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Posts by Counter Balance

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New SLAPP lawsuit by ENI against ReCommon over licences awarded to the fossil fuel multinational in Palestinian waters. The organization: โ€œThis is yet another attempt to silence us; we will not back d... Rome, April 15, 2026 โ€“ ReCommon condemns ENIโ€™s decision to file yet another frivolous lawsuit against the association in an

๐Ÿ”ด ReCommon condemns ENIโ€™s decision to file yet another frivolous lawsuit against the association in an attempt to silence its representatives.
๐Ÿ‘‡
www.recommon.org/en/new-slapp...

6 days ago 38 30 1 8
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Billions shifted out of fossil fuels - NGOs WIN! Letโ€™s celebrate it! Let's celebrate two major wins: no more public money for fossil fuels, nor for a deadly gas project in Mozambique.

๐Ÿ“… 15 April 2026
๐Ÿ• 19:00 - 20:15 CET
๐Ÿ“ Buen Vivir

๐ŸŽค Adam McGibbon (Oil Change International) & Lora Verheecke (Counter Balance)

๐ŸŽ‰ Join us in the celebration ๐Ÿ‘‡

www.eventbrite.com/e/billions-s...

1 week ago 0 0 0 0
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Have you registered yet? โ“

Tomorrow at Buen Vivir: celebrate TWO big wins ๐ŸŽ‰

๐Ÿšซ No more public money for fossil fuels
๐Ÿšซ No funding for a deadly gas project in Mozambique

Letโ€™s learn the tactics behind this successful campaign and explore how these lessons can be applied to other campaigns.

1 week ago 1 0 1 0
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Billions shifted out of fossil fuels - NGOs WIN! Letโ€™s celebrate it! Let's celebrate two major wins: no more public money for fossil fuels, nor for a deadly gas project in Mozambique.

Letโ€™s celebrate, learn, and get inspired together ๐ŸŽ‰

๐Ÿ“… Wednesday 15 April 2026
๐Ÿ• 19:00 โ€“ 20:15 CET
๐Ÿ“ Buen Vivir, Pl. Fernand Cocq 23, 1050 Ixelles

๐Ÿ‘‰ Register now: www.eventbrite.com/e/billions-s...

1 week ago 0 0 0 0

๐ŸŽค Frank Vanaerschot, director of Counter Balance and co-founder of the platform โ€œBelfius est ร  nousโ€ will make the connection between how the Belgian government is using the Bank and Counter Balanceโ€™s work on the role of public investment in the EU.

Join us!

1 week ago 0 0 0 0
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Today, Librex, Rethinking Economics ULB, and Revue politique are hosting the conference โ€˜Belfius: Who Benefits from privatisation? ๐ŸŽค๐Ÿฆ

The aim is to examine the governmentโ€™s plan to privatise the Belgian state-owned bank, Belfius ๐Ÿ‡ง๐Ÿ‡ช

๐Ÿ“… 9 April
๐Ÿ•– 7:00 PM
๐Ÿ“ Paul Hatry Lecture Theatre (R42.4.402)

1 week ago 0 0 1 0
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From โ€œsustainableโ€ arms to self-sustained militarisation: the role ofโ€ฆ

(3/3) EIB loans to arms companies have to be repaid with interest. ๐Ÿ’ธ

That only works if the investment is profitable. Arms investments are only profitable if weapons get sold, used, and renewed. ๐Ÿ’ฅ๐Ÿงจโ€ผ๏ธ

Public climate finance now has a financial stake in the arms trade continuing.

๐Ÿ”— Read more ๐Ÿ‘‡

3 weeks ago 0 0 0 0

(2/3) ๐Ÿ‡ช๐Ÿ‡บ๐Ÿฆ The EU's "climate bank" gave โ‚ฌ500M to Safran, one of the world's top arms manufacturers, and counted it as climate action.

The logic: if a weapons system runs on cleaner fuel, it's a green investment, even though the military is among the world's largest polluters. ๐Ÿช–๐Ÿ’ฃ

3 weeks ago 0 0 1 0
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(1/3) ๐Ÿ’ธ๐Ÿ’ฃ Defence spending is having its moment. In the EU, military budgets are growing fast and with little public debate about where the money comes from or what it funds.

The @eib.org is playing its part. ๐Ÿงต๐Ÿ‘‡

3 weeks ago 0 0 1 0
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Billions shifted out of fossil fuels - NGOs WIN! Letโ€™s celebrate it! Let's celebrate two major wins: no more public money for fossil fuels, nor for a deadly gas project in Mozambique.

How did this happen and what can we learn from it? ๐Ÿ’ก

Join @loraverheecke.bsky.social (@counter-balance.bsky.social) and Adam McGibbon (@oilchange.bsky.social) for a behind-the-scenes look at the campaign.

๐Ÿ“… 15 April 2026
๐Ÿ• 19:00 - 20:15 CET
๐Ÿ“ Buen Vivir

๐ŸŽ‰ Join us in the celebration ๐Ÿ‘‡

3 weeks ago 1 1 0 0
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Billions are being shifted away from fossil fuels, and thatโ€™s worth celebrating ๐ŸŽ‰

โœ… The UK ended public finance for fossil fuel projects abroad.

โœ… Millions were stopped from funding a harmful LNG project in Mozambique

๐ŸŽ‰ Join us in the celebration: bit.ly/4sFaC8G

3 weeks ago 1 0 1 0
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70 organisations have written to MEPs asking them to vote against the #PCIlist proposal for a new generation of hydrogen and fossil fuel pipelines.

