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Risky business – Who benefits from the Southern Gas Corridor

Study | 13 December, 2016 | Download PDF

The Southern Gas Corridor, a string of pipelines meant to bring gas from Azerbaijan into Europe, is presented as a panacea for all ills and is set to benefit from some of the biggest loans in the history of European public banks. But as this report reveals, Europe’s flagship energy project is set to benefit a host of companies and individuals with a particularly shady track record. Several companies contracted to build the Southern Gas Corridor have a worrying history of corruption.


Sustainability criteria for hydropower development

Briefing | 11 December, 2016 | Download PDF

Any hydropower project no matter the size can cause negative consequences to water basins, associated ecosystems, to climate and affected communities living along the water basins. A large number of individually acceptable projects can also lead to una


Reviewing the European Investment Bank’s carbon footprint methodology

Briefing | 8 December, 2016 | Download PDF

The briefing makes recommendations for the European Investment Bank’s methodology for calculating greenhouse gas emissions, which is currently under review. It also provides case studies that illustrate the shortcomings of the bank’s current approach – most notably its strategy towards supporting gas projects.


Letter to ADB concerning loan for Shah Deniz gas field in Azerbaijan

Advocacy letter | 5 December, 2016 | Download PDF

Ahead of an expected loan decision by the Asian Development Bank for the Shah Deniz gas field in Azerbaijan, non-governmental organisations raised concerns over the human rights situation in the country as well as in Turkey, to where the gas from Shah Deniz will be transported via the Southern Gas Corridor.


Postpone decision on loan for Shah Deniz II gas field in Azerbaijan – letter to the board of the Asian Development Bank

Advocacy letter | 5 December, 2016 | Download PDF

Ahead of the Asian Development Bank’s board meeting where a loan to the Shah Deniz gas expansion project in Azerbaijan is to be discussed, a group of NGOs ask the ADB board to postpone a decision and align the ADB to the practice of other IFIs involved in financing the same and related gas projects.