Archive | February, 2008

EIB prepared to dig deeper into troubled Ethiopian dam project warns new report

Serious question marks over the ongoing involvement of the European Investment Bank (EIB) in a hugely controversial Ethiopian dam complex have been raised by a report released today by Counter Balance, a newly formed coalition of European NGOs focusing on the EIB’s activities in developing countries. [1] While the World Bank has publicly pulled out […]

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Gilgel Gibe Affair

The Gilgel Gibe affair: an analysis of the Gilbel Gibe hydroelectric projects in Ethiopia

The study illustrates the dangers that accompany large energy infrastructure projects whenever the interests of a major private company coincide not only with weak governance in the host country but also very clear willingness from financial institutions to provide funding, in spite of alarming project oversights and impacts. The study shows how goals to eradicate […]

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