Recovery Watch VS the Great EU Robbery

We dive into the question on how the European governments are actually spending the billion and billions of EU recovery funds

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Kenya energy project exposes the dark side of EU development funds

A third of the European Investment Bank (EIB) portfolio in 2020 went through financial intermediaries, a channel that has already enabled multiple projects with devastating consequences

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Reclaiming sustainable infrastructure as a public good

Infrastructure is key to improving living conditions worldwide, but the current push to attract (often foreign) private finance to projects in the global south risks undermining development objectives. How can we reclaim sustainable infrastructure as a public good?

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Infrastructure Bridge Concept


Inga dam at risk of becoming another “white elephant”

The benefits of this project are described as steps towards the creation of a continental electricity market that is important for accelerating the region’s industrial economic development. However, the project raises many concerns.

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What we focus on

Who are we, what do we fight for and how do we achieve it? Find out!

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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

2020 Teddy Bear Video 2

The teddy bear journey


For some years now, a profound reorganisation of our production systems has been underway. A new phase of globalisation has begun, which bears considerable social and environmental risks.

Watch the video!

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