Environment
Investors: Georgia’s Nenskra Dam violates Svan rights
The Nenskra hydropower plant in Georgia’s Svaneti region has been found to be ‘non-compliant’ with a series of standards required by the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB), two of the project’s major investors. Other investors into the $1 billion dollar project include the Asian Development Bank, the Asian Infrastructure Investment Bank, and the Korean Development Bank. The EBRD and EIB have approved $214 million and $150 million lo
