Victory for civil society as EBRD cancels loan for controversial Croatian dam
May 28, 2013
Today we’re relieved in Zagreb as one energy project that could have had a destructive impact on Croatia’s future has lost its financing and thus its chances of going ahead are drastically reduced: I’m speaking about the infamous Ombla dam, a project for an underground hydropower plant that would have practically destroyed a protected area close to Dubrovnik.
Victory for civil society as EBRD cancels loan for controversial Croatian dam
May 28, 2013
Zagreb, May 28 – Croatian electricity company HEP and the European Bank for Reconstruction and Development (EBRD) have cancelled a EUR 123 million loan contract for the controversial Ombla underground hydropower plant near Dubrovnik, HEP has announced yesterday. The EBRD financing would have covered the biggest bulk of the EUR 152.4 million estimated to be needed for construction.
[Campaign update] EBRD still not withdrawing from damaging Ombla hydropower project, NGOs call on bank to heed new evidence
May 13, 2013
Despite having a slew of good reasons not to support the damaging Ombla hydropower plan in Croatia, the European Bank for Reconstruction and Development still didn’t confirm during recent meetings that it would withdraw from the project.