Bankwatch

Home > Publication search results

Publication search results

Western High Speed Diameter: Time to look for feasible alternatives – EBRD AGM Issue Paper

Briefing | 16 May, 2009 | Download PDF

While St. Petersburgs road maintenance budget as a reaction to the economic crisis has been cut by 75%, federal and city officials are determined to realise the Western High Speed Diameter (WHSD), despite more than quadruplet production costs since 2006. But apart from the unjustified routing of the diameter through residential and important natural areas, it is also still unclear whether there are cheaper and more effective alternatives.


Adjara Solid Waste Management project, Georgia – EBRD AGM Issue Paper

Briefing | 16 May, 2009 | Download PDF

While the planning process of the solid waste management project for the Autonomous Republic of Adjara is well advanced (first draft of EIA report in December 2008, public consultation meeting in February 2009), the Association Green Alternative has found several problematic concerns. Among them are the lack of information for affected communities, the absence of vital aspects in the EIA process and the disregard of potential negative social impacts of the project. These concerns should be taken into account before financing by the EBRD is granted.


Dnipro Tunnel PPP in Kiev – EBRD AGM Issue Paper

Briefing | 16 May, 2009 | Download PDF

In September 2008 the EBRD issued a USD 30 million loan for the Kiev City Traffic Management project which involves the planned construction of a major tunnel under the river Dnipro. Despite rising costs of now about USD 1.0 billion, no justification has been provided as to why this highly controversial tunnel has been chosen among other solutions to Kievs transportation problem.


The progress of the Gazela slum resettlement project, Belgrade, Serbia – EBRD AGM Issue Paper

Briefing | 16 May, 2009 | Download PDF

The Gazela Bridge in Belgrade, Serbia is in urgent need of renovation. Three hundred families, predominantly Roma, who live in informal settlements under the Bridge are to be resettled. So far the resettlement process lacks proper planning and open public consultation with affected communities and Roma experts. And also the EBRDs involvement as a technical assistant has not led to the establishment of the institutional, financial and legal solutions that are necessary to effectively promote Roma inclusion.


Porto Romano thermo power plant, Albania – EBRD AGM Issue Paper

Briefing | 16 May, 2009 | Download PDF

The Porto Romano TPP is yet another project that aims to improve energy security in Albania, yet the construction of such a large TPP powered by imported coal can hardly be reckoned to constitute sustainable development. Nevertheless, and despite the fact that coal-fired TPP plants are widely recognised as the most climate-wrecking forms of electricity generation, the governing elite in Albania is determined to have one in its own backyard.