We call on the Commission to draw up an electricity-only list of projects to avoid fossil fuel lock-in.

www.foodandwatereurope.org/wp-content/u...

4 weeks ago 16 11 1 1
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Scandal alert!
๐Ÿ–‹๏ธ VDL has officially declined to meet the people.
While sheโ€™s busy with the industry, she has declined the 270+ groups waiting for her. Weโ€™re withholding our ball because we don't talk to empty chairs.
Stay tuned: the ton isn't going anywhere, and we have a lot to say about this snub.

1 month ago 23 14 1 1
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๐Ÿ“ฃ 270+ organisations gathered. A ballroom prepared. And the Guest of Honour? She has declined the dance.

๐Ÿ‘€ It seems @vonderleyen only has eyes for her industrial suitors.

๐Ÿ˜ฑ The @EU_Commission has officially refused to meet the people. #AntwerpCounterSummit

A scandal, truly.

1 month ago 21 18 3 1
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The signing behind the talking

โšก๐Ÿ›ก๏ธโ›๏ธ 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?

๐Ÿ”— Read the full blog ๐Ÿ‘‡

counter-balance.org/news/the-sig...

1 month ago 1 0 0 0
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๐Ÿ‡ช๐Ÿ‡บ๐Ÿฆ A new blog on the @eib.org Forum 2026 is out!

For three days, bankers, ministers and CEOs from big companies discussed Europeโ€™s investment future. But behind the panels, speeches and networking, something else was happening: contracts were being signed.

1 month ago 1 1 1 0
Joint Letter to the EIB: the bank must meet its climate legalโ€ฆ

๐ŸŒโš–๏ธ The @eib.org 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.

Read the letter๐Ÿ‘‡

1 month ago 0 0 0 0
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๐ŸŒ๐Ÿค At the recent EIBF Forum, โ€œwin-win partnershipsโ€ 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. ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ’ฐ

More below ๐Ÿ‘‡

1 month ago 0 0 0 0
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In #EIBForum, happy as the EIB says we can not go back to #fossilfuels in front of Eni lobbyist but so sad not to hear any voices against #nuclear, #CCS (Eni's favourite)

1 month ago 3 1 1 0
Unpacking the European clean industrial agenda by EU Watchdog Radio While negotiations for the next EU budget are underway, the European Commissionโ€™s plan to set up the European Competitiveness Fund (ECF) as the main vehicle to achieve its clean industrial agenda. In ...

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 ๐Ÿ‘‡

1 month ago 0 0 0 0
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๐ŸŽ™๏ธ A new episode from the #EUWatchdogRadio is out!

Today marks the one-year anniversary of the EUโ€™s flagship Clean Industrial Deal. But so far who benefits, and who actually decides the direction of Europeโ€™s green transition?

๐ŸŽง Listen: spotifycreators-web.app.link/e/0hGcv52J40b

1 month ago 0 0 1 0
Joint Letter to the Swiss export credit agency, SERV

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 ๐Ÿ‡จ๐Ÿ‡ญ to honor its climate commitments and immediately cease issuing export credit insurance for gas-fired power plants.

Read ๐Ÿ‘‡

1 month ago 2 0 0 1
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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.

๐Ÿ”—Read more: counter-balance.org/publications...

1 month ago 0 1 0 0
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Who decides that a project 'needs' public support?

๐Ÿ‘‰ The Investment Committee

It approves the use of the EU budgetary guarantee โ€” 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 ๐Ÿค”

1 month ago 1 0 1 0
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Take Verkorโ€™s Gigafactory in France ๐Ÿ‡ซ๐Ÿ‡ท

While a main shareholder Renault recorded record profits and increased dividends, InvestEU concluded the project required public support.

No binding conditions. No obligation to change business models. ๐Ÿš—๐Ÿ’จ

1 month ago 1 0 1 0
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๐Ÿšจ A vague definition of 'additionality' lets public guarantees back projects from companies that already have plenty of resources.

And fails to attach conditionalities that would ensure companies invest their own resources and profits in productive, environmentally sustainable activities. ๐ŸŒฑ

1 month ago 0 0 1 0
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๐Ÿ’ธ InvestEU is set to become the cornerstone of the European Competitiveness Fund (ECF) in the next ๐Ÿ‡ช๐Ÿ‡บ budget.

Yet there is still no comprehensive assessment of its impact on the real economy.

Headline numbers โ‰  real investments.

1 month ago 1 0 1 0
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Industry Support at All Costs? ๐Ÿ‡ช๐Ÿ‡บ

Our new report shows how InvestEU is scaling up public guarantees while undermining a just transition. ๐Ÿงต๐Ÿ‘‡

๐Ÿ”— Read more: counter-balance.org/publications...

1 month ago 6 8 1 1
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โš ๏ธ The latest proposals from @ec.europa.eu for the #MFF have serious repercussions for intโ€™l #development, accelerating the shift towards private finance over the EUโ€™s mandate to reduce poverty & tackle inequalities.
How? See our ๐Ÿ†•report or the ๐Ÿงตbelow: www.eurodad.org/mff_blended_...
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2 months ago 6 6 1 0
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The response to the Global Gateway must be collective. โœŠ

We need new alliances โ€” especially with labour โ€” 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-...

2 months ago 0 0 0 0