Counter Balance @Counter_Balance
European NGO coalition holding public banks - like the EIB - accountable for public interests. 🦋 @counter-balance.bsky.social counter-balance.org Brussels, Belgium Joined May 2009-
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To know more about the Northern Lights, TotalEnergies’ mega CO₂ storage project, which received the EIB’s first official loan for a carbon capture and storage (CCS) project, read the article from @Mediapart 👇⚠️ mediapart.fr/journal/ecolog…
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Read our letter 👇 counter-balance.org/publications/j…
📢 Counter Balance, together with 14 civil society organisations, has sent a joint letter to the @EIB on the implementation of the second phase of the Climate Bank Roadmap. Here’s what we call for 🧵👇
Counter Balance retweeted
#News Lens: 90+ civil society organisations call on the @WorldBankGroup to act on the soon to expire Climate Change Action Plan (CCAP) & come up with a clear plan about how to advance its climate commitments👇 bigshiftglobal.org/CSOLetter_WBGC…
Counter Balance retweeted
🌎 ¿Qué es el #GlobalGateway y cómo afecta a América Latina y el Caribe? Lanzaremos un manual para personas formadoras sobre el Global Gateway. 📖 ¡Únete a nosotros el 11 de junio a las 16:00 CEST a través del enlace!" 👉 ¡Regístrate y comparte! buff.ly/qsCBnO9
📢 Our 2025 Activity Report is out! Throughout 2025, Counter Balance pushed for European public finance to serve people and the planet instead of corporate interests. Read it here 👇 counter-balance.org/publications/r…
A complaints mechanism should be a last resort. The real question is: why are so many communities harmed in the first place? 🤔 Because the @EIB's due diligence is too weak. Better complaint rules won't fix bad project selection. The EIB needs to get it right from the start. Read our full analysis 👇 counter-balance.org/news/blog/when…
The new policy still leaves gaps ⚠️ 🔗 Indirect financing through intermediaries (banks, funds) is not clearly covered 🚫 No sanctions when companies ignore recommendations 🌍 Outside the EU? A lack of transparency on what gets financed
The @EIB funds massive projects worldwide, and when those projects harm communities, people can file a complaint to its Complaints Mechanism. The EIB is now rewriting those rules. Some wins: ✅ More independence ✅ Clearer procedures ✅ Early dispute resolution tool But communities still need much more.
Unless the EIF clearly demonstrates it regularly monitors the investment funds and companies it backs — and intervenes in case of breaches — history can easily repeat itself, just with a European company next time. 🇪🇺⚠️ Read more👇 apache.be/2026/05/08/eur…
After channelling taxpayer money into Paragon spyware, the EIF announced yesterday at the European Parliament it will stop funding non-EU spyware companies. But the new policy does not resolve the main problem — EU-based spyware companies remain eligible for funding. ⚠️💻🔎
In April, the European Parliament voted on its annual report on the control of the financial activities of the @EIB Group for 2024. 🏦🇪🇺 Check out Counter Balance’s latest blog about it, highlighting its key contractions 👇 counter-balance.org/news/blog/a-eu…
🛑 This episode unpacks how public money is being used to boost the profitability of major military companies — while deregulation weakens safeguards for the arms industry — accelerating the global arms race in the process. 🌍💥 🎧 Tune in now: open.spotify.com/episode/7jb8YA…
🎙️ In today’s EU Watchdog Radio episode, Marilisa Marigliano from Counter Balance, speaks with Laëtitia Sédou, EU Project Manager at the European Network Against Arms Trade, about how public finance is being mobilised to serve militarisation.
Counter Balance retweeted
Counter Balance retweeted
🙋♂️ Experts from @I4CE_, @Counter_Balance, @EUREC_Info, @DelorsInstitute and @IDDRI_ThinkTank shared insights on improving the improving governance, targeting and delivery of the ECF.
Counter Balance retweeted
🔴 ReCommon condemns ENI’s decision to file yet another frivolous lawsuit against the association in an attempt to silence its representatives. 📩 Last March, ENI’s lawyers served ReCommon with a request to initiate mandatory civil mediation for alleged defamation aggravated by the use of tv and social media, arising from statements made by Recommon's Eva Pastorelli during the program @reportrai3, which aired on Rai 3 on December 14, 2025. 💰 According to ENI, the value of the dispute it intends to initiate is € 800,000. 👇 recommon.org/en/new-slapp-l…
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