Hydropower in Georgia
Briefing | 6 May 2015
Since 2011 the European Bank for Reconstruction and Development has provided USD 210.5 million to three greenfield hydropower projects (HPP) in Georgia – Paravani, Dariali and Shuakhevi. Instead of bringing improvements on the ground and environmental standards that are on par with best international practice, the EBRD has, by funding these projects, simply justified the wrongdoings that were from the beginning apparent: the degradation of river ecosystems, corruption and threats to people.
Theme: Social & economic impacts | Other harmful projects
Project: Hydropower development in Georgia
Tags: Dariali | Paravani | Shuakhevi | biodiversity | corruption | hydropower | local communities
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We expose the risks of international public finance and bring critical updates from the ground. We believe that the billions of public money should work for people and the environment.