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.
Read more
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.
Read more
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.
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
