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
Indorama Agro: Uzbekistan’s infamous cotton producer
Despite being Uzbekistan’s largest cotton producer and receiving millions in development loans from the European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB) and the International Finance Corporation (IFC) – institutions that promote modernisation and corporate responsibility – Indorama Agro faces multiple complaints of worker mistreatment and retaliation.
Zarafshan, Bash and Dzhankeldy wind projects, Uzbekistan
The first large wind projects in the Central Asian country are being built in biodiversity hotspots and hinder the declaration of protected areas. The IFC, EBRD and ADB need to ensure that some of the most problematic turbines are moved away.
The Khada Valley, Georgia
The Khada Valley in Georgia brings together exceptional biodiversity, precious cultural and archeological heritage, and mountainous villages which have preserved rich traditions and historical lifestyles. But all of this might vanish if a 23-kilometer road from Georgia to Russia – the Kvesheti-Kobi project – is built.
Latest news
Karaganda, Kazakhstan: Why are public concerns about a risky wastewater project being ignored?
Blog entry | 24 April, 2025Residents of Karaganda, a major industrial city in central Kazakhstan, originally welcomed plans to modernise the larger of its two wastewater treatment plants with the help of a loan from the European Bank for Reconstruction and Development (EBRD). However, the design of the project – revealed during public hearings – has prompted significant concerns among both citizens and experts. Over the past year, a local civil society organisation has been advocating for a review of the design, highlighting technical flaws and violations of stakeholder engagement obligations.
Read moreRinging 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 moreRelated publications
Letter to IFIs regarding Georgian hydropower plants
Advocacy letter | 23 July, 2009 | Download PDFWe have received the following responses: On July 29, 2009 from EBRD (pdf here). On August 4, 2009 from EIB (pdf here). On August 27, 2009 from World Bank (pdf here).
Dam Big Impact – The energy sector development in Georgia
Briefing | 23 July, 2009 | Download PDFThe energy policy of the Georgian government supported by a number of IFIs, aims at utilising the hydroenergy potential in the country in order to overcome the existing energy crisis. But effectively, this policy has the potential to cause significant negative impact on the environment, to drastically change the social and demographic situation in Georgia’s mountain areas and to devastate the existing cultural heritage.
Risky deal, risky business: the Khudoni hydropower plant, Georgia
Study | 26 June, 2009 | Download PDFThis report reviews documents provided by the Georgian government and the World Bank, and a number of independent research reports regarding the Georgian power sector and highlights the concerns of the local people towards the Khudoni HPP as expressed during the public hearings organized in Svaneti in summer 2008.