Europe’s wildlife guardian has sent a warning to Georgia over changes to a protected area in the Caucasus mountains. International lenders are interested in financing hydro developments in the region
Europe’s wildlife guardian has sent a warning to Georgia over changes to a protected area in the Caucasus mountains. International lenders are interested in financing hydro developments in the region.
Free-flowing rivers are often the unsung heroes of the natural world. They support immense biodiversity, as in Macedonia, where the Mala Reka nourishes the scenic Mavrovo National Park, the country’s largest. The park is home to fifty animal species, 129 species of birds, and over a thousand invertebrate species - many of which are strictly protected.
The EBRD has failed to properly assess 3 hydro projects it has approved for financing in Macedonia, Croatia and Georgia, according to bank internal investigations initiated after formal complaints by Bankwatch member groups
