Skavica Dam — the last thing Albania needs
July 22, 2022
Instead of increasing its energy security, Albania is pushing the construction of yet more hydropower, leading to thousands losing their land and the potential extinction of Europe’s rarest cat. Will the US International Development Finance Corporation really consider financing Skavica?
Pouring millions from empty into the void
May 30, 2022
EBRD and EIB investments in Bulgarian hydropower have once again been hit by scandal with the recent failure of the Chaira pumped storage plant and revelations about the illegality of small hydropower plants. The planned Yadenitsa dam would be more of the same: will the EBRD and EIB be wise enough to say no?
UPDATE 7: Juncker on the investment offensive … against Europeans, the economy and the environment
January 22, 2015
Labelled the €1.3 trillion investment offensive, more than 2000 projects have been identified by the European Commission’s new Task Force on Investment (made up of representatives of the EC, EIB and member states) for fast-tracked financing from President Juncker’s recently announced €315 billion stimulus plan.
UPDATE: Danube dam-busting – Under the radar EU funds grab spotted in Slovakia
March 25, 2014
A highly problematic Danube dam project has found its way into the Slovak Operational Programme for the Cohesion Policy spending in the 2014-2020 period and has become a small scandal in the country.