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StopEACOP demands accountability after undisclosed bank loans revealed

149 civil society organisations demand full disclosure from regional lenders tied to the $3.7B in EACOP financing, as Uganda pushes for commercial production by June 2027.
The StopEACOP coalition today sent an open letter to eight African and Middle East financial institutions, urging them to fully disclose their involvement in the East African Crude Oil Pipeline (EACOP). The letter, signed by 149 organisations including groups from EACOP-affected communities, follows new analysis that revealed previously undisclosed lending to the EACOP project. Reclaim Finance identified…
2026-10-28 | Kampala, Uganda | #StopEACOP
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StopEACOP demands accountability after undisclosed bank loans revealed

149 civil society organisations demand full disclosure from regional lenders tied to the $3.7B in EACOP financing, as Uganda pushes for commercial production by June 2027.
2026-10-28 | Kampala, Uganda | #StopEACOP
Blog
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ArcelorMittal Quarterly Risk Briefing: October 2026

2026-10-28 | BankTrack, SteelWatch
Blog
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Standard Bank's green claims challenged in formal Advertising Regulatory Board complaint

Civil society complaint asks advertising regulator to scrutinise whether Standard Bank can market itself as a leader in sustainable finance and climate action while financing the East African Crude Oil Pipeline
2026-10-28 | Johannesburg, South Africa | #StopEACOP, Fossil Free South Africa, Lawyers for Human Rights
Blog
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COP17 Finance Day: New stocktake finds banks' nature commitments won't support UN targets

Voluntary commitments of major banks are far from what is necessary to halt and reverse biodiversity loss by 2030
2026-10-26 | Utrecht | BankTrack
Blog
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New assessment finds financial regulators failing to turn biodiversity commitments into binding rules

Global review of 11 strategically important financial jurisdictions finds no comprehensive restrictions on financing deforestation and ecosystem conversion ahead of UN biodiversity summit
2026-10-21 | Yerevan, Armenia | BankTrack, Amazon Watch, CED Cameroon, Friends of the Earth US, Milieudefensie, Observatório da Mineração, Profundo, Rainforest Action Network, Repórter Brasil, Sahabat Alam Malaysia, TuK INDONESIA
Blog
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European banks financing coal expansion risk massive climate bomb in Australia

European banks are financing a potential massive climate bomb in Australia that could unleash up to 800 million tonnes of CO2 per year, more than twice Australia’s domestic emissions from energy and industry
2026-10-20 | BankTrack, urgewald, Lock the Gate, Market Forces, Reclaim Finance
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The Global Coal Exit List 2026: Plans for new coal projects outpace cancellations

2026-10-20 | Berlin | urgewald
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New global analysis finds banks pumped USD 595 billion into high-risk agribusiness and mining in tropical forest regions since 2020

First combined analysis of agribusiness and mineral mining financial flows exposes growing biodiversity impacts from banks and investors
2026-10-15 | Amsterdam | BankTrack, Amazon Watch, CED Cameroon, Forests & Finance Coalition, Friends of the Earth US, Milieudefensie, Observatório da Mineração, Profundo, Rainforest Action Network, Repórter Brasil, Sahabat Alam Malaysia, TuK INDONESIA
Blog
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Banks are failing to prevent rights violations in Liberia despite financing link and clear warnings

Communities call on banks to cease financing for ArcelorMittal until water contamination, and land compensation issues are addressed
2026-10-14 | BankTrack, Fair Steel Coalition
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Upcoming events
Oct30

Collective Voices Shaping Accountability

Celebrating 50 years of the OECD Guidelines & the launch of the OECD Watch NGO
Fri Oct 30 2026 3:00 PM (UTC) Amsterdam, Netherlands Meet up
Dec10

National Australia Bank AGM 2026

The 2026 general meeting of NAB's shareholders
Thu Dec 10 2026 12:00 AM (UTC) Australia AGM
Dec16

