Both ENDS
Both ENDS letter to the Asian Infrastructure Investment Bank on the Environmental and Social Framework review.The AIIB adopted its Environmental Social Framework shortly after it opened for business in 2016. In fact, the AIIB didn't consult widely for the draft policy at the time. A full review in fact still has to be conducted.Safeguards policies are of crucial importance for project affected people to hold banks to account. However, Environmental and Social Frameworks (ESF) nowadays replace safeguards at banks. The ESF model leads to a reduction of a Bank's direct and mandatory role in overview, including due diligence, monitoring, and evaluation, of Bank funded activities and investments, along with a shift towards a greater reliance on client self-assessment and self-reporting.
On 22 May European citizens will head to the polls to vote for the European Parliament. The outcome will have a major impact on the policies emanating from Brussels. These elections are not just about the choice for or against Europe, but about what kind of Europe we want. Trade and investment policy is an important part of the European project. Up till now however, this policy has not served people and planet. Curious which politicians will commit themselves to a fair and sustainable European trade and investment policy? Take a look at the list of candidates for the European Parliament who have signed the pledge of the Alternative Trade Mandate alliance.
