Pippa Gallop In 2015, Privredna Banka Zagreb (PBZ), part of Intesa Sanpaolo, extended EUR 1 million to a hydropower plant as part of an EBRD-financed sustainable energy credit line. What at first appeared to be a harmless watermill conversion soon turned into destruction of a priceless habitat. It is a remarkable river, teeming with life,… Continue reading Why even small hydropower plants shouldn’t be built in protected areas: photo evidence
Tag: Croatia
Small hydropower plants damaging Balkan landscapes
Eight hydropower projects in Albania, Croatia and Macedonia financed with European public money have damaged biodiversity and are in urgent need of increased monitoring and restoration measures, says a study by CEE Bankwatch Network. See the full the study and available languages The hydropower plants were enabled by support from the European Bank for Reconstruction and… Continue reading Small hydropower plants damaging Balkan landscapes
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