North Macedonia: Complaint challenges unfair subsidy advantages for hydropower
July 1, 2019
North Macedonia’s renewable energy incentives scheme unfairly advantages small hydropower plants over other energy sources, shows a complaint submitted to the Energy Community [1] today by environmental groups Eko-Svest and CEE Bankwatch Network.
In Georgia, leaked contract shows Nenskra hydropower project to cost country USD 60 million a year
June 10, 2019
For immediate release. Prague, Tbilisi – A leaked contract between the Georgian government and the company behind the Nenskra hydropower project includes terms that indicate the project will incur massive losses for the state, according to a report broadcast on 8 June by the national television station Rustavi 2 [1].
Court cancels environmental permit for Buk Bijela hydropower plant
May 30, 2019
The Banja Luka District Court has canceled the environmental permit for the planned 93 MW Buk Bijela hydropower plant on the river Drina in Bosnia and Herzegovina, the Aarhus Resource Center in Sarajevo has announced today, following the court’s positive 13 May ruling on the Center’s complaint, CEE Bankwatch Network said in a press release. Court cancels environmental permit for Buk Bijela hydropower plant
Bosnia-Herzegovina: Environmental permit for Buk Bijela hydropower plant cancelled
May 30, 2019
The Banja Luka District Court has cancelled the environmental permit for the planned 93 MW Buk Bijela hydropower plant on the river Drina in Bosnia-Herzegovina, the Aarhus Resource Center in Sarajevo has announced today, following the court’s positive 13 May ruling on the Center’s complaint.
EBRD to Stop Financing HPPs in Protected Areas
May 28, 2019
The European Bank for Reconstruction and Development (EBRD) has announced that starting from January 1, 2020 it will not finance hydropower plants (HPP) projects in areas with high biodiversity. EBRD to Stop Financing HPPs in Protected Areas
EBRD to Stop Financing HPPs in Protected Areas – Exit – Explaining Albania
May 28, 2019
The European Bank for Reconstruction and Development (EBRD) has announced that starting from January 1, 2020 it will not finance hydropower plants (HPP) projects in areas with high biodiversity. EBRD’s new environmental and social policy sets stricter
BERZH ndryshon politikat mjedisore, nga 2020 nuk financon më HEC-e në zonat e mbrojtura
May 22, 2019
Banka Evropiane për Rindërtim dhe Zhvillim (BERZH) njoftoi këtë muaj se nga 1 janari 2020 do të kushtëzojë financimet e saj për ndërtimin e HEC-eve në bazë të politikës të re mjedisore dhe sociale të bankës. Ajo zotohet të mos financojë më projekte në
EBRD tightens standards in response to Balkan hydropower boom
May 16, 2019
As a result of public resistance to small-scale hydropower projects in the Balkans, from the beginning of 2020, the EBRD will ask commercial banks to refer all high-risk projects – including all hydropower plants – for additional checks. The EBRD also requires them to meet higher environmental standards than previously. The bank will ask that such projects are disclosed to the public on the financial intermediary’s website, finally increasing disclosure on these hitherto hidden projects.
Nenskra hydropower project: May 2019 update
May 14, 2019
Given the complexity of the Nenskra project and its immense impact on indigenous Svan communities and the country’s fiscal stability, the EBRD should take responsibility and not provide financial support until the project is properly assessed. Read mor
Five reasons why EBRD should pull out of the controversial Nenskra hydropower project
May 8, 2019
As the realisation of the project keeps dragging on, it is becoming increasingly difficult for the EBRD, and all international financial institutions involved, to justify their engagement.
