Dabrova Dolina hydropower plant, Croatia
January 24, 2019
A harmless-sounding mill conversion project on Croatia’s stunning river Mrežnica is a textbook example of how even small hydropower plants can damage protected areas. It also exemplifies the lack of transparency and oversight of investments that the European Bank for Reconstruction and Development channelled through commercial bank intermediaries.
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.
Shuakhevi hydropower plant, Georgia
August 13, 2018
Georgia’s biggest and one of the most controversial hydropower plants is mostly famous for its failures. Two months after becoming operational in 2017 its tunnels collapsed. And after two years of repairs water is leaking from the dam. Shuakhevi hydropower plant (HPP) once promised to bring energy independence to Georgia. Instead it managed to collect an impressive ‘portfolio’ of problems in a wide range of areas: from biodiversity, to gender impacts, to community relations.
The European Parliament resolution urges European financial institution to respect indigenous peoples rights
August 9, 2018
Celebrate the rights of those 5 per cent who hold 80 per cent of the planet’s biodiversity. Today is the International Day of the World’s Indigenous Peoples.
Devastating floods are the latest warning sign about controversial Nenskra hydropower project
July 31, 2018
From the outside, this tragedy might seem like a natural disaster, a force majeure. But one cannot ignore the human factors at play.
A tale of two communities successfully resisting the Balkan hydropower tsunami
July 31, 2018
Two communities in central Bosnia have had reasons to celebrate within the last few weeks as they achieved major victories in their campaigns against small hydropower plants near Fojnica and Kruscica. Bankwatch joined them to see what lies behind their success.
Court complaints launched against Bosnia-Herzegovina hydropower permits
July 26, 2018
Sarajevo, Banja Luka, Nikšić, Podgorica, Prague – The Aarhus Resource Centre Sarajevo has submitted two court complaints [1] to the District Court in Banja Luka against the environmental permits for the Buk Bijela and Foča hydropower plants on the river Drina in Bosnia-Herzegovina near the border with Montenegro.