May 5, 2021
Water is leaking out of Shuakhevi hydropower plant’s recently reopened dam again. With three international financial institutions involved, who’s responsible for the safety of this USD 420 million project?
May 14, 2015
For Shuakhevi as with other large dams recently built or planned in Georgia, it all adds up for western planners and financiers. The final bill for the Georgian population and environment, though, is still a long way from being finalised.
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.