While BankTrack has formally existed since early
2004, it is founded on activities that started already back in 1996. This overview
tracks the roots of BankTrack.
Early 2015. BankTrack dissolves its formal network structure. The former secretariat of the network reinvents itself as an independent tracking, campaigning and NGO support organisation, working closely not only with many of its former members but also with many new working partners on a range of campaigns
At the end of 2014 we conduct an extensive internal discussion with our membership on how BankTrack can best adapt itself to changing circumstances in both funder support and changing NGO cooperation habits; the result is a plan, BankTrack 2015, that sets out a new course for the future
In November Banktrack launches a report on the human rights performance of private sector banks
In September we launched a new website, www.coalbanks.org, exposing the role of private sector banks financing the coal industry
Early 2014, following a training meeting with the European environmental Paper Network we launched a new workstream focused on the role of Banks financing the palm oil and pulp & paper sectors.
Early February, BankTrack held its strategy meeting at the imposing castle of Diez, Germany
Five new organisations join the network: the Australian finance campaign group Market Forces; the German Facing Finance; campaign, the UK's World Development Movement; the Japan Center for a Sustainable Environment and Society (JACSES); and the London Mining Network.
In July, CEDHA from Argentina joined BankTrack network as members.
In January, BankTrack secretariat moves to a bigger office in Utrecht.
In February, two new members joined BankTrack at 1st formal network meeting in Zurich, Switzerland. The BankTrack network counts 14 members.
In January, BankTrack opens secretariat in Utrecht, Netherlands.
In September, BankTrack establishes an independent foundation to act as legal entity to represent the BankTrack network.
In June, BankTrack publishes its 1st anniversary assessment of the Equator Principles.
In January, twelve civil society organizations launch a new network under the name of BankTrack.
The Quantum Leap project merges with the Netherlands based Focus on Finance (FoF) research project, coordinated by Dutch consultant firm AIDEnvironment.
In October, a meeting of finance campaigners in Netherlands takes place. The Focus on Finance project is remodelled as an NGO network with an advocacy mission. FoF hires a full time coordinator to oversee development of this network.
In June, ten major banks launch the Equator Principles. FoF members active before and during launch, become prime target of work.
In January, release of the Collevecchio Declaration at the World Economic Forum in Davos. Some Collevecchio signatory organizations engage with private banks on draft principles for project finance.
Meeting of NGO campaigners in the Italian village of
Collevecchio to draft the first civil society statement on the role of
financial sector and sustainability. Over 100 civil society organizations sign
up to it.
Private banks increasingly begin to feel the pressure of
civil society. NGOs start highly visible campaigns on projects co-financed by
private banks, such as the OCP pipeline in Ecuador, the Chad Cameroon oil
pipeline, the Camisea gas project in Peru and the financing of oil palm
plantations in Indonesia and Malaysia.
The Quantum Leap project conducts training in three
Start of the Quantum Leap project, a project of Friends of
the Earth and the National Wildlife Federation in the US. The aim of the
project is to train campaigners so they become financially literate and are
able to influence the private financial sector. The project's newsletter 'The
Bull and the Bear' informs the financial sector on civil society concerns.
US activists realised there was a need to focus on private
financial institutions within international development operations, in addition
to work on IFIs such as the World Bank.