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

Dabrova Dolina hydropower plant, Croatia
A harmless-sounding mill conversion project on Croatia’s stunning river Mrežnica is a textbook example of how even small hydropower plants can damage protected areas. It also exemplifies the lack of transparency and oversight of investments that the European Bank for Reconstruction and Development channelled through commercial bank intermediaries.
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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.
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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.
Read morePublications
Biodiversity on the brink: What’s holding back financing for nature in the EU?
Report | 7 February, 2023 | Download PDFThis report provides insights into a number of significant barriers at the national level to financing nature restoration and conservation measures, such as authorities’ lack of knowledge about what constitutes biodiversity, insufficient collaboration between actors and excessively restrictive funding criteria. It also includes recommendations for both the EU and national levels.
What is the current state of the just transition processes in Bulgaria?
Briefing | 30 January, 2023 | Download PDFThis briefing summarises just transition planning in Bulgaria thus far, reviewing the TJTPs’ compatibility with EU requirements and the overall process’s alignment with the partnership principle. It provides recommendations for improving just transition in the upcoming period.
Energy poverty in Latvia – from definition towards action
Briefing | 24 January, 2023 | Download PDFThis summary briefing reviews the state of energy poverty in Latvia, focusing on how this term is defined in Latvian law and practice and what programmes are in place to assist those struggling to pay for the energy they use.
Is Samarkand ready to become a Green City?
Briefing | 26 December, 2022 | Download PDFThis briefing reviews Samarkand’s existing urban development plans, the main environmental and social concerns of residents with a focus on public transport, and provides recommendations on including civil society in the GCAP planning.
Analysis of alternatives to coal-based district heating for the Bitola region in North Macedonia
Analysis | 21 December, 2022 | Download PDFThe study examines the current heating situation in the Bitola region (covering the municipalities of Bitola, Mogila and Novaci), followed by an analysis of the techno-economic potential for using decentralised heating solutions that are also in line with the country’s environmental protection commitments.