EcoLur Inviting To Discuss Hot Topic: SHPPs Under Umbrella of International Financial Institutions

EcoLur Inviting To Discuss Hot Topic: SHPPs Under Umbrella of International Financial Institutions

EcoLur

On 2 October EcoLur Press Club will host the presentation and discussion of EcoLur’s report entitled “SHPPs under Umbrella of International Financial Institutions” at 12:00 p.m.. The report presents the problems of SHPPs in certain case studies. The adversary effects of SHPP operations are already observed, which are connected with environmental flow, cumulative effects, loss of biodiversity, forest felling and landslides. SHPPs cause serious problems. The residents don’t benefit from SHPPs in any way, which deteriorate their habitat and life quality. The land owners, on whose land areas the SHPPs are constructed, are not protected with law.

The SHHPs in Armenia turn into a field of high incomes in Armenia, where the interests of top officials are focused on. Through SHHPs energy producers are provided guarantees ensuring high prices of electricity purchase and the absence of any competition. The Environmental Expertise violates the environmental legislation in the most cases of issuing an opinion to SHPP projects. Small hydropower has a number of privileges for the IFIs operating in this field (the European Bank for Reconstruction and Development, European Investment Bank, KfW German Development Bank, International Finance Corporation - IFC), first of all, it’s worldwide ecological umbrella in the form of the Kyoto Protocol and Clean Development Mechanisms (CDM).

EcoLur expressed its gratitude to Visegrad fund for the opportunity to carry out studies in the frames of the project  "EU Funds in the V4 and Lessons for the Neighborhood".

We invite public representatives, development banks, research organizations, parliament and press to take part in.

October 01, 2013 at 14:26


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