Green Home files criminal complaint over Bijelo Polje SHPP plan

Environmentalist organization Green Home has said it raised a criminal case with the Supreme State Prosecution Office of Montenegro against officials it claims are responsible for abuse of power in the procedure of project development for small hydropower plant Lještanica. Decision makers from the departments for spatial planning and rural and sustainable development in Bijelo […]

EBRD, GCF roll out climate finance line for Serbia’s UniCredit Leasing

The European Bank for Reconstruction and Development said its cooperation with Green Climate Fund and the government of Luxembourg resulted in support for small and medium-sized enterprises (SMEs) in Serbia. Namely, EBRD revealed they secured EUR 20 million for climate mitigation and resilience projects through UniCredit Leasing Srbija Doo. The provider of financial services is […]

Damage from small hydropower is much larger than gains, study finds

The Balkans and Turkey are examples of how quickly free-flowing rivers and river stretches “can be degraded by being turned into impoundments,” World Wide Fund for Nature warned after publishing a study it commissioned together with RiverWatch, Geota and EuroNatur. Environmentalists said hydropower puts “tremendous pressure on Europe’s biodiversity, and for specific projects a disregard […]