PRESS RELEASES |
HIGHLIGHTS |
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New report says risky Georgian dam is risky businessJune 26, 2009
![]() Bankwatch member group Green Alternative today released
a new report questioning the ongoing World Bank support for the
controversial Khudoni dam project in northwest Georgia. In light of the conflict with Russia in August 2008, the report notes with particular alarm the Bank’s insistence that the Khudoni project should be considered a strategic and secure long-term energy sector investment. |
EBRD enthusiasm for central Asian gas a step in the wrong directionJune 26, 2009
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Last week's widely reported announcement that the European Bank for Reconstruction and Development (EBRD) is eager to take a lead financial role in the controversial Nabucco gas pipeline was received with disappointment by NGOs in the region.
Just a month after discussions with civil society at its Annual Meetings, during which the EBRD confessed that the failure of the growth model it has promoted in central and eastern Europe (CEE) is due in part to an over-reliance on commodities and under-investment in energy efficiency measures, the EBRD is again backing a megaproject that would do little to address either issue. Read more here about what's wrong with the Nabucco pipeline and what the EBRD could be doing to promote sustainable energy futures in CEE. Deja-vu at Bonn climate talks
June 5, 2009
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CAMPAIGN SPOTLIGHT |
NEW DOCUMENTS |
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Porto Romano thermo-power plant, AlbaniaUnder the terms of a memorandum of understanding (MoU) for the development of the energy sector in Albania, Enel agreed to construct a coal fired thermo power plant (TPP) and a transmission line to Italy. According to the environmental assessment study, the plant would consist of two 800 MW coal-fired units, a jetty for handling the imported coal, a transmission line connecting the local substation to Tirana's main substation and an undersea transmission line linking the facility with Italy. Half of the energy produced will be exported to the Italian market, provoking complaints that Italy is exporting its pollution to Albania instead of reducing it. |
Worldbank response to open letter calling for cancellation of Moynak Electricity Transmission Project
June 19, 2009
Letter to World Bank Vice-president calling for immediate cancellation of Moynak Electricity Transmission Project
June 5, 2009
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