Economic justice policy officer
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A project financed by the European Bank for Reconstruction and Development (EBRD) in the Odessa region of Ukraine has this week been the scene of clashes between 300 police officers and villagers resisting the routing of high voltage power lines through their village. The EUR 25.8 million Odessa High Voltage Grid Upgrade project is being implemented by Ukraine’s national electricity company Ukrenergo in violation of agreements with the EBRD, the international public development bank and backer of the project.
The letter calls for President Mirow to ensure an inclusive debate about the banks role and priorities while the EBRD’s undertakes its Capital Resources Review 4 (CRR4). Bankwatch request that the bank consults external stakeholders about the review, and that background materials related to the process are publicly disclosed in a timely manner. President Mirow responded to our letter on January 14, 2010. Download his response in pdf here.
As the EIB considers financing the Nabucco Gas Pipeline project, the letter requests the bank to take into account the serious human rights violations occurring in Turkmenistan, as exemplified by Mr. Zatokas case.
