The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) stated the planned hydro power plant in Nenskra, Georgia is does not comply with their standards. The project does not meet the banks’ requirements in the areas of human rights and environmental protection. Both banks will not hand out loans until those requirements are met. More than 96,000 of us signed the petition, our partner Bankwatch CEE handed the petition over to the two banks and together we put a hold on a hydro power plant threatening biodiversity and the livelihoods of villagers in the region. Take a look at other campaigns that could be of interest to you here. www.wemove.eu

96,022 of 125,000 signatures

Werner Hoyer, Vorsitzender der Europäischen Investitionsbank (EIB) und Sir Suma Chakrabarti, Vorsitzender der Europäischen Bank für Wiederaufbau und Entwicklung (EBWE)

Petition

We call on you not to sign the loan contract for the Nenskra hydropower project. The project threatens biodiversity and livelihood of villagers. It doesn’t comply with national legislation, transparent consultations were not held, and a proper cost/benefit analysis for Georgia and impacted communities is missing.

Why is this important?

Hydropower can be a great renewable energy solution under the right circumstances. In Georgia however, they are about to use European money to bankroll a completely disastrous project. But the final contracts haven’t been signed yet so there’s still time to stop it in its tracks.

The Nenskra hydro plant is to be built in a precious valley, destroying the pristine environment, threatening the livelihood of local villagers, and in the end, the energy it will create will be too expensive! [1]

Two European banks approved loans for one-third of the one billion dollars needed but before they sign the contracts they'll meet in Luxemburg next week. [2] They will hold a big public meeting where together with partners we will show up and raise our concerns. [3] Add your voice now so we can deliver calls from across Europe into the meeting next week. Sign now to stop Nenskra Hydropower plant.

References:

On costs: http://greenalt.org/wp-content/uploads/2018/09/Assessment_of_HPP_Cost_2018.pdf, https://bankwatch.org/press_release/in-georgia-leaked-contract-shows-nenskra-hydropower-project-to-cost-country-usd-60-million-a-year
EBRD has approved a loan of US $214 million https://www.ebrd.com/work-with-us/projects/psd/nenskra-hpp.html, EIB has approved a loan of US $150 https://www.eib.org/en/projects/pipelines/all/20150670
https://www.aiib.org/en/news-events/events/annual-meeting/overview/index.html
https://www.opendemocracy.net/en/odr/hydropower-project-georgia/
http://greenalt.org/wp-content/uploads/2018/09/Assessment_of_HPP_Cost_2018.pdf, https://www.imf.org/en/Publications/CR/Issues/2017/09/27/Georgia-Fiscal-Transparency-Evaluation-45274 in combination with the assessment of Green Alternative: http://greenalt.org/leaked-world-bank-report-depicts-georgias-nenskra-hydropower-project-as-major-liability/

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96,022

of 125,000 signatures

Recent comments

caroline

such a beautiful place and the reasons to do such a distructive thing do not make any sense.

Life and biodiversity ! Do not destroy it... the planet belongs to every living thing.

martin

Dams and reservoirs are unatural and destructive. Do not drown this beautiful valley!

Francis

This will threaten biodiversity and destroy the pristine environment, as well as threatening the livelihood of local villagers.

Sandra

Corporations think that people and the environment are disposable.

Valerie

Careful consideration needs to be given to huge projects of this size and the local environment.

Mike and Carol

It threatens biodiversity and livelihoods of villagers. National legislation is ignored. It is totally exploitative without any regard for all of the former.

Peter

For obvious environmental protection reasons and also as major projects should never be pushed through for ideological purposes, without a full evaluation of all relevant aspects - from economic to social and environmental.

Candy

This is wrong on so many levels, please don't do this.

Richard

There are other forms of renewable energy and these should explored fully over flooding this valley. Governments and big banks time and again keep getting things wrong this is a disaster in the making. “THE EYES OF THE WORLD ARE ON YOU” There are also some differing views out there warning of the debt that this project will incur and its huge and could destabilise the economy of Georgia. If you go ahead with this crazy project you lose this are of outstanding beauty forever!

Iris

Loss of habitat causes more harm than the gain from this green energy. Dams are not an ideal answer for providing renewable energy. There are already too many in N. America. They eventually lead to coastal erosion.

Jane

The environment is precious and irreplaceable

Find an alternative way to source renewable energy i.e windpower. It looks a hilly/mountainous region for wind turbines. Please do not create yet another ECO disaster.

Lynda

With advances in battery technology for storing solar power and wind power projects surely the need to go ahead with such a destructive project as this must be reconsidered and halted.

Angela

Environment and local impact should always trump short term economic gain. Catch up with what's really important.

Kati

Last year we were very lucky to visit Georgia for the first time, a very beautiful iconic country with an immense wealth of culture. It is not a wealthy country in economic terms. We saw a part of the area that is this project would flood. An area of huge natural beauty. It is not hard to see why a dam is being planned for this area - there is a river with immense power. So tempting to devise a prestigious engineering project to harness that power. But this is a top-down project that has not given due calculation to the immense harm that will be done to the local population. There is also a calculation that needs to be done that considers the local environmental costs of the attempt to harness this river. As well as the on-going environmental consequences. Across the world successive smaller interventions, taking in local knowledge and conditions are proving their worth. This country is rich in environmental wealth. Both that environmental wealth and the human costs of a project of this magnitude are not to be squandered; this project needs to be halted and re-thought.

Judith

It is important to stop this project for the sake of all the precious habitats and the wildlife it supports

Christine

Destruction is not progress

Rachel

This is outrageous. We cannot allow this to happen

Jonquil

Important to us all

Jan

Sad that such a pristine environment we be lost if this happens.

Anita

Why is it people with money can just come along and destroy other people's life's. This valley is just beautiful, please it as it is. Thank you.

Clare

I hope it is not necessary to destroy such a lovely village

Ralph

Money still talks, but wait until our World is in a REAL mess in the NEAR future. I certainly would not like to be in the shoes of the "decision makers", financiers, etc. There would be a breakdown of public order, and a return to bodies hanging in the town squares.

David

We are losing too many human habitats to large commercial companies .

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A huge dam is about to drown a beautiful valley in Georgia, threatening biodiversity and the livelihoods of villagers only to produce energy that's too expensive for locals.

To build it, two European banks have to sign off loan contracts. Let’s stop them, and put an end to this disastrous project!

Next week we will go Luxembourg, where the banks will be having a big public meeting, to deliver this call. Your donation will help us make this happen and allow us to continue to protect nature. Can you chip in?

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