Amsterdam, 3 February 2020 - A step forward, but oil and gas remain a blind spot in Dutch pension fund ABP's new investment policy published today. That's what environmental organisations Both ENDS, Fossielvrij NL, Greenpeace Netherlands and urgewald say in response to the new climate policy of the EU's largest pension fund, with assets over 442 billion euros. Although ABP is taking first steps to invest sustainably, more is needed to stop the climate crisis.
On Thursday November 7th, a group of European NGO's including Both ENDS, sent a letter to Vice-President of the EU Frans Timmermans, in which they ask him to support the phase out of European Investment Bank’s fossil fuel financing by the end of 2020.
A coalition of NGOs today launched the Financial Exclusions Tracker, a new website that tracks which companies are being excluded by investors and banks for sustainability reasons. Most excluded corporations are barred due to links to fossil fuels, weapons or tobacco.
We are very proud that our director Daniëlle Hirsch has been included again in the ‘Sustainable 100’ (an annual ranking list published by Dutch newspaper Trouw), and has gone up more than 40 spots compared to last year! Danielle was included in the list because of the many things she does with her organisation as a whole, but she got the higher ranking for the way she combines her criticism of the destructive role of the Netherlands as a trading nation and large cause of CO2 emissions in the world (often supported by the Dutch government), with a constructive attitude when it comes to finding alternatives and solutions.
The UN Climate Change Conference in Dubai (COP28) has come to an end. Both ENDS and our partners were well represented at the event. History was written, literally, in Dubai, as in the final document the attending countries finally put down on paper that the world must move away from fossil fuels. That is the beginning of the end for the fossil industry. Niels Hazekamp and Daan Robben look back: what did Both ENDS do there and what do we think of the outcome?
Almost two-thirds of the export credit insurances that Atradius DSB provided in the 2012-2018 period went to the fossil energy sector. That is contrary to the climate agreements that the Netherlands signed in Paris.
Oil Change International is mainly focused on research, communication, and advocacy. Charity Migwi helps with campaigning to get fossil fuel companies to face out their production of oil and gas. In Africa, for instance Nigeria and Senegal, she works together with communities, especially where the projects are happening to see how they can collaborate and strengthen each other. And they are under pressure of time. Where advocacy takes patience and time, climate change impacts are rising daily. A personal talk about the importance of things that are worth fighting for. At Both ENDS, our aim is to connect people for change.