New report: Southeast Europe hydropower investment risks are high and rising
July 27, 2022
Greenfield large hydropower investments across southeast Europe (1) face major risks and low realisation rates, according to a new report by CEE Bankwatch, EuroNatur, Riverwatch and WWF Adria published today, which also highlights nine high-risk project cases (2).
Why hydropower in southeast Europe is a risky investment
July 27, 2022
Hydropower, together with coal, has traditionally played a major role in the power systems of southeast Europe, with particularly high shares in Albania, Montenegro and Croatia. And today, southeast European governments, utilities and energy experts are keen to build even more hydropower.
Updated Renewable Energy Directive needs built-in biodiversity protection
November 17, 2021
A higher EU renewable energy target may help reduce greenhouse gases, but could also accelerate the biodiversity crisis if not properly managed. To prevent this, support schemes for renewables must be explicitly tied to compliance with EU environmental law.
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.
Dabrova Dolina, Croatia
March 19, 2018
Why even small hydropower plants shouldn’t be built in protected areas.
Financing for hydropower in protected areas of southeast Europe: update
March 16, 2018
Multilateral development banks have supported no fewer than 82 hydropower projects across southeast Europe, including in protected areas. The study finds that the number of hydropower projects in the region that enjoy financial support from multilatera