Where we work

Bankwatch is a network of environmental and development organisations currently from 12 countries across central and eastern European. Monitoring the activities of international financial institutions, our work is not limited to our region. We work together with our partners also further east and south.

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Poland is hoping to use EU funds to construct municipal waste incinerators in 12 cities – this figure is up from the 9 that were planned in 2008. The total cost of the proposed incinerators will consume around 66% of Poland's Cohesion Funds money for waste management for the 2007-2013 period. Moreover, as potentially only half of the 12 planned incinerators will be ready to apply for EU funding within the present financial period 2007-2013, available waste funding will be blocked for developing alternatives such as separate collection and recycling schemes.

EU Funds
Resource efficiency

In order to improve the efficiency and safety of rail operations within the city of Tbilisi the EBRD together with the EIB is considering a loan of over EUR 290 million for the Tbilisi Railway Bypass Project. The main goal of the project to avoid the transit of hazardous freight (such as oil and oil products) through the middle of the city, but there are several deep concerns that undermine the project goals and cause a serious threat to Tbilisi’s population.

EBRD
EIB
Transport
Social & economic impacts

Prague motorway's ringroad R1 is a crucial part of the Czech Republic's Trans-European Network (TEN-T). However, some of the road sections being planned for construction are failing to fulfil TEN-T project criteria and their cost-effectiveness is highly questionable.

EU Funds
Transport

Against overwhelming public opposition, Brno hopes to relocate its main train station with the help of EU funding. Reconstructing the current station would be a much more effective use of public money and wouldn't complicate the lives of tens of thousands of people.

EU Funds
Transport

The currently proposed route for the new Brno-Vienna motorway via Mikulov and Drasenhofen, promoted by the Austrian and Czech governments, could become the most expensive and environmentally destructive way to link these two central European cities.

EIB
Transport

The D8 motorway is part of the Berlin - Prague - Budapest - Sofia - Istanbul European multi-modal transport corridor IV. The controversial history of its construction started fifteen years ago when the Czech government reapproved a motorway scheme that was conceived in 1963.

EU Funds
Transport