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
INSTITUTIONS WE MONITOR
OUR PROJECTS

Hydropower development in Georgia
Georgia plans to build a huge number of dams. Yet with 85 percent of electricity needs satisfied and exports not being taxed, these plans will rather benefit private investors than offering sustainable development for Georgia.
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Plomin coal power plant, Croatia
CANCELLED: after five years of campaigning, plans for Plomin C were dropped in 2016. Croatian plans to more than double the capacity of the Plomin coal power plant would have resulted in increased carbon-emissions for several decades. The project’s profitability was questionable and the plans were facing local opposition and conflicting regional legislation.
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Zombie reactors in Ukraine
While the European Union is trying to help Ukraine’s political transition, Europe’s financial support is cementing the country’s dependence on an outdated and highly unsafe nuclear sector. To avoid further instability and political and environmental risks, European institutions need to offer better oversight and funding for alternative energy sources.
Read morePublications
REPowerEU – a new opportunity to finance energy transformation
Factsheet | 24 March, 2023 | Download PDFThis factsheet shows how the REPowerEU strategy can provide a new opportunity for the EU to move away from fossil fuels and support clean, sustainable energy for its citizens.
LNG rush threatens Baltic energy transition: why new LNG infrastructure is a false solution for energy security in the Baltics
Briefing | 14 March, 2023 | Download PDFAs a result of Russia’s war in Ukraine, the Baltic states and Finland, which had relied on Russia for fossil gas imports, now lack sufficient alternative infrastructure to cover regional demand. The main efforts to diversify gas sources and reduce regi
Asian Development Bank’s Draft Guidance Note on Large Hydropower – Collective Civil Society Response
Letter | 13 March, 2023 | Download PDFIn February 2023, the Asian Development Bank published the Guidance Note on Large Hydropower Plants, a document that is supposed to support staff engaged with borrowers and project proponents prior to – and post – approval of proposed assistance for la
Public financing opportunities for energy communities in Europe
Briefing | 13 March, 2023 | Download PDFThis briefing, developed by REScoop.eu, CEE Bankwatch Network and CAN Europe, is a preview of an upcoming, in-depth analysis of the allocation of dedicated funding for community energy through various public financing programmes in 14 countries.
The second and third pillars of the Just Transition Mechanism
Briefing | 13 March, 2023 | Download PDFThe Just Transition Mechanism will provide funding to countries and regions expected to be particularly negatively affected by the transition away from fossil fuels as part of the European Green Deal. The Just Transition Mechanism consists of three sep