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Bankwatch

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      • Beyond fossil fuels
      • Rights, democracy and development
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Home > What we do

What we do

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.

Campaign areas
Institutions
Projects
Publications

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Coal is an outdated industry on its last leg.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

The Kostolac lignite mine.

Kostolac B3 power plant, Serbia

In December 2024, Serbia’s state-owned utility Elektroprivreda Srbije commissioned a new 350 MW lignite plant at Kostolac in the country’s north-east. The project is receiving high level support and Chinese financing, but is plagued by concerns over its economics, pollution and legal irregularities.

Read more



A coal power plant with 3 smoke stacks surrounded by settlements, all seen from a distance.

Kosova e Re lignite power plant, Kosovo

CANCELLED: For more than a decade, successive Kosovo governments planned to build a new 500 MW lignite plant (around 450 MW net), Kosova e Re or New Kosovo. The controversial project was finally cancelled in 2020 after concession-holder ContourGlobal pulled out.

Read more



Large trees in front of an imposing mountain range and blue sky.

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.

Read more



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