Westpac AGM 2026

The 2026 general meeting of Westpac's shareholders
Wed Dec 16 2026 12:00 AM (UTC) Australia AGM
All events
Spotlight
Food, Land and Money
Who Controls the Global Food System? New report maps the corporations and financiers behind it and makes case for ending the Agribusiness Financial Complex and funding the Peoples’ Food Web
Singaporean banks said no to new coal. Loopholes say otherwise.
Tell Singaporean banks they must stop financing industrial captive coal. Take action with Market Forces.
New report: Banking on Climate Chaos 2026
The new Banking on Climate Chaos report showcases how the top 65 global commercial banks have financed fossil fuels companies and projects with USD 8.7 trillion since 2016.
Target Dodgy Deals

Simandou Iron Ore Project

Guinea | project

Rovuma LNG

Mozambique | project

Mozambique LNG

Mozambique | project

DRC Oil & Gas Auction

Congo, the Democratic Republic of the | project

Ternium Pesquería Steel Plant

Mexico | project

East African Crude Oil Pipeline (EACOP)

Uganda | project

Papua LNG

Papua New Guinea | project

ArcelorMittal

Luxembourg | company
All Dodgy Deals
Focus banks

Industrial and Commercial Bank of China (ICBC)

China

The International Consortium of Investigative Journalists released the China Capital investigation investigation in September. The global investigation "lays bare the hidden playbook of one of China’s most powerful banks."

ING

Netherlands

Evidence from Bank.Green's Watchtower tool found ING helped fossil fuel companies raise over $900 million in capital, in an apparent breach of its own recent policy to stop financing oil and gas companies that develop new fields. See Follow The Money.

OTP Bank

Hungary

At the end of September, Bloomberg reported that OTP Bank - the second largest international bank in Russia - had begun planning its exit from the country. The move will pile pressure on Austria's Raiffeisen to speed its own exit.

Standard Bank

South Africa

In Just Share's recent "How cool is your bank" report, Standard Bank remains the lowest-ranking of South Africa's banks, although its score has improved. It is also the only bank in the report with an energy portfolio largely weighted towards fossil fuels.

All banks
Campaigns and projects

Banks and Climate

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Banks and Nature

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Latest publications
BankTrack Nature StockTake report
2026-10-26 00:00:00 | BankTrack
Regulating Finance for Biodiversity
2026-10-21 00:00:00 | Forests & Finance
Banking on Biodiversity Collapse 2026
2026-10-15 00:00:00 | Forests & Finance
Food, Land, and Money
2026-09-23 00:00:00 | Friends of the Earth US
All publications
BankTrack in the Media
Banks lag behind investors on biodiversity
2026-10-26 00:00:00
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Sustainable Views
Shkeli sanksionet ndaj Rusisë/ OJF-të ndërkombëtare bëjnë thirrje për hetim të Raiffeisenit
2026-09-21 00:00:00
|
Dosja.al
European Banks Are Stopping Financing Israel’s Genocide
2026-06-08 00:00:00
|
Novara Media
Acciaio «green» o acciaio «sporco»? Una storia tra Messico e Italia
2026-04-29 00:00:00
|
Valori
All BT in the media
External News
East African Crude Oil Pipeline financing: Can Standard Bank’s climate claims survive scrutiny
2026-10-27 00:00:00
|
Daily Maverick
Philippine communities demand World Bank reinvest $39 million of toxic returns in remedy for affected people
2026-10-07 00:00:00
|
Inclusive Development International
UK banks are Europe’s biggest coal financiers, report finds
2026-09-30 00:00:00
|
The Guardian
Hungary’s Biggest Bank Looks at Exiting Russia With Baltic Deal Under Scrutiny
2026-09-28 00:00:00
|
Bloomberg
All external news
Website updates
On 2026-10-28 10:29:46 we created the Rovina Valley mining project project page.
On 2026-10-27 16:25:00 we updated the Natixis bank page.
On 2026-10-27 15:45:40 we updated the Itaú-Unibanco bank page.
On 2026-10-27 14:43:38 we updated the Norges Bank bank page.
On 2026-10-27 14:07:14 we updated the First Commercial Bank bank page.

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Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
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