Georgia’s precious Khada Valley at risk due to a new road to Russia
Scientists, civil activists and the local community unite and call on Europeans to join the petition to save the exceptional biodiversity and precious cultural heritage in Khada.
Scientists, civil activists and the local community unite and call on Europeans to join the petition to save the exceptional biodiversity and precious cultural heritage in Khada.
Significant failures were found in the project’s compliance with the environmental and social policies of the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB).
To “better connect the Caucasus to Russia,” a new road project, Kvesheti-Kobi, is planned to be realized in Georgia. This road section will be part of a north-south corridor that passes the Caucasus and serves to connect the region to Russia
Georgia’s Shuakhevi hydropower plant (HPP), which once promised to bring energy independence to the country but collapsed soon after becoming operational in 2017, has come back to life. But its return has not been welcome
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.
Today the Asian Development Bank started its annual meeting and one of the projects that we will be discussing with the bank’s management and Board of Directors is a loan for the 280 megawatt Nenskra hydropower plant in the Svaneti region of Georgia. The ADB is planning to provide a loan of USD 176.70 million and a Political Risk Guarantee over USD 100.00 million for Nenskra, with a total cost of the project of USD 930 million.
The Asian Develoment Bank (ADB) together with the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) is in the process of assessing a loan for the 280 megawatt Nenskra hydropower plant (HPP) in the Svaneti region of Georgia.
As rains cause mudflows in Georgia's mountains, locals from different regions unite to protest hydropower developments in geologically unstable areas. In the night of June 30, strong mudflow hit the village of Nakra in Upper Svaneti, in Georgia’s Caucasus mountains, damaging several properties and destroying two bridges.
The Asian Develoment Bank (ADB) is in the process of assessing a loan for the 280 megawatt Nenskra hydropower plant in the northwest of Georgia. The project is under appraisal for co-financing by the European Investment Bank
The military conflict of August 2008 between Russia and Georgia brought misery to thousands of people who lost their beloved, their homes, or both. In response, and following swiftly on from ceasefire operations, the international donor community