Public money vs. pristine rivers
Study | 21 October 2021
As the EIB revises its Environmental and Social Standards, this report presents eight hydropower schemes in central and eastern Europe either financed or under consideration by the Bank.
The projects – some financed directly and others via intermediaries such as commercial banks – show an urgent need for the Bank’s draft rules on biodiversity, financial intermediaries and Indigenous Peoples to be tightened up and provides concrete recommendations on how to do so.
This publication was produced in collaboration with EuroNatur and RiverWatch in the frame of the Save the Blue Heart of Europe campaign, with financial support from MAVA Foundation.
Theme: EIB, hydropower,
Project: Destructive hydropower in southeast Europe | Nenskra hydropower plant, Georgia
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