Whether in Europe or beyond, public money must not become an auxiliary for human rights violations or the marginalisation of affected communities.
We expose cases where development banks fail to protect those impacted by their projects.
We advocate for participation and consultation processes that are not pro-forma exercises, but a tool to ensure people’s well-being.
We run a helpdesk where activists and communities can get advice on how to challenge controversial projects being considered for funding by development banks.
Close to frontline communities
We’re in direct contact with affected communities and provide updates from their struggles.
Image (c) Rosa Vroom
IN FOCUS
The Reconstruction of Ukraine
The scale of destruction caused by Russia’s aggression against Ukraine has been staggering. To repair the damage, joint efforts to coordinate donations and properly plan Ukraine’s reconstruction must start as soon as possible.
A successful reconstruction of Ukraine cannot happen without involvement of the Ukrainian people. That’s why we’re calling on international donors to ensure that the financial structures to help impacted communities are put in place and that civil society groups have a say in this process.
We believe that Ukraine and the international community have a unique opportunity to modernise the country while addressing people’s needs and long-term sustainability.

Amulsar gold mine, Armenia
The controversial Amulsar gold mine near the touristic spa town of Jermuk was supported by the EBRD equity investments, but blocked by locals after the velvet revolution in 2018. In spite of a number of legal threats and intimidation by the company, the blockade continued till the eruption of military conflict overNagorno Karabakh (Artsakh) at the end of 2020.

Myronivsky Hliboproduct (MHP), Ukraine
The leading Ukrainian agribusiness giant has been enjoying generous support in public funds and national subsidies. With over half a billion euros from the EBRD, EIB and the IFC, Myronivsky Hliboproduct PJSC (MHP) has grown into a near monopolist in poultry production. While MHP’s vertically integrated model has contributed to its status as a leading Ukrainian agribusiness, the scale and nature of its business have also contributed to mounting concerns about its social and environmental impacts. These concerns are compounded by patterns of poor community consultation and a lack of information provided about MHP’s operations, leaving project-affected people guessing about the true impacts of its operations.

Corridor Vc motorway, Bosnia and Herzegovina
The Bosnian section of the international Corridor Vc is planned to run for 330 km through Bosnia and Herzegovina. Concerns about environmental impacts and threats to cultural heritage were raised by local people and cultural figures. The public discussions about the project have led to a series of scandals and a deadlock of the motorway’s development.

More of our projects
ARCHIVED: Minerals mining and supply chains
Global demand for minerals and other critical raw materials is intensified by the just transition to renewable energy and the digital transformation agenda. Therefore sustainable supply chains of minerals are fundamental to addressing the climate crisis and the Covid-19 crisis that humanity is facing today. The European Union needs to innovate and find solutions to achieve its circular economy and resource use reduction objectives and to meet the demand of EU’s industry and consumers, while still protecting communities and nature threatened by mining.
OUR PAST WORK ON: Export Credit Agencies (ECAs)
With many billions of dollars at their disposal, export credit agency finance far outpaces that of development banks and yet avoids the same public scrutiny. Most money flows into large infrastructure projects in politically-volatile countries that oft
ARCHIVED: Kresna gorge / Struma motorway, Bulgaria
The Struma motorway is tragically emblematic of an EU-funded project that has wrought havoc on European biodiversity and the wishes of local communities. In spite of two decades of protest by civil society and citizens, part of the Struma motorway section is planned directly through the Kresna gorge, a Natura 2000 site and Bulgaria’s richest biodiversity hotspot.
Latest news
Ringing the bell for gender equality and diversity: European public banks must do more for women’s rights and economic empowerment
Blog entry | 7 March, 2025In the current age of ‘competent white men’, ‘traditional family values’ and the EU’s simplified sustainable finance regulations, what lies in store for the inclusion and equality policies of Europe’s public development banks?
Read moreWhy China is Building a New Road to Russia
Bankwatch in the media | 26 February, 2025“The Khada Valley is a very small valley. It’s located very close to the capital [Tbilisi] and it’s unique in terms of its cultural heritage,” said Manana Kochladze, the human rights and democratisation lead at Bankwatch.
Read moreGuidelines for selecting just transition projects in Ukraine
Blog entry | 20 February, 2025Despite the ongoing war, Ukraine remains steadfast in its commitment to a just transition. As an EU accession candidate, Ukraine must integrate the Just Transition Mechanism’s principles and criteria into its national policies. Since Ukraine plans to join the EU before its coal phase-out in 2035, the Just Transition Fund regulation provides the most relevant framework for meeting these requirements.
Read moreRelated publications
Reforming public investment management in Ukraine: An analysis of Ukraine’s Single Project Pipeline
Report | 7 March, 2025 | Download PDFThis report assesses the state of public investment management in Ukraine during the current transitional phase as well as the quality of project concepts within the Single Project Pipeline.
Open letter from civil society to the EU on the Ukraine Facility
Joint letter | 28 February, 2025 | Download PDFThis joint letter from Ukrainian and European civil society organisations urges the EU to improve the Ukraine Facility by enhancing transparency, environmental safeguards, civil society participation, and municipal funding. These recommendations aim to
Countering shrinking space: How multilateral development banks can empower civil society in the Western Balkans, Caucasus and Central Asia
Report | 25 February, 2025 | Download PDFThis publication examines how multilateral development banks have failed to adequately protect civil society in the Caucasus, Western Balkans, and Central Asia.