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Home > Publications > Financing for hydropower in protected areas of southeast Europe: update

Financing for hydropower in protected areas of southeast Europe: update

Financing for hydropower in protected areas of southeast Europe: update

Study    |    16 March 2018      Download

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 multilateral development banks and commercial banks, is even greater than previously known.

Since 2005, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the World Bank Group have extended loans and guarantees totalling EUR 727 million. This includes 37 projects in protected areas like national parks and Natura 2000 sites, or internationally recognised areas of high biodiversity value such as Important Bird Areas.

The accompanying databases can be found HERE.

Project: Buk Bijela and Upper Drina cascade | Dabrova Dolina hydropower plant, Croatia

Tags: Balkans | HydroBanks | financial intermediaries | hydropower

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