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INSTITUTIONS WE MONITOR



European Bank for Reconstruction and Development (EBRD)

Established to promote transition to market-oriented economies in the countries of central and eastern Europe and Central Asia, the EBRD’s lending often fails to benefit the people in these countries and regularly prioritises carbon-intensive and environmentally damaging development.


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OUR PROJECTS



Free-flowing rivers in Central Asia

Central Asian rivers are under threat from hundreds of new hydropower plants. We have created a map of the key rivers in the region that need urgent protection and are calling on the development banks to stop their destruction.


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LATEST UPDATES



Montenegro’s stop-start spatial plan set to greenlight harmful hydro projects

Montenegro is touted as the lead EU accession candidate these days, but it’s unfortunately far from ready. The country’s hotly debated new national spatial plan is a case in point, plagued by delays, legal breaches, opacity and all-round low quality.


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Flags of EU coutries in front of the EIB headquarter building.

European Investment Bank (EIB)

With a lending portfolio of EUR 72 billion (2010) the European Investment Bank (EIB) is one of the world’s biggest public lending institution – bigger even than the World Bank.


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Emerald Network in the Western Balkans

Albania, Bosnia and Herzegovina, Montenegro, North Macedonia, and Serbia are required to establish a sufficient number of Emerald Network sites as signatories to the Bern Convention. However, since 2011, not a single new site has been proposed and many stunning rivers remain unprotected. The #EmeraldForRivers campaign aims to support governments in expanding the Emerald Network.


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Western Balkan governments still complicit in deadly coal pollution – new report

In 2024, Western Balkan governments’ chronic law enforcement failures allowed sulphur dioxide (SO2) pollution from the region’s antiquated coal power plants to exceed legal limits by six times, according to the seventh edition of Bankwatch’s Comply or Close report, published today (1). Dust and nitrogen oxides (NOx) pollution from coal plants also continued to exceed legal limits.


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A new budget for a new Europe

For the European Union and its Member States to become more sustainable societies, the EU’s financial resources have to be spent towards consuming less energy and using resources more efficiently.


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Turnu Măgurele – Nikopol Hydraulic Structures Assembly on the Danube river, Romania and Bulgaria

The project, if built, would not only devastate critical habitats, leading to the potential extinction of species such as the Danube sturgeons, but also displace local communities, disrupt existing investments, and violate several EU environmental directives.


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Landmark deal ends 28-year Bulgaria motorway dispute with agreement to protect Kresna Gorge

28 years since the Struma motorway project in Bulgaria started, the Save Kresna Gorge coalition, Road Infrastructure Agency and Ministry of Environment and Water have reached a landmark agreement to implement the final section of the motorway outside the Kresna Gorge.


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