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More for pigs than people: experience with Danosha’s expansion in Ukraine

Briefing | 7 May, 2014 | Download PDF

In 2013 the EBRD approved a loan of EUR 35 million to Danosha, a Ukrainian industrial pig farming company. Categorised as ‘B’ by the bank, the project didn’t require an Environmental Impact Assessment or public participation. Yet experience shows that Danosha’s activities are associated with adverse environmental and social impacts, and the situation has been worsened by the fact that the company does not publish any information about its impacts on the environment, public health and safety at its farms.


The hydropower plant Boskov Most, Macedonia

Briefing | 6 May, 2014 | Download PDF

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.


Legal opinion on the possible financing scheme of Plomin C and its compatibility with EU rules on state aid and public procurement (public summary)

Briefing | 5 May, 2014 | Download PDF

This legal analysis argues that the tender arrangement for the Plomin C coal-fired power plant seriously questions the feasibility of the entire investment, not just from an environmental point of view as demonstrated by Zelena Akcija beforehand, but by now also from a competition point of view.


The Shuakhevi hydropower plant project, Georgia

Briefing | 2 May, 2014 | Download PDF

The European Bank for Reconstruction and Development has approved a loan of up to USD 86.5 million for Adjaristsqali Georgia LLC (AGL), a subsidiary of the Norwegian Clean Energy Invest for the construction of the 185 MW Shuakhevi hydropower plant (HPP). The project involves the construction of two dams and three diversion tunnels. Bankwatch member group Green Alternative has concerns about the possible negative impacts of the Shuakhevi HPP and the overall justification for the project, both explained in this briefing.


Dariali hydropower plant project, Georgia

Briefing | 2 May, 2014 | Download PDF

The Georgian company JSC Dariali Energy has requested a loan of up to USD 80 million from the EBRD for the 108 MW Dariali hydropower (HPP) project. The project involves the construction of a derivation-type HPP on the Tergi river in the municipality of Kazbegi. The project will divert water from the town of Stepatsminda towards the powerhouse close to the border with Russia, leaving eight kilometres of river without a sufficient amount of water.


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