Water is literally life, the lifeblood of ecosystems, of nature, of humans. However, in many places the distribution and use of water is unjust and unsustainable. Water management is generally focused on short-term economic interests, on maximizing the profit of a well-connected few at the expense of people and nature. This dominant view of water and water management has its origins in the European industrial revolution, which became the global norm through colonialism and globalization. But according to Melvin van der Veen and Murtah Shannon, water experts at Both ENDS, this view will have to give way to equitable, sustainable and inclusive water management. Both ENDS cooperates with and supports communities and organisations worldwide who are working to this end.
The European Investment Bank (EIB) has published its new policy for energy investments. In the new draft policy, the bank states to stop investing in fossil fuel related projects from 2020. This is good news for the climate, so Both ENDS and partners are happy with this draft policy. The shareholders of the bank, the member states of the European Union, still have to approve it.
Dutch export credit agency Atradius DSB announced yesterday that it is to provide export credit insurance worth 1,5 billion euros to Dutch dredging company Boskalis for a controversial land reclamation project in the Philippines. According to Dutch and international organisations, including Both ENDS, CARE Netherlands, IUCN NL, Kalikasan PNE and Oceana Philippines, the award of export credit insurance for this project runs contrary to the Netherlands' ambitions in the areas of environment and corporate social responsibility (CSR).
and Stijn Deklerck of Amnesty International Nederland
On 12 and 13 July, the Asian Infrastructure and Investment Bank (AIIB) will be holding its annual meeting in Luxembourg. This is the fourth annual meeting of the AIIB which was set up on the initiative of China. As a shareholder, the Netherlands will be attending the meeting.