The hydropower plant Boskov Most, Macedonia
Briefing | 6 May 2014
In November 2011 the European Bank for Reconstruction and Development approved a EUR 65 million credit to ELEM, a Macedonian state-owned company for the construction and management of the hydro power plant “Boskov Most”. Around 80% of the project falls into the territory of the “Mavrovo” National Park. According to the IUCN, most of the Boskov Most project area would fall into category II of protected areas – National Parks – in which it is not allowed to implement any kind of commercial activity, even those deemed “viable”, if it has been established that there will be a negative impact on natural ecosystems and living organisms that are characteristic of the area. Yet the assessments and studies undertaken were deeply flawed as this briefing details.
Theme: Energy & climate | Other harmful projects
Location: Macedonia
Tags: EBRD annual meeting | biodiversity | hydropower
Never miss an update
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.
STAY INFORMED
