Statement of solidarity with Ukraine
March 2, 2022
The Russian army’s invasion of Ukraine is a tragedy for both Ukraine and Russia, causing needless destruction, death, heartbreak and hardship. Bankwatch stands with our friends, colleagues and the communities that we work with, and demands action from international financial institutions.
Run over by a massive motorway project, Mostar residents demand to be heard
February 11, 2022
Mostar residents were never properly consulted about the proposed pan-European motorway that threatens their livelihoods and nature of the Neretva valley. After a recent win in a discriminatory lawsuit, they’re hoping that the controversial route around Mostar might finally be consulted with them and reconsidered.
EU bank’s new environmental and social policy not fit for lofty development ambitions
February 2, 2022
The European Investment Bank (EIB) – the financial arm of the EU – has approved a set of new environmental and social standards that, despite some last-minute changes, leave the door open to human rights abuses and biodiversity destruction, warn civil society groups.
Does the EBRD still finance freedom?
January 30, 2022
The investment climate was hardly auspicious when the head of the European Bank for Reconstruction and Development visited Ankara, the …
How ADB’s pandemic aid to Uzbekistan was misused, whistleblower silenced
January 19, 2022
The Uzbek blogger who first raised these concerns was smeared, beaten, and now faces trial.
Joint civil society statement: Making human rights a true priority of the EIB
October 14, 2021
This joint civil society statement prepared by 12 civil society organisations outlines our recommendations for integrating human rights into the EIB’s Environmental and Social Sustainability Framework, by proposing specific improvements to the Policy a
Kenya energy project exposes the dark side of EU development funds
October 14, 2021
A third of the European Investment Bank (EIB) portfolio in 2020 went through financial intermediaries, a channel that has already enabled …
Kenya energy project exposes the dark side of EU development funds
October 13, 2021
A third of the European Investment Bank (EIB) portfolio in 2020 went through financial intermediaries, a channel that has already enabled multiple projects with devastating consequences for nature and communities with virtually zero accountability. The ongoing review of the EIB’s environmental and social standards is a crucial opportunity to ensure transparency and proper scrutiny of all projects supported with European public money.
Making human rights a true priority of the EIB: Joint CSOs statement
September 14, 2021
Bankwatch, together with civil society organisations worldwide, is closely following the ongoing review of the EIB’s Environmental and Social Sustainability Framework (ESSF). The draft Environmental and Social Policy and related standards proposed by t
Letter: Loans to unsavoury states jar with EBRD’s mandate
July 21, 2021
You write that “many fund managers insist that deciding what to do about bonds issued by unsavoury regimes is not straightforward. Their …
