Throughout 2014, Bankwatch continued to focus on influencing EU funding for sustainability and opposing harmful allocations.
In May, following active campaigning against fossil fuels, Bankwatch scored a significant victory when the EBRD adopted a new energy sector strategy that largely stopped its funding of new coal projects, with the temporary exceptions of Kosovo and Mongolia.
One of our major campaigns during the year highlighted the ongoing threats to the Balkan lynx and Mavrovo National Park. We also advocated against mandatory biodiversity offsetting and engaged in EU climate policy discussions.
Bankwatch’s annual meeting took place in Georgia, where the network was actively involved in environmental issues throughout the year, particularly concerning controversial hydropower projects.