In 1992, she founded Urgewald, a small organization that effectively challenges the conventional development model and provides concrete support to local communities fighting destructive projects in the Third World. In 1995, Urgewald succeeded in helping to stop a $1 billion-plan to build a large dam in one of the last intact ecologically intact valleys in the Himalayas – the Arun Valley in Nepal. Due to the efforts of Schücking and her colleagues, the German Government pulled out of the scheme and this in turn led the World Bank to follow suit. In addition to working for a reform of multilateral and bilateral aid, Urgewald has also begun to monitor subsidies that the German Government provides for private sector projects in Southern countries.
In 1997, Schücking and her colleagues played a major role in initiating a massive campaign to reform of the German Government’s Export Guarantee facility, Hermes. Export credit and export insurance agencies such as Hermes are assuming an increasing amount of the financial risk and burdens to catalyze private financing of large international investment and infrastructure projects that are environmentally destructive. The Hermes Reform Campaign is being supported by 140 German NGOs with a combined membership of over one million citizens and calls for the establishment of strict environmental and social standards for export guarantees.
Schücking also continues to be a movement builder in the international arena: In 1998, her group organized the first international NGO workshop on export credits and guarantees and has helped establish an international movement to make public export and investment subsidies sensitive to the rights of local communities and the environment.
Schücking and her organization, Urgewald are currently focused on organizing grassroots engagement aimed at getting commercial banks to stop financing destructive coal mining in Colombia, India, and in the Appalachia region of the United States. This program is being supported by the Jewish Community Foundation and the Goldman Environmental Foundation.