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Response by European Investment Bank
Author: European Investment Bank, Published on: 20 July 2020
...The EIB welcomes constructive comments from interested stakeholders regarding its projects and activities, and appreciates the opportunity to comment on your report. We regret however not having been contacted prior to the publication of this report, which may have avoided some misleading statements and outdated information.
We would first like to inform you that, contrary to what is stated in your message, the EIB has not been involved in the financing of the Amulsar gold mine in Armenia. Similarly, the EIB loan for the Nenskra hydropower plant in Georgia has not been signed and there is currently no EIB financing in place for this project. Information on the status of the EIB loan for this project, together with environmental and social documents related to the project, are published on the EIB website.
With regard to the Yerevan Solid Waste Project, for a total cost of EUR 28.4m, this project has undergone a stringent and comprehensive appraisal to ensure all applicable standards and criteria are fully respected...