Lynxed in: EBRD still can’t say no to destructive Macedonian dam
December 17, 2015
The latest blow to the highly controversial 68 megawatt Boškov Most hydropower plant, that has attracted EUR 65 million in financing from the European Bank for Reconstruction and Development (EBRD), was dealt in early December by the Standing Committee of the Bern Convention, the European wildlife treaty.
Reckless dam financing rampant in the Balkans
December 17, 2015
A new Bankwatch report has found that loans totalling EUR 818 million from international public ‘development’ banks have supported 75 hydropower projects in the Balkans, including 30 which directly affect protected areas such as national parks, Natura 2000 sites and Ramsar sites.
IFIs EIB-EBRD-IFC-KfW financing HPPs in South East Europe against environment impact rules
December 16, 2015
Construction of HPPs in South East Europe countries seems to be very attractive for international banks and lenders like EIB-EBRD-IFC-KfW. Austrian companies and banks seems to be very interested in financing risky and non environment friendly projects in the region. Standards which are applied in EU does not seems to be a rule for international financiers. Latest Euronatur&Riverwatch report on HPPs financing in SEE reveals the investors interest in projects described as environment risky.
Prąd z wody straszy Gruzinów. Chcą zatapiać całe wsie
December 16, 2015
– Gdy budowali elektrownię, w ogóle nie było mowy o żadnym zagrożeniu. Nawet nam nie tłumaczyli, na jakiej zasadzie będzie ona działać. Dopiero teraz dowiadujemy się o niebezpieczeństwie – tłumaczy Eteri.
Improvements needed in transparency and environmental soundness of EBRD-financed hydropower facilities
December 15, 2015
In light of the worrying findings of a study on hydropower projects in southeast Europe – most notably the high number of projects in protected areas – this letter asks the European Bank for Reconstruction and Development to better implement its environmental and social policy and hydropower sustainability criteria, establish no-go zones in protected areas and rivers of outstanding quality, and disclose project information about projects with a clear environmental impact which are financed through financial intermediaries.
Infographics: Pristine Balkan rivers threatened by European “green energy” funding for hydropower
December 14, 2015
A wave of hydropower development fuelled by European public funding and EU companies is endangering pristine river environments in the Balkans.
Study: Development Banks Financing HPP Projects at Protected Sites in Balkans
December 14, 2015
A wave of hydropower development fuelled by European public funding and EU companies is endangering pristine river environments in the Balkans, finds a new study released last Friday by the Central and Eastern European (CEE) Bankwatch Network.
Major banks put up nearly €1bn for controversial Balkan dams, says report
December 11, 2015
Multilateral development banks are funding a roll out of hydropower projects in national parks, world heritage sites and conservation zones across the Balkans International banks have ploughed hundreds of millions of euros into a wave of hydropower pro
New Bankwatch study: European “green energy” funding for hydropower threatens pristine Balkan rivers
December 11, 2015
Radolfzell, Vienna, Prague – A wave of hydropower development fuelled by European public funding and EU companies is endangering pristine river environments in the Balkans, finds a new study by CEE Bankwatch Network released today.
Major banks put up nearly €1bn for controversial Balkan dams, says report
December 11, 2015
Multilateral development banks are funding a roll out of hydropower projects in national parks, world heritage sites and conservation zones across the Balkans International banks have ploughed hundreds of millions of euros into a wave of hydropower projects sweeping across many pristine national parks and environmentally-protected regions in the Balkans, according to a new report.
