January 23, 2015
Protests against a new Kronospan formaldehyde plant in the Romanian town of Sebes continue into their third week. Their history dates more than ten years back when the company came to modernise the local plant with financing from the European Bank for Reconstruction and Development. The ongoing demands for breathable air cast a shadow over the EBRD’s promises of sustainable development and transition.
December 9, 2014
Herders in the Mongolian Gobi Altai mountains are facing pollution and displacement by an iron ore mine. The mining company Altain Khuder responds to criticism with intimidation. The financier, the European Bank for Reconstruction and Development, is not doing enough to protect herders’ rights.
October 6, 2014
Georgian Urban Energy (GUE), the company in charge of constructing the Paravani hydropower plant (HPP), has been keeping secret a study on the potential flooding risks associated with the facility, despite requests and promises from the EBRD that such an analysis would be made public.
When water mixes with coal – The impacts of the floods in Serbia on people living next to lignite mines
May 30, 2014
People living next to the Kolubara lignite mine in Serbia have suffered more under the floods due to the vicinity of the mine. Their demands for resettlement and compensation have now become more urgent than ever.
April 16, 2014
One year after a landslide destroyed thirteen houses the Kolubara mining company continues to dump waste in the same area without information from its investigations forthcoming. Locals fear that more landslides may occur. Bankwatch member group CEKOR has now increased pressure on the company and the EBRD.
March 20, 2014
Local development and investments in resource extraction rarely go together hand in hand. Bankwatch’s Media coordinator David Hoffman reports back on a recent visit to the EBRD sponsored Patos Marinza oil field in Albania. The case provides valuable lessons for the current revision of the EBRD’s safeguard policies.
‘Fools and liars’ – major new report slams mega-dams, as tensions rise over Georgia’s Khudoni project
March 20, 2014
A new report published on March 10 by a team of researchers from the University of Oxford, based on the largest ever study of large hydroelectric dams (245 in 65 countries) has found that in most cases large dams are economically not viable and few, if any, will realise their planned benefits. The study assessed the costs, construction time, and benefits of all large dams built around the world since 1934, and further concluded that the severe cost and construction delays that so often dog large dams (defined in this research as those that exceed 15 metres in height) mean they can be seriously damaging to the economies that attach so much hope to them.
February 27, 2014
Georgian public opinion backs the village of Kaishi in the Georgian mountains that defiantly defends its land and tradition against the planned Khudoni dam. The project promoters have now embarked on an all-out promotion campaign including a fake non-governmental organisation.
[Campaign update*] Georgian government and investors reject Ombudsman’s offer to mediate in controversy over Khudoni mega dam
February 6, 2014
The growing antagonism between promoters of the Khudoni hydropower plant project in Georgia and their local opponents from Kaishi is unlikely to ease when the investor and the Georgian Ministry of Energy boycott mediation by Georgia’s Ombudsman.
November 15, 2013
The European Bank for Reconstruction and Development helped solve conflicts between locals and Ukrainian state company Ukrenergo about an EBRD financed transmission line. On close inspection, the case illustrates that without close monitoring and support for local communities, it is left to chance and locals’ dedication that conflicts are being noticed in the first place.