What we do - Bankwatch

From a grassroots to the international level …

We’re the largest network of grassroots, environmental and human rights groups in central and eastern Europe.

We monitor public finance institutions that are responsible for hundreds of billions of investments across the globe. The banks and funds we watch are often obscure but always important entities that function outside public scrutiny.

Together with local communities and other NGOs we work to expose their influence and provide a counterbalance to their unchecked power. 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.

CAMPAIGN AREAS

Beyond fossil fuels

Coal is an outdated industry on its last leg. Public finance can move our economies in a new, socially responsible direction.

Rights, democracy, development

Public money must not become an auxiliary for human rights violations or the marginalisation of affected communities.

Finance and biodiversity

A clash is raging between nature and finance. Our work where finance meets the natural world advocates for adequate protection and restoration projects to ensure a green future for all.

Energy transformation

We work to ensure that EU financial flows address the climate crisis and do no harm to people and nature. We do this by involving the public in the design and spending of EU investments.

Cities for people

City residents should have a say in how this money is spent in their cities. Their voices can help make their cities more resilient in the face of climate challenges.

INSTITUTIONS WE MONITOR

European Bank for Reconstruction and Development

European Investment Bank

Asian Infrastructure Investment Bank

Asian Development Bank

OUR PROJECTS

Belgrade incinerator public private partnership (PPP), Belgrade, Serbia

The planned Belgrade waste incinerator, financed by the EBRD, IFC and Austrian Development Bank (OeEB), is incompatible with waste prevention and recycling targets. The European Commission and EIB recognised this, and the EIB therefore refused to finance it. The project also endangers the already precarious livelihoods of up to 12,000 people waste-picking in the city.

EBRD / EIB energy policy review

The European Investment Bank and the European Bank for Reconstruction and Development are both reviewing their energy sector lending policies. This is an opportunity to live up to their potential by combating climate change and promoting a sustainable future for all.

Shuakhevi hydropower plant, Georgia

Georgia’s biggest and one of the most controversial hydropower plants is mostly famous for its failures. Two months after becoming operational in 2017 its tunnels collapsed. And after two years of repairs water is leaking from the dam. Shuakhevi hydropower plant (HPP) once promised to bring energy independence to Georgia. Instead it managed to collect an impressive ‘portfolio’ of problems in a wide range of areas: from biodiversity, to gender impacts, to community relations.

« Previous Page