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

Boskov most hydropower plant, North Macedonia
Boskov Most was one of 18 hydropower greenfield projects planned by the North Macedonian government in the Mavrovo National Park. After five years of campaigning, we convinced the European Bank for Reconstruction and Development about the folly of this project and to cancel its EUR 65 million loan. Without its major source of funding, the project lost steam and was discontinued.
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Kresna gorge / Struma motorway, Bulgaria
The Struma motorway is tragically emblematic of an EU-funded project that has wrought havoc on European biodiversity and the wishes of local communities. In spite of two decades of protest by civil society and citizens, part of the Struma motorway section is planned directly through the Kresna gorge, a Natura 2000 site and Bulgaria’s richest biodiversity hotspot.
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Krapska Reka small hydropower plant, Macedonia
Loopholes in the EBRD’s due diligence, together with a lack of assessment and monitoring by Macedonia’s local and central government, has proven to be a lethal combination for the country’s rivers. A prime example is the Krapska Reka small hydropower project. The authorities’ failure to recognise the location as part of the proposed Jakupica National Park, Emerald area and a future Natura 2000 site, on top of poor mitigation measures and construction practices, have caused irreversible damage to this small river valley.
Read morePublications
What is wrong with EXIM’s plan to pay for Westinghouse reactors in Ukraine?
Briefing | 27 March, 2023 | Download PDFThis briefing argues that US public funding should support a modern distributed energy system based on renewable energy and improved efficiency of Ukraine’s energy use.
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.