European Green Deal: Report shows fundamental flaws on financing

A new report by Counter Balance shows fundamental flaws on the financing pillar of the EGD that make it unlikely to properly contribute to addressing the key - and intertwined - challenges of our times

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Ukraine war, food crisis and a toxic lobby

We discuss how the agribusiness lobby is using the Ukraine war to crush much needed pesticide law reforms in Europe

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Counter Balance Activity Report 2021

Counter Balance continued to hold European public finance to account in 2021. From uncovering the flawed financing behind the European Green Deal to pushing the European Investment Bank to respect human rights, our new Activity Report details how.

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EIB’s main pandemic response mired in secrecy

A new Counter Balance briefing looks at the state of play of the European Guarantee Fund, revealing how a lack of transparency around the fund raises questions on how it will benefit the European economy

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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

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Our priorities

Where we focus our efforts

Our activities focus on:
Climate Justice, Development & Human Rights,
Transparency & Accountability

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We conduct research on European public financial institutions and challenge investments that result in harmful impacts for people and the environment


We inform the public and open up debates on the role of EU public finance in the transition towards more sustainable and equitable societies


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


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.

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