From a grassroots to the international level …
We investigate the impacts of public finance, work with affected communities and local organisations across the world and help them protect their rights and livelihoods. We make sure their stories are being told in Europe’s power centers.
We regularly meet representatives of the institutions we monitor and we’re in Brussels, too, doing our bit to make Europe a fairer, cleaner and sustainable place.
Alternative news
We expose the risks of international public finance and bring critical updates from the ground.
We believe that the billions of public money should work for people and the environment.
FOCUS AREAS
INSTITUTIONS WE MONITOR
OUR PROJECTS

Komarnica hydropower plant, Montenegro
Planned by Montenegro’s state-owned electricity utility EPCG, the need for the Komarnica hydropower plant has never been proven.
Read more
Ugljevik power plant, Bosnia and Herzegovina
Commissioned in 1985, the 300 MW coal power plant in Ugljevik, Bosnia and Herzegovina, has become famous for emitting more sulphur dioxide than all of Germany’s coal power plants in 2019.
Read more
Pljevlja I power plant, Montenegro
The existing 225 MW Pljevlja thermal power plant in the north of Montenegro, near the borders with Serbia and Bosnia-Herzegovina, has been operating since 1982. The plant was originally planned to comprise two units but the second one was never built. The plant, along with the extensive use of coal and wood for heating, has caused unbearably bad air quality in the town.
Read morePublications
FLATTERING TO DECEIVE: A reality check for the ‘EU Climate Bank’
Report | 15 June, 2022 | Download PDFThis report seeks to inform important processes taking place at the EIB in 2022 and 2023, specifically the mid-term reviews of its Energy Policy and its Climate Roadmap.
The veil of secrecy shrouding export credit agencies in central and eastern Europe shows that the EU law on export credits must be strengthened
Briefing | 9 June, 2022 | Download PDFThis briefing highlights the lack of public scrutiny over export credit agencies (ECAs) in central and eastern Europe.
Shaping the future of EIB Global
Briefing | 3 June, 2022 | Download PDFIn 2022, the EIB created a new development branch called EIB Global. The creation of this new branch raises many issues and questions that are explored in this paper.
Behind the ‘green recovery’: How the EU recovery fund is failing to protect nature and what can still be saved
Report | 2 June, 2022 | Download PDFThis report prepared by CEE Bankwatch Network and EuroNatur, shines a spotlight on the implementation of recovery funds, and reveals a series of harmful reforms and investments for biodiversity set to be financed in nine central and eastern European Member States (Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Poland, Romania and Slovenia).
Assessment of operational programmes in the Czech Republic
Assessment | 1 June, 2022 | Download PDFThis briefing offers an analysis of the Czech Republic’s draft operational programmes for 2021-2027 and recommendations regarding the potential for increasing the programmes’ climate and environmental contributions.