Tag: <span>Adapting to Climate</span>

At the time of Climate COP Rogun HPP Project is causing schizophrenia among international finance institutions

As the climate COP is coming, every bureaucratic trickster is seeking to promote its favorite “false solution” for climate adaptation and mitigation. Proponents of the giant Rogun HPP Project in Tajikistan are no exception in this regard. International Monetary Fund justifying unjustifiable The IMF released on November 8 a Technical …

As The Hydropower Fails, for Africa the Future is Solar (but some slip into coal)

The Kariba Reservoir on Zambezi River shared by Zimabawe and Zambia has long suffered from the lack of water and threatened to leave population without electricity. It finally happened in 2024, when the biggest reservoir in the world holding 185 cubic kilometers of water, pactically stopped generating any meaningful amount …

Civil society organizations and bankers discuss the Rogun HPP Project completion

RwB Coordinator, Eugene Simonov addresses the AIIB President Jin at the meeting between CSOs and the AIIB Management. Photo: Rogun Alert Coalition. The issue of financing the Rogun HPP construction in Tajikistan, which has dangerous negative impacts on natural ecosystems and local communities, emerged as the main project discussed in …

The World Bank Response: Megadams is the New Bretton Woods’ Answer to Climate Change

 In March 2024 17 civil society groups sent an appeal to the World Bank and 10 more international banks and funds urging them to rethink approach to the Rogun Hydro in Tajikistan. After 40 days of silence The World Bank issued a detailed response which, instead of answering specific questions …

International Energy Agency: “Hydropower is particularly sensitive to the cost of capital”

Hydropower issues in the IEA report on “Reducing Cost of Capital” The International Energy Agency issued an interesting report on reducing the cost of capital for “clean energy”, including hydropower. The Rivers without Boundaries considers it a timely publication in the era of rising interest rates, and is happy to …

Hydropower stepped down as the global renewable power champion

A year earlier than it was previously forecasted to happen the installed capacity of solar power plants reached 37% of all global renewable energy, which left hydropower behind with 33%. Renewable Capacity Statistics 2024 released by the International Renewable Energy Agency (IRENA) shows that 2023 set a new record in …