On Tuesday 24th of May the locks of the Barro Blanco dam in the Tabasará river in Panama, which is partly financed by the Dutch development bank FMO, were closed. This is in complete discord with the previous agreements between the Panamanian government and the leadership of the indigenous communities. Last august these parties had agreed that the reservoir of the dam would not be filled until a new agreement had been reached which includes all affected parties. According to the Panamanian government and the company Genisa the present filling of the dam is only a test. But this ‘test’ means that the water will rise 26 meters above the predicted future level of water.
The Corona crisis is showing us just how closely our current economy is irrevocably intertwined with the pollution of the planet and is making people all around the world more and more vulnerable. Both ENDS and MVO Nederland (CSR Netherlands) – are particularly concerned about what we hear about human rights, climate and the environment. We ask the Dutch government, in a letter to Minister Kaag, to commit to achieving the Sustainable Development Goals (SDGs) and the goals of the Paris climate agreement.
The Dutch Minister of Foreign Trade and Development regrets the fact that part of the Ngäbe-Buglé tribe is unhappy with the construction of the Barro Blanco dam in the river Tabasara in Panama. Ploumen said this in reply to parliamentary questions filed by Jasper van Dijk (SP). The Netherlands is involved in the construction of this controversial dam because of the loan provided by the Dutch development bank FMO. The minister does not have the intention of forcing the FMO to withdraw the loan, even though the basic human right of "free, prior and informed consent’ has been violated. A part of the Ngäbe tribe has not been informed before the plans were carried out. Anouk Franck of Both ENDS looks at the impact of the FMO loans.
The European Bank for Reconstruction and Development (EBRD) plans to give multinational Monsanto 40 million dollars to sell seeds and pesticides in Eastern Europe. Farmers and environmental groups from all around the world are shocked, since Monsanto is known for promoting genetically modified crops and pesticides. Today Both ENDS and partners from Eastern Europe requested the EBRD to stop this project.
For the very first time, the expert panel of the independent complaints mechanism of the Dutch development bank FMO will handle a complaint. It was filed on May 5 by residents of the area where the Barro Blanco dam is currently being built. These people form part of the indigenous Ngäbe-Buglé tribe. They feel that FMO has not adhered to its own social and environmental standards when they lent 25 million US dollars to build the dam. Anouk Franck of Both ENDS has been keeping a close eye on the situation.
Both ENDS and Oxfam Novib welcome the new SDG Loan Fund launched by FMO. The fund aims to invest more than a billion euros in loans to small and medium-sized enterprises in low- and middle-income countries, in the energy, inclusive financial services and sustainable agriculture sectors. At the same time, both organisations are concerned about the impact of money from the fund on normal people in future recipient countries.
Every 10 years, the mandate and activities of 'Export Development Canada' (EDC), the Canadian export credit agency, are reviewed. Since the last review took place in 2008, another review is currently underway. Both ENDS and a couple of other CSOs working from a number of countries made a joint submission as formal input to the legislative review. We did this especially in light of the Canadian governments' ambition to show leadership on climate change and to prioritise climate change action and clean economic growth.