Both ENDS
By Daniëlle Hirsch and Maria van der Heijden
The social debate on the Netherlands' role in the global economic crisis is now in full swing. At the centre of the debate is the question: how can we compensate for the setbacks affecting the Dutch economy without losing sight of efforts to make international trade and production chains more sustainable? We – Both ENDS and MVO Nederland (CSR Netherlands) – are particularly concerned about what we hear in these discussions about human rights, climate and the environment. That these are 'luxury problems' which we have no time to address at this time of crisis. And this, while 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. In short, we have to make our economy more resilient to such shocks. And that means committing ourselves to achieving the Sustainable Development Goals (SDGs) and the goals of the Paris climate agreement. We therefore address ourselves first and foremost to the government.
Atradius Dutch State Business (Atradius DSB) remains responsible for observing social, environmental and human rights, also after providing export credit insurance. That is the conclusion of the Dutch National Contact Point (NCP) for the OECD Guidelines in its final statement, which was published today. Both ENDS issued a press release about this.
18 september - The court in Rotterdam today ruled that Dutch dredging company Boskalis does not have to make information on the social and environmental risks of its sand extraction operations in the coastal zone near Makassar, Indonesia, available to local fishing communities affected by the activities. Environmental and human rights organisation Both ENDS had initiated legal action against the company. The court declared Both ENDS inadmissible and did not consider the case. Both ENDS brought the action on behalf of Indonesian fishing communities after Boskalis had rejected repeated requests to provide information on the impact of its activities.
The Dutch pension fund, ABP, invested about two billion euros more in the fossil energy industry at the end of 2016 than the year before. This is announced by the report "Dirty & Dangerous: the fossil fuel investments of Dutch pension fund ABP," published today by Both ENDS, German urgewald and Fossielvrij NL. The report criticizes these investments because of the impact on the climate and the catastrophic consequences for the people in the areas where coal, oil and gas are being produced.
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.
Worldwide, hundreds of millions of people live in areas where the soil is depleted; often they are forced to, or the region they have been living in for generations has become increasingly arid over time. The desert is advancing and this is a global problem. Opinions about the causes of land degradation and desertification, but especially about the solutions, are very divided. To discuss this, the biennial global conference on desertification will take place from 2 to 14 September. This is where policymakers, scientists, NGOs, female and male farmers and pastoralist, herders and companies from all over the world come together. Our colleague Nathalie van Haren is present at the conference and explains why.
Exporting goods or exporting debts? Eurodad, the European network on debt and development of which Both ENDS is a member, released a new research about the often disastrous effects of Export Credit Guarantees.
‘The polluter pays’ is a good principle, but what about the institutions that financially support polluting companies and projects? Shouldn’t banks, that are often major investors in unsustainable activities, take their responsibility and pay as well? In the end, these banks also cash in. Pieter Jansen of Both ENDS contributed to research about the ‘Green Credit Policy’ of Chines banks, executed by the Chinese NGO ‘Green Watershed’. Pieter Jansen of Both ENDS and Chen Yu of Green Watershed have launched the report 'Green Credit Footprints of Chinese Banks'.
