Economic justice policy officer
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In a last minute attempt to force facts on the ground, the Italian authorities have enabled the removal of a group of olive trees to make room for a future construction site of the Trans-Adriatic Pipeline (TAP), despite an earlier agreement between the company and local institutions. Nevertheless, the company has not been able to clear the site by the official deadline and the residents have vowed to step up their protest against the largest energy project the EU is currently pursuing.
Nenskra hydropower plant project, Georgia
May 5, 2017 | Read more
The European Bank for Reconstruction and Development (EBRD) is in the process of assessing a loan for the 280 megawatt Nenskra hydropower plant in Georgia. In March supplementary environmental and social impact assessments (ESIA) were released in order
Ukrainian company Myronivsky Hliboproduct PJSC (MHP) is a long-term client of both the European Bank for Reconstruction and Development and the World Bank Group’s International Finance Corporation. MHP development has faced local opposition in a number
While the EBRD is currently considering loans for the Trans Adriatic Pipeline (TAP) and TANAP, both part of the Southern Gas Corridor, the bank should asses the reputational and financial risks of involvement in the project.
Mongolia’s fragile economic situation, with its high deficit and increasing foreign debt, is putting the country on a risk map for foreign investment. Even so, the government and international financial institutions show no sign of adjusting their plan
