BLOG
EIB refusing to act on clear fraud and corruption in €38 million investment
The European Investment Bank is failing to act on clear evidence of fraud and corruption in a €38 million investment it made in a private equity fund, a new investigation by The Corner House and Counter Balance reveals.
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REPORT
EU bank hands out billions to companies complicit in burning fossil fuels
The European Investment Bank has pumped billions of euros into polluting fossil fuel companies over the past two years despite talking up its climate credentials, a new report by Counter Balance and CEE Bankwatch Network reveals.
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BLOG
EIB turns ‘bad COP’: How the bank reopened the door for fossil majors
In the weeks before COP27, the European Investment Bank rolled back its financing limits on the world’s worst polluters - including the fossil fuel giants who caused the climate crisis.
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PODCAST
Qatargate - The tyrant lobby and why transparency matters
The latest episode of EU Watchdog Radio discusses the Qatargate corruption scandal in the European Parliament and its consequences
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What we do
Challenging public investment banks
We’re a European coalition of development and environmental non-governmental organisations (NGOs) with extensive experience working on development finance and public banks as well as campaigning to prevent negative impacts resulting from major infrastructure projects
Our mission is to make European public finance a key driver of the transition towards socially and environmentally sustainable and equitable societies
Our priorities
Where we focus our efforts
Our activities focus on:
Climate Justice, Development & Human Rights,
Transparency & Accountability
Research
We conduct research on European public financial institutions and challenge investments that result in harmful impacts for people and the environment
Inform
We inform the public and open up debates on the role of EU public finance in the transition towards more sustainable and equitable societies
Advocate
We coordinate advocacy campaigns towards decision-makers at EU and national levels to push for accountable, democratic and sustainable
public banks
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Turning the Tide
PUBLIC FINANCE SUPPORTING FOSSIL FUELS
Bankwatch’s new documentary exposes, for the first time, the extent of financial support four of the world’s leading multilateral development banks (MDBs) have been providing to the global fossil fuels industry over the past 13 years.
Watch the video!
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