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
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.
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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, being considered for financing by the EBRD, EIB and IFC, is incompatible with waste prevention and recycling targets and endangers the already precarious livelihoods of the 12,000 people waste-picking in the city. The project’s environmental and social impact assessment fails to resolve numerous issues.
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Analysis of biomass in NECPs
Briefing | 14 June, 2019 | Download PDFThis publication analyses the National Energy and Climate Plans (NECPs) in Bulgaria, Czechia, Estonia, Hungary, Latvia, Poland and Slovakia and these countries’ measures to support forms of wood biomass. The majority of these countries plan logging an
Waste incineration with energy recovery in the NECPs of Bulgaria, Hungary, Latvia, Poland and Slovakia
Briefing | 4 June, 2019 | Download PDFBulgaria, Hungary, Latvia, Poland and Slovakia all plan to expand the use of waste incineration to generate energy (mostly heat) as part of their National Energy and Climate Plans (NECPs). These plans will lead to much higher greenhouse gas emissions (
Complaint to the European Ombudsman regarding the EIB’s non-disclosure of information
Briefing | 14 May, 2019 | Download PDFThis complaint is based on the Memorandum of Understanding signed by the EIB with theEuropean Ombudsman allowing the complainants who are not satisfied with the outcome of the procedure before the European Investment Bank-Complaints Mechanism (EIB-CM)
Nenskra hydropower project: May 2019 update
Briefing | 14 May, 2019 | Download PDFGiven the complexity of the Nenskra project and its immense impact on indigenous Svan communities and the country’s fiscal stability, the EBRD should take responsibility and not provide financial support until the project is properly assessed. Read mor
Policy on corporate loans based on PCM CRR on the EPS Restructuring project
Advocacy letter | 6 May, 2019 | Download PDFThe PCM has finalised the Compliance Review Report (CRR) of the EPS Restructuring project and has closed the case without further monitoring. We welcome the recommendation that clarification of the policy framework and strategic guidance are urgently r
