Both ENDS
The planned initial public offering (IPO) of Malayan state-owned enterprise Felda Global Ventures Holdings (FGVH) will take place this month (28th June). It will be underwritten by Deutsche Bank, JP Morgan and Morgan Stanley; with an expected valuation of around 2.5 billion Euro this will be the second biggest IPO ever, trailing Facebook. A significant detail is that FGVH is controlled by the governing part UMNO, led by Prime Minister Mohd Najib Abdul Razak. The upcoming privatisation might be prompted by a need to generate capital for the upcoming elections.
Jane Lingbawan is Executive Director at Center for Development Programs in the Cordillera (CDPC), a Pilipino organisation linked to the Cordillera Peoples Alliance (CPA). We spoke with her about her expectations for the RIO+20 conference.
A global campaign against the power of corporations widely violating, human rights was launched during the Peoples Summit in Rio de Janeiro. Both ENDS is one of the dozens of national and international organizations supporting the campaign and the contents of the press release below.
Nathalie van Haren, senior policy officer at Both ENDS, is participating in the RIO+20 conference that officially started today. Whilst the draft text presented last March was no reason for optimism, Van Haren remains hopeful that the international community will take the necessary decisions. In an interview by Vice Versa (A Dutch magazine on development cooperation) she explains why a strict focus on the environment, seen in the draft text, is problematic.
<p >The Association of Saramaccan Authorities (ASA) is an organisation consisting of 61 Saramaccan village leaders from Suriname, fighting large scale land rights violations. Logging companies are exerting great pressure on the area and the Surinam government does little about it. ASA campaigns for the protection of the region and the enhancement of inhabitants' influence. We spoke with Hugo Jabini from ASA about his expectations for RIO+20.
Song Trangh 2 Dam in Quang Nam (Vietnam) is leaking. This poses a serious danger to local communities and their livelihood. There is little room for any public debate about the problems, despite the local populations' deep concerns. To try and find a solution, Both ENDS' partner organisation Vietnam Rivers Network (VRN) organised a workshop in cooperation with authorities and experts.
FARN (Environment and Natural Resources Foundation) is one of Both ENDS' partner organisations. FARN pressures the Argentinian authorities to make its policies more sustainable, through existing national and international law and legislation. We spoke with Ana di Pangracio, a lawyer specialised in environmental law and working at FARN.
