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July 2020

Both the ADB and EBRD have agreed to fund the project, and limited dispersion has begun.

Since development banks operate outside the jurisdiction of international law, the National Trust of Georgia (NTG) and The Green Alternative have lodged complaints with the only authority available – the Banks’ own internal accessors. But the ADB’s declared the NTG’s criticism “ineligible, and the EBRD’s Independent Project Accountability Mechanism refuses to consider alternative routes and can take up to three years – during which the valley will be lost. The Chinese contractors have just begun construction and already breached Georgian law – leading to demonstrations by locals. The Banks say construction is the Georgian government’s responsibility. But the NTG say ultimate fault lies with the Banks, whose accountability is outdated and requires far closer scrutiny.