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
Tashlyk pumped storage plant, Ukraine
The Tashlyk pumped storage plant is a massive hydropower project. Its operation extends to protected areas with peculiar microclimate features that are rich in biodiversity and endemic flora. These unique landscapes create a spectacular tourist attraction. The territory is also of great historical and archaeological significance. However, all of this would be flooded if the Tashlyk pumped storage plant expansion project is completed.
Read more
Fossil gas
Fossil gas is the new coal. Although often labelled ‘natural,’ fossil gas is a major driver of the climate crisis. There is no more room for new investments in fossil gas projects if we are to avert the worst impacts of the climate crisis and set a path towards decarbonisation.
Read more
District heating
District heating and individual heating are still dominated by fossil fuels and inefficient burning of wood without regard to sustainability criteria, in combination with a low degree of energy efficiency. This has to change, since heating plays a crucial role in the transition into a clean and zero-carbon economy.
Read morePublications
A letter to the EBRD on the Alexandria Refinery in Egypt and Mytilineos Gas Power Plant in Greece
Advocacy letter | 23 November, 2021 | Download PDFThis letter voices Bankwatch’s concerns about the Alexandria Refinery in Egypt and Mytilineos Gas Power Plant in Greece projects that are scheduled for Board Approval on the 24th of November 2021. We urge the Board of Directors not to support these pro
EU funds should never harm nature, climate or the environment Statement of the Green 10 on the ‘do no significant harm’ principle
Advocacy letter | 18 November, 2021 | Download PDFThis statement, written together with the Green 10 and EuroNatur, outlines our main concerns about the application of the ‘do no significant harm’ principle to EU public funds. The EU intends to expand the application of this principle to a variety of
Summary of the study ‘Analysis of Sustainable Heating Options for the City of Tuzla, Federation of Bosnia and Herzegovina’
Study | 8 November, 2021 | Download PDFThe air quality of the city of Tuzla, Bosnia and Herzegovina (BiH) is among the worst in the EU and Western Balkans. Because Tuzla’s coal-fired power and heat plant, Tuzla 4, must be closed by the end of 2023, and Tuzla 5 and 6 must close in the next d
Unsolved problems of the North-South Corridor (Kvesheti-Kobi) Road Project
Briefing | 1 November, 2021 | Download PDFThe North-South Corridor (Kvesheti-Kobi) Road Project is planned to be realized in Georgia. The 23-kilometre Kvesheti-Kobi Road Project is a new section of the North-South Corridor. The construction will impact the Khada Valley, also known as ‘the plac
Summary of the study: ‘Identification and analysis of potential sustainable heating solutions in Pljevlja, Montenegro’
Study | 25 October, 2021 | Download PDFIn order to address high levels of air pollution in Pljevlja, Montenegro, the municipality’s heating supply must become more sustainable. Although Montenegro’s 2030 Energy Strategy proposes the development of district heating systems based on biomass,
