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Turning the Tide

Our new documentary exposes the role of four of the world’s leading multilateral development banks (MDBs) – the World Bank, the European Investment Bank, the European Bank for Reconstruction and Development and the Asian Development Bank – in enabling the fossil fuels industry, not least during the warmest decade on record.

 

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We expose the risks of international public finance and bring critical updates from the ground. We believe that the billions of public money should work for people and the environment.

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NEW EPISODE

Cash for just transition: are CEE countries ready to spend it well?

Listen to the new episode of the BankWatch Podcast

The EU is making tens of billions of euros available for the transition of European coal regions, both from the dedicated Just Transition Fund and from other budgetary sources. Countries in central and eastern Europe are in the process of finalising spending plans, to show the Commission how they want to use the cash. How far along are they in the process, how inclusive were governments of the affected communities and – the key question – are authorities in the region planning to spend the money on the right things?

BankTalks Podcast (1)

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New beginnings at 30: can the EBRD leave behind fossil gas to become a bank fit for our futur

OUR FOCUS

Beyond coal

Coal is an outdated industry on its last leg. Public finance can move our economies in a new, socially responsible direction.

Rights, democracy, development

Public money must not become an auxiliary for human rights violations or the marginalisation of affected communities.

A people’s budget

The key to unlocking a positive new vision for Europe is rethinking the EU budget for a more equal and sustainable economy. An economy based on well-being.

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