Experts are pushing for the creation of a “NATO bank” to create a “Trump-proof” alliance, the Guardian reports

In a report published on October 9 and seen by the Guardian, German and British think tanks called on policymakers to create a “NATO bank” to “Trump-proof” the alliance’s military spending.

Allies must prepare because if Donald Trump wins next month’s presidential election, he could quickly reduce U.S. defense spending in Europe, push for a peace deal with Ukraine that cedes parts of its territory to Russia, and possibly out of NATO entirely exit, says the joint report The New Diplomacy Project and the German Friedrich Ebert Foundation were quoted by The Guardian.

To reduce the potential impact of a second Trump presidency, NATO countries should support the establishment of a multilateral lending institution, effectively a NATO bank, the report said.

This could “save countries millions on purchasing vital equipment, offer alliance members low interest rates on loans and introduce a new financing line with longer repayment periods,” the report said.

Recently, US Republican presidential candidate Trump criticized Washington’s involvement in the war in Ukraine, saying the country is stuck and can only “get out” if he wins the election.

In early September, Trump refused to say during a presidential debate with Kamala Harris that he wants Ukraine to win the war.

The report highlights additional threats that a Trump victory could pose, including a breakdown in diplomatic communications between the U.S. and Europe and the withdrawal of U.S. troops and military supplies from the continent.