CEE Bankwatch Network

At the European Bank for Reconstruction and Development (EBRD) Annual Meeting in Riga, we’ll be drawing attention to projects where development financing has come at a huge cost to local communities and the environment.

🛣️ One example is the North–South Corridor in Georgia – supported by the EBRD and part of a wider highway expansion programme.
This project has had devastating social, environmental and cultural impacts, including:
🏗️ environmental risks linked to construction and waste disposal;
👷‍♀️ recurring concerns over worker health and safety;
🤐 harassment of affected communities and silencing of local voices; and
⛪ damage to the Khada Valley’s cultural heritage.

We’re calling on the EBRD and the other banks involved to ensure that infrastructure investments deliver public benefits without leaving communities to bear the costs.

Get in touch if you’d like to discuss this in Riga!

🔗 Read more: https://bankwatch.org/project/georgia-s-east-west-and-north-south-road-projects-counting-the-true-costs-of-highway-expansion