European Investment Bank Stops Funding Gilgel Gibe III

published 660 days, 5 hours, 41 minutes ago posted by adminadmin 660 days, 5 hours, 42 minutes ago
Monday, August 02, 2010 5:42:56 AM GMT Monday, August 02, 2010 5:42:22 AM GMT
The European Investment Bank said it has stopped funding environmental and social impact studies for the Gibe III hydroelectric dam project in Ethiopia. The Luxembourg-based bank made the decision after alternative funding was found, the EIB said in an e-mailed statement today. In the past, the bank has funded preliminary studies designed to help [...]

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