May 6, 2015
Since 2011 the European Bank for Reconstruction and Development has provided USD 210.5 million to three greenfield hydropower projects (HPP) in Georgia – Paravani, Dariali and Shuakhevi. Instead of bringing improvements on the ground and environmental standards that are on par with best international practice, the EBRD has, by funding these projects, simply justified the wrongdoings that were from the beginning apparent: the degradation of river ecosystems, corruption and threats to people.
August 22, 2014
While likely not the cause, the EBRD-financed Dariali hydropower plant is being constructed without proper assessment or mitigation of known geological risks. The construction must be halted to avoid further damage.