As a source of food, water and income, and for their cultural and spiritual meaning, forests and Non-Timber Forest Products (NTFPs) help ensure community resilience. Both ENDS has a long history of collaboration with partners such as the Non-Timber Forest Products Exchange Programme (NTFP-EP) and Keystone Foundation, which support forest communities in promoting the NTFP concept for forest conservation and livelihood enhancement.
Both ENDS collaborates with civil society organisations (CSOs) worldwide. Building strong, trusting relationships with our partners around the world is absolutely crucial to realising our vision. So when the COVID-19 pandemic hit, we immediately responded by reaching out to partners to show our solidarity and to ask them about their challenges and needs.
On Wednesday, April 14, seven countries, including the Netherlands, launched an initiative called Export Finance for Future (E3F), in which they set a number of ambitions with regard to phasing out export support for the fossil sector. Many NGOs worldwide, including Both ENDS in the Netherlands, have been calling for such an initiative in recent years and we are therefore pleased with this step. However, to achieve results and contribute to the Paris climate goals, countries will have to commit to much more ambitious goals than those now set. Concerned civil society organizations, including Both ENDS, therefore prepared a statement detailing the weaknesses they felt in the policy proposed by E3F, supplemented with recommendations for improvements.
FMO's new position statement on fossil fuel investments commits to ending new direct finance in the downstream and midstream coal and oil sectors, whilst still allowing for investments in gas-fired electricity generation under exceptional circumstances only. Both ENDS welcomes this development as a step in the right direction.
"Historical verdict", "unique decision", "landslide victory". Superlatives flew to our ears in the media yesterday, when it became clear that the judge ruled that Royal Dutch Shell must reduce its CO2 emissions by 45% by the year 2030. For the plaintiffs, including Both ENDS, the verdict is very hopeful, as it was for many co-plaintiffs and citizens interested in this court case.
During the formation of a new Dutch government after the general elections in March, a group of concerned citizens is holding a wake in front of the Prime Minister's residence to remind the political leaders of the climate crisis. On Friday May 28, they will pay attention to the international aspect, initiated by Cordaid, Oxfam Novib, Care, ActionAid, WECF, Hivos and Tearfund. Both ENDS is happy to support the initiative.
On 23 July 2020 a global network of NGOs working to strengthen corporate accountability for environmental destruction and human rights abuses, including Both ENDS, published an open letter to European Commission DG Justice Commissioner Reynders. The letter is a response to his recent commitment to propose legislation in 2021 on both corporate due diligence and directors’ duties as part of an initiative on sustainable corporate governance.
In a new Position Statement on Financial Intermediary (FI) Lending, Dutch development bank FMO argues for limited responsibility over the outcomes investments that are channeled through commercial banks, investment funds, and other financial intermediaries, representing by far the bigger sector of its portfolio. In doing so, FMO is undermining its development mission, including the protection of human rights and addressing the climate crisis. FMO intends to delegate these key responsibilities to its FI clients only, falling short of best practices of peer financial institutions. In a joint submission prepared by Both ENDS, Oxfam Novib, Recourse and SOMO, we argue that FMO can do much more to ensure the protection of human rights, the environment, and to measure the development impact of its indirect investments.