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.
Close to frontline communities
We’re in direct contact with affected communities and provide updates from their struggles.
Image (c) Rosa Vroom
Where rights are on the line
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
Boskov most hydropower plant, North Macedonia
Boskov Most was one of 18 hydropower greenfield projects planned by the North Macedonian government in the Mavrovo National Park. After five years of campaigning, we convinced the European Bank for Reconstruction and Development about the folly of this project and to cancel its EUR 65 million loan. Without its major source of funding, the project lost steam and was discontinued.
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
Serbia’s renewable energy law must prioritise both environmental and financial sustainability
Blog entry | 13 January, 2021As Serbia starts the development of a new renewable energy law, it needs to prevent more public money being used for environmentally damaging hydropower projects and make its incentives scheme more financially sustainable.
Read moreEU state aid rules must finally end environmentally harmful subsidies for energy projects
Blog entry | 12 January, 2021As the European Commission reviews its Guidelines on State Aid for Environmental Protection and Energy, it must finally stop subsidies for activities contradicting EU climate and environment policies.
Read moreEU Ombudsman launches investigation into financing of Europe’s largest fossil fuels project
Press release | 17 December, 2020The European Investment Bank (EIB) has dangerously downplayed the contribution of the controversial Southern Gas Corridor to the unfolding climate crisis, according to a complaint that prompted the European Ombudsman to open a formal inquiry.
Read moreRelated publications
CEE Bankwatch Network additional input for the EEAG public consultation
Official document | 12 January, 2021 | Download PDFCEE Bankwatch Network additional input for the EEAG public consultation
Pollution of land, surface and groundwater near the slag and ash disposal site of Tuzla thermal power plant
Study | 18 December, 2020 | Download PDFFrom 1 March – 31 August 2020, an analysis of water and soil samples was conducted in the area of influence of the closed slag and ash disposal sites in Tuzla, Bosnia and Herzegovina (BiH) – Plane, Divkovići I, Divkovići II, Drežnik and Jezero I – as w
The EIB’s empty promises on human rights
Briefing | 12 November, 2020 | Download PDFThis briefing is extracted from a broader report carried out by NGOs CEE Bankwatch Network and Counter Balance regarding the European Investment Bank’s (EIB) track record in the development field. Over the last decades, in solidarity with numerous citi
