We challenge international financial institutions not to finance environmentally and socially harmful investments.
We call for public money being spent on climate-friendly development that is not driven by economic growth per se but by benefits to society and the environment in economically sustainable ways.
Countries in south-eastern Europe are strategic partner countries for the EU's energy sector. They also have high ambitions for coal power. The planned energy investments in central and eastern Europe would bring staggering amounts of coal capacities and devastating climate and health impacts.
The Southern Gas Corridor, a system of mega-pipelines meant to bring gas from the Caspian region to Europe, is unnecessary in light of gas demand projections but will boost Azerbaijan's dictatorial regime and cause damage to local communities and the environment.
Europe offers hundreds of millions for Ukraine's plans to keep old nuclear reactors running. But neglect of safety at Ukraine's nuclear power plants extends beyond Chernobyl.
Projects we monitor
See below a list of projects monitored by Bankwatch that receive or may receive international public finance.