Beyond profit: Launch of report on EU’s green finance challenges
March 12, 2024
Ahead of the upcoming EU elections, uncertainty surrounds the financing of the EU’s climate agenda and the future of flagship initiatives such as the European Green Deal and the NextGenerationEU fund. Despite ambitious intentions, progress on environmental sustainability and economic recovery is failing to improve people’s well-being, according to a new report by the Citizens’ Observatory on Green Deal Financing.
Soft landing: New high-level EIB ‘revolving door’ revelations suggest systemic issue persists
March 1, 2024
Alarming new Politico report uncovers ‘revolving doors’ in the EIB’s highest echelons linked to the controversial expansion of the Budapest airport.
Élargir l’empreinte mondiale
January 6, 2024
Les préoccupations climatiques, la guerre en Ukraine et les plaintes concernant le manque de transparence ne sont que quelques-uns des …
Time to put an end to Albania’s fossil fuel déjà vu
December 21, 2023
In the last two decades, residents of Vlora, a lively tourist city on the Albanian coast, have had a slew of mostly unsuccessful oil and gas projects foisted on them. No wonder a recent event there called on the government to stop its costly fossil fuel experiments and seize the opportunity to declare Albania’s electricity production and consumption 100 per cent renewable.
New EIB President Nadia Calviño must put people’s needs first
December 8, 2023
The new European Investment Bank (EIB) President Nadia Calviño must tap into the Bank’s green and social potential. She should direct the EIB to mobilise its resources to meet the fundamental needs of people and to assist with transforming our society into one that’s ecological and sustainable.
EU’s massive loan for Split: showdown between tourist paradise and residents’ needs
November 29, 2023
This summer was hot in the Croatian city of Split. Adding to the rising temperatures and usual tourist buzz was a heated political debate over a EUR 150 million framework loan approved by the European Investment Bank (EIB), the biggest loan to date for Split.
The EU and US are fossil-fooling the Western Balkans with gas How can the region cut to a clean future?
November 29, 2023
The Western Balkans’ energy transition is finally starting to pick up pace. But false solutions such as fossil gas threaten to divert resources and create new fossil-fuel lock-in. So why do the European Union (EU) and United States (US) continue to push such projects in the region and what can be done about it?
A call to defend the independence of accountability mechanisms
October 9, 2023
Bankwatch joins other community advocates around the world in sounding the alarm about growing threats to the independence of accountability mechanisms attached to international financial institutions and other development agencies.
Is this development? Public development banks must rethink their investments and put local communities first
September 4, 2023
On 4 to 6 September, the world’s public development banks will gather for the Finance in Common Summit in Cartagena, Colombia. They’ll be discussing key development issues – from climate change to infrastructure – issues that affect the lives of millions of people around the world. Bankwatch is on the ground to expose the adverse impacts of investments made by development banks and advocates for meaningful community participation in decision-making on development projects.
Civil society calls on public development banks to overhaul their approach to development
September 4, 2023
As a member of the Coalition for Human Rights in Development, Bankwatch has joined civil society organisations and human rights defenders from over 20 countries in calling for immediate and effective action from public development banks.
