Both ENDS
Residents belonging to the indigenous Ngäbe-Bugle people living on the traditional indigenous territory surrounding the Barro Blanco dam in Panama, have filed a complaint against the Dutch development bank FMO. The bank has invested $ 25 million in the dam that is currently under construction in the river Tabasará. The Ngäbe-Bugle blame FMO for not adequately following its own social and environmental standards. FMO also violates…
It can be hard to establish small-scale adaptation projects in developing countries, because governments, development banks and donors generally prefer to finance larger initiatives. Of course, a single large project is more visible and easier to manage than ten small ones. But it is extremely important that the very small-scale initiatives, which are based on the knowledge and needs of local communities, are supported. How can we ensure…
Our own Dutch development bank FMO recently introduced a complaints mechanism. This means that anyone adversely affected by a project supported by the FMO may file a complaint.
Amnesty International, Bank Track, Both ENDS and SOMO have contributed to the design of the complaints mechanism and have now issued a response to the final result.
Anouk Franck of Both ENDS has provided input into the complaints mechanism and explains why it is so important for institutions to have a good…
Almost 40 civil society organisations and networks from around the world, including Both ENDS, today sent a letter to Dutch Minister for Foreign Trade and Development Cooperation Sigrid Kaag and State Secretary for Finance Hans Vijlbrief. They are asking the ministers to ensure that the expansion of export credit insurance as a result of the Corona crisis contributes to a green recovery.
To address the climate crisis we need to urgently transition away from fossil fuels towards clean, renewable energy. However, this transition is not only about changing energy sources. It requires an inclusive and fair process that tackles systemic inequalities and demanding consumption patterns…
Last June, President Obama called upon the national and international community to give no more public support to foreign coal. Shortly after this, the World Bank and the European Investment Bank EIB followed the example, setting stricter criteria for loans to energy companies, which will make it…
The Dutch Entrepreneurial Development Bank (FMO) has put pressure on the Panamanian government to proceed with the construction of the Barro Blanco dam. This was reported by the Dutch Newspaper ‘de Volkskrant’ on Monday the 18th of May. Construction works were suspended last February after the Panamanian environmental authority had found out that the company carrying out the construction – the Panamanian company Genisa – had violated environmental regulations and had failed to make proper arrangements with local Ngöbe communities. FMO is one of the investors in the…
