Five reasons why EBRD should pull out of the controversial Nenskra hydropower project


As the realisation of the project keeps dragging on, it is becoming increasingly difficult for the EBRD, and all international financial institutions involved, to justify their engagement. The Georgian government is nowadays promoting the construction of over 30 new hydropower plants throughout the country’s mountainous regions, with the billion dollar Nenskra hydropower plant in the Upper Svaneti region being …