Counter Balance

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Counter Balance

Counter Balance

@Counter_Balance

European NGO coalition holding public banks - like the EIB - accountable for public interests. 🦋 @counter-balance.bsky.social 🐘 @[email protected]

Brussels, Belgium Katılım Mayıs 2009
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Counter Balance
Counter Balance@Counter_Balance·
Europe’s public finance is off track: The @EIB props up “competitiveness,” the wealthy military complex & polluters’ “clean energy” projects—missing a green, just economy. But what if we flipped the script? We ask @yanisvaroufakis 👉 bit.ly/41HAOod
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Counter Balance
Counter Balance@Counter_Balance·
⚡🛡️⛏️ In the EIB Forum, discussions were not centered around housing, energy bills, unemployment, or low wages. Guess what they talked about? Did they just talk? 🔗 Read the full blog 👇 counter-balance.org/news/the-signi…
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Counter Balance
Counter Balance@Counter_Balance·
🇪🇺🏦 A new blog on the @EIB Forum 2026 is out! For three days, bankers, ministers and CEOs from big companies discussed Europe’s investment future. But behind the panels, speeches and networking, something else was happening: contracts were being signed.
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Counter Balance
Counter Balance@Counter_Balance·
🌍⚖️ The EIB claims to be the Climate Bank. But financing fossil-linked infrastructure and companies while ignoring international legal obligations tells a different story. We joined 14 CSOs in demanding the EIB act NOW: stop funding the fossil economy and apply best available science to all climate due diligence. Read our letter 👇 counter-balance.org/publications/j…
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Counter Balance
Counter Balance@Counter_Balance·
🌍🤝 At the recent EIBF Forum, “win-win partnerships” dominated discussions around EIB Global. Yet the focus remained largely on advancing EU commercial interests, supply chains and strategic priorities, raising questions about whose interests are shaping development finance. 🇪🇺💰 More below 👇
Devex@devex

Development leaders framed Europe as a defender of climate action and multilateralism in an increasingly fragmented development landscape. #Echobox=1772807488" target="_blank" rel="nofollow noopener">devex.com/news/special-e…

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Counter Balance
Counter Balance@Counter_Balance·
In this episode, we unpack the power relations and governance flaws in the current European industrial agenda. We also explore alternatives to the current industrial policy. What would a genuinely sustainable transformation of the European industry look like? Listen 👇open.spotify.com/episode/46LQML…
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Counter Balance
Counter Balance@Counter_Balance·
🎙️ A new episode from the #EUWatchdogRadio is out! Today marks the one-year anniversary of the EU’s flagship Clean Industrial Deal. But so far who benefits, and who actually decides the direction of Europe’s green transition? 🎧 Listen: open.spotify.com/episode/46LQML…
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Counter Balance
Counter Balance@Counter_Balance·
Today, 17 international CSOs sent a letter calling on the Swiss government to stop violating its commitment to end international public finance for fossil fuels. We demand 🇨🇭 to honor its climate commitments and immediately cease issuing export credit insurance for gas-fired power plants. Read 👇 counter-balance.org/publications/j…
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Counter Balance
Counter Balance@Counter_Balance·
At a moment when Europe urgently needs investment for decarbonisation and a just transition, InvestEU risks reinforcing an industrial policy that protects private profits rather than driving transformative change. 🔗Read more: counter-balance.org/publications/i…
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Counter Balance
Counter Balance@Counter_Balance·
But who decides that a project 'needs' public support? 👉 The Investment Committee It approves the use of the EU budgetary guarantee — mainly assessing 'additionality' and whether the project can 'crowd in' private investors. In theory, it safeguards public interest. But as Verkor shows, it does not. 🤔
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Eurodad
Eurodad@eurodad·
⚠️ The latest proposals from @EU_Commission for the #MFF have serious repercussions for int’l #development, accelerating the shift towards private finance over the EU’s mandate to reduce poverty & tackle inequalities. How? See our 🆕report or below: eurodad.org/mff_blended_fi… /1
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Counter Balance
Counter Balance@Counter_Balance·
The response to the Global Gateway must be collective. ✊ We need new alliances — especially with labour — to defend dignified livelihoods for all, not profits for a few. Justice lies beyond the capital's economy. Read more: counter-balance.org/news/global-ga…
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Counter Balance
Counter Balance@Counter_Balance·
These projects are designed by EU institutions, national governments and big corporations — without the involvement of affected countries and communities. And the consequences are brutal: displacement, land-grabbing, water depletion, and sacrifice zones. 🩸⚠️
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Counter Balance
Counter Balance@Counter_Balance·
Global Gateway isn’t about development. It’s about advancing European capital at the expense of people and the planet. 🌍💥 A new wave of EU infrastructure is being rolled out globally. But who really benefits from it? 👇🧵 Read the blog post we just published: counter-balance.org/news/global-ga…
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