Tashlyk hydro pumped storage plant, Ukraine
April 7, 2021
On 12 May 2020, the European Investment Bank (EIB) announced that it is considering financing the completion of the Tashlyk hydro pumped storage plant (HPSP) project. The Ukrainian state-owned enterprise National Nuclear Energy Generating Company (Ener
Blagoevgradska Bistritsa hydropower cascade (Bulgaria)
March 30, 2021
The Blagoevgradska Bistritsa hydropower cascade in Bulgaria consists of eight small hydropower plants installed on pipelines that supply the town of Blagoevgrad with drinking water. The plants were developed by the private company Blagoevgradska Bistri
Nenskra hydropower project: update
January 29, 2021
Since it was first proposed, the Nenskra hydropower project in Georgia has raised significant controversy and concerns among the indigenous Svan communities living near the proposed plant, as well as the general public in Georgia. The accountability mechanisms of the EIB, EBRD and ADB have found numerous violations of the lenders’ environmental and human rights standards, as well as violations of the rights of affected Svan communities.
Can the EIB become the “EU Development Bank”?
November 9, 2020
This report analyses the EIB’s track record in the development field and offers a series of detailed recommendations for fundamental reforms at the EIB, so that the Bank can better support partner countries’ development priorities and ultimately become a credible candidate for the “EU Development Bank” seat.
The never ending saga of the Nenskra HPP
September 17, 2020
The Nenskra HPP is one of 35 hydropower plants slated for development in Upper Svaneti, a region roughly one-and-a-half times the size of Luxembourg.
EIB’s lack of public disclosure on the Svans challenged by Ombudsman
September 16, 2020
The European Ombudsman concluded that the EIB should disclose an expert report on whether Svans that live in the Svaneti region of Georgia are indigenous people.
Georgia’s billion dollar dam violates international standards
September 9, 2020
Significant failures were found in the project’s compliance with the environmental and social policies of the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB).
Drina hydropower plants’ impact on Montenegro cannot be ignored
May 18, 2020
Non-governmental organisations from Bosnia and Herzegovina and Montenegro on Friday submitted a complaint to the Espoo Convention on Bosnia and Herzegovina’s failure to carry out a transboundary environmental impact assessment for a series of dams planned near the Montenegrin border.
Fears revive in the villages of Shuakhevi as one of Georgia’s biggest hydropower plants starts operation
April 17, 2020
Georgia’s Shuakhevi hydropower plant (HPP), which once promised to bring energy independence to the country but collapsed soon after becoming operational in 2017, has come back to life. But its return has not been welcome.
Status update on the Nenskra hydropower plant project
April 9, 2020
New comprehensive assessments of project alternatives, climate risks, and environmental and social impacts are necessary if the project will ever restart.
