EBRD tightens standards in response to Balkan hydropower boom
May 16, 2019
As a result of public resistance to small-scale hydropower projects in the Balkans, from the beginning of 2020, the EBRD will ask commercial banks to refer all high-risk projects – including all hydropower plants – for additional checks. The EBRD also requires them to meet higher environmental standards than previously. The bank will ask that such projects are disclosed to the public on the financial intermediary’s website, finally increasing disclosure on these hitherto hidden projects.
EBRD urged to intervene over ‘damaging’ North Macedonia hydro project
May 7, 2019
Hydropower power projects have proved to be very controversial across the West Balkans and one project in North Macedonia has put the EBRD into conflict with environmental campaigners.Source: EBRD urged to intervene over ‘damaging’ North Macedonia hydr
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.
Boskov most hydropower plant, North Macedonia
April 19, 2019
Boskov Most was one of 18 hydropower greenfield projects planned by the North Macedonian government in the Mavrovo National Park. After five years of campaigning, we convinced the European Bank for Reconstruction and Development about the folly of this project and to cancel its EUR 65 million loan. Without its major source of funding, the project lost steam and was discontinued.
Construction of SHPP near Štrpce halted, Podgorica to host talks on hydropower in the region
February 12, 2019
Amid the public outcry against the construction of small hydropower plants (SHPPs) throughout the region, with the latest cases in Štrpce in Kosovo* and at the Krapska river in Macedonia, all interested parties will have the opportunity to exchange views during two meetings in Podgorica – a public debate on planned hydropower plants (HPPs) on Morača river, as well as HPPs in BiH, Montenegro, and Serbia, and the Ministerial Conference on Transition to Sustainable Energy in the Western Balkans.
Macedonian hydropower complaint highlights EBRD’s enduring opacity
February 11, 2019
After almost a year of struggling to get basic environmental information from the EBRD about the Krapska hydropower project, Bankwatch has submitted an official complaint [1] to the bank’s Secretary General. As we run the same administrative circles over and over again, another precious river valley has been irreversibly damaged.
Krapska Reka small hydropower plant, Macedonia
February 6, 2019
Loopholes in the EBRD’s due diligence, together with a lack of assessment and monitoring by Macedonia’s local and central government, has proven to be a lethal combination for the country’s rivers. A prime example is the Krapska Reka small hydropower project. The authorities’ failure to recognise the location as part of the proposed Jakupica National Park, Emerald area and a future Natura 2000 site, on top of poor mitigation measures and construction practices, have caused irreversible damage to this small river valley.
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.
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.
