++ Other financiers must follow suit ++ The World Bank withdrew its funding for one of the two big hydropower projects inside MavrovoNational Park in Macedonia.
A new study, that Bankwatch published on December 11 deals with European public funding and EU companies, which are fuelling a wave of hydropower development and endangering pristine river environments in the Balkans: Pristine Balkan rivers threatened by European "green energy" funding for hydropower. In addition, a wonderful photo story gives you a vivid impression of the issue: Troubled beauty
Press release by Europa Nostra, European Investment Bank Institute and Cultural Awareness Foundation : Europa Nostra, the leading European heritage organisation, and the European Investment Bank Institute announce today the 14 monuments and sites shortlisted for ‘The 7 Most Endangered’ programme 2016 by an international panel of experts in various fields.
A wave of hydropower development fuelled by European public funding and EU companies is endangering pristine river environments in the Balkans, finds a new study by CEE Bankwatch Network released today. The extensive analysis shows that multilateral development banks are playing a key role.
++ EBRD and World Bank shall withdraw from projects – further assessment requested ++ For the time being, no hydropower projects are to be built in Mavrovo National Park in Macedonia. This was decided at the meeting of the Bern Convention Standing Committee – Europe’s most important nature convention – in Strasbourg last Friday (December 4, 2015)