Both ENDS
On Monday 11 May, at the government's request, the Advisory Council on International Affairs (AIV) published an emergency advisory report on how the Netherlands can make an effective contribution to the worldwide fight against the Corona virus. Together with companies, scientists and environmental, human rights and development organisations, Both ENDS is today presenting a response to this report, in which we make a number of suggestions for investing in countries and people with insufficient resources to tackle the crisis effectively.
Joint press release from Both ENDS and Fossielvrij NL - 26 March 2019
A group of 22 wealthy Dutch investors have decided to disinvest all their personal capital, worth a total of 200 million euros, from the top 200 oil, gas and coal companies. The investors have pledged to disinvest all their capital from the fossil industry within three to five years. By doing so, they are giving a clear signal that they do not want their capital to contribute to disastrous climate change.
Ikal Angelei, founder of Friends of Lake Turkana in Kenya, a partner organisation of Both ENDS, received the prestigious Goldman Environmental Prize this week for her battle against the construction of the infamous Gibe 3 dam in Ethiopia. The construction of this dam would severely damage the ecosystem around Lake Turkana and have disastrous consequences for the indigenous people and their natural habitat.
In September this year the UN held its annual meetings in New York. The Dutch government was well represented: with the Prime Minister, the Minister of Foreign Affairs and the Minister for Development Aid all attending. Both ENDS was also in New York to call for the inclusion of the right to water and sanitation in the Millennium Development Goals. We spoke with the Dutch Prime Minister, attended high-level meetings, and published an opinion article.
“Quite shocking”, said Anouk Franck from Both ENDS. “The International Finance Corporation is unaware of the social and environmental consequences of their investments in private enterprises in developing countries and emerging economies. This was observed by the Ombudsman of the IFC itself.”
Local organisations and groups must be given access to climate finance from the Green Climate Fund. They know exactly what is happening in their local context and what is required for climate adaptation.
