Both ENDS
Press release 24 October 2019
Starting today, investors can use five criteria to test whether companies in the fossil sector are actively working on phasing out their fossil activities. Too many investors still seem hesitant to switch to a profitable future of sustainable energy and these criteria should help them do this. The organisations DivestInvest Network, Sustainable Energy (Denmark) and Both ENDS (the Netherlands) publish the report "Managed Decline of Fossil Fuel Businesses" today, which describes these five criteria. The criteria aim to help investors choose investments that are in line with the Paris goal "stay below 1.5 degrees Celsius warming." The recommendations are presented at the World Pension Summit deliberately, because pension fund investors in particular can take more responsibility in this.
On Tuesday 26 February Both ENDS was surprised by a very special visit: the Dutch Postcode Lottery stopped by to tell us that Both ENDS has been chosen as a beneficiary and has been allocated an annual donation of €500,000 for the coming five years! This is great news for us, as we can now expand our plans and take them to another level. Our director Danielle Hirsch explains.
Today, three representatives of the Honduran indigenous people's organisation COPINH, together with the family of environmental activist Berta Cáceres, who was murdered in March 2016, announced that they are preparing to press charges against the Dutch development bank FMO. COPINH accuses the FMO of complicity in human rights violations in connection with the controversial Agua Zarca hydroelectric project.
The farmers in the Sertão do Araripe region in Pernambuco state are smart. The small-scale family farmers know that securing a sustainable livelihood on the rich but vulnerable soils of the Sertão is only possible if they take good care of the environment. That means sound agriculture, making the best of every drop of available water, diligent use of natural fertilisers and pest-control and fighting for laws and policies that stimulate conservation rather than exploitation. The organisation CAATINGA helps the farmers to face the challenging conditions.
