From a grassroots to the international level …
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.
FOCUS AREAS
INSTITUTIONS WE MONITOR
OUR PROJECTS
Export Credit Agencies (ECAs)
With many billions of dollars at their disposal, export credit agency finance far outpaces that of development banks and yet avoids the same public scrutiny. Most money flows into large infrastructure projects in politically-volatile countries that oft
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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.
Read morePublications
Climate action at the European Investment Bank: an overview
Briefing | 13 December, 2019 | Download PDFThe EIB had already proclaimed itself the EU’s climate bank long before the new EU Commission of Ursula von der Leyen presented the idea of transforming a part of the Bank into Europe’s Climate Bank. It has been over a decade now since the EIB establis
Chinese-financed coal projects in Europe
Briefing | 10 December, 2019 | Download PDFAs coal phase-out is well underway in the European Union, and the international community is mobilizing to tackle the climate crisis, new coal plants are still planned and built in Southeast Europe, courtesy of Chinese financial support.
Comply or close: how Western Balkan coal plants breach air pollution laws and what governments must do about it
Study | 10 December, 2019 | Download PDFIn 2018, pollution control legislation under the Energy Community Treaty finally obliged the Western Balkan countries to start reducing the choking air pollution from their coal power plants. Action was badly needed. In 2016, these 16 plants emitted as
What can the new European Parliament expect on the ICT agenda
Briefing | 31 October, 2019 | Download PDFThe production of ICT has a huge impact on the environment, climate change, human rights and working conditions along global supply chains in the Global South. This document aims to provide information to Members of the European Parliament about sustai
State Capture: A case study about natural gas exploitation and transportation in Romania
Study | 17 October, 2019 | Download PDFAt a time when public calls for tackling the causes of the climate crisis are growing, Romania’s gas industry has been expanding, courtesy of the Parliament and international financial institutions.This report, by Bankwatch Romania, finds that much of
