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.
In Georgia’s staggering mountains, a largely unexploited hydropower potential has attracted private investors, the Georgian government and international lenders. Many hydropower projects, however, pose risks for locals that are largely being underestimated or ignored.
Projects we monitor
See below a list of projects monitored by Bankwatch that receive or may receive international public finance.