The Georgian Mining Sector Strategy approved by the Government of Georgia is not a national policy adopted with participation of stakeholders; therefore, it must be revoked
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
New comprehensive assessments of project alternatives, climate risks, and environmental and social impacts are necessary if the project will ever restart
Luxembourg, Prague, Tbilisi – Representatives from the “Stop Nenskra” campaign [1] showed up in Luxembourg at the Asia Infrastructure Investment Bank (AIIB) annual meeting on July 12th and delivered a petition
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
New information reveals the disproportionate price that Georgia’s government guarantees to pay for electricity from the Nenskra dam. The increasingly unfavourable economics strengthen calls to finally make the project’s contract publicly available
The following are comments from the Green Alternative to the EBRD draft country strategy for Georgia released on August 3, 2016. We hope that our comments will be taken into account and the final strategy will address properly existing challenges
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.
Protests have in recent weeks broken out across rural Georgia after construction resumed on several large hydropower projects financed by the European Bank for Reconstruction and Development (EBRD)
For the last decade, the government of Georgia has promoted hydropower as a way of tackling energy security and turning the country into a regional energy player. The EBRD has been one of the key catalysts of this hydro boom
