Both ENDS
The production of palm oil is causing social and environmental problems worldwide. Both ENDS is working to make the sector fairer and more sustainable and is promoting alternatives for palm oil.
The Pantanal, the world's largest freshwater wetland, is suffering exceptionally devastating forest fires, mostly caused by human activities. Over the past few months, an area as big as Northern Ireland has burned down. Both ENDS's partner organisations call for attention for this ecological and social disaster.
On September 16, 9 members of the Save Bugoma Forest Campaign in Uganda have been arrested. One of them works for AFIEGO, a partner organization of Both ENDS. The members of the Save Bugoma Forest campaign were in the Hoima province to take part in a peaceful demonstration aimed at stopping the destruction of Bugoma forest for sugarcane growing and oil activities.
Both ENDS is co-organising a double panel discussion 'Delta Dynamics: Dutch Masterplans and the SDGs' on June 26th. This is part of the conference 'Critical Perspectives on Governance by Sustainable Development Goals: Water, Food and Climate (25-26 June 2018)' organized by the Centre for Sustainable Development Studies at the University of Amsterdam. At the sessions Both ENDS' partners from Jakarta and Manila will be presenting.
Pension funds have a lot of influence because of their enormous assets. Both ENDS therefore wants pension funds such as the Dutch ABP to withdraw their investments from the fossil industry and to invest sustainably instead.
In 2017 Both ENDS stepped up its efforts to stop the Dutch government from supporting the fossil fuel industry. Phasing out fossil fuels is key to achieving the goals set in the Paris Climate Agreement. To Both ENDS, there is another reason: fossil fuel-related projects often have disastrous effects for the poorest people in the Global South.
For several years now, Both ENDS has been drawing attention to the downsides of existing Bilateral Investment Treaties (BITs) between the Netherlands and countries in the Global South. In 2017, an important step was taken, when Uganda decided to terminate its BIT with the Netherlands, as advised by Both ENDS and our local partner SEATINI.
The value of ABP's pension fund investments in fossil fuel companies has fallen by 44% from end of last year to its lowest point on March 16 this year, while the value of the rest of the portfolio decreased by 26%. This impact can be seen in simulations based on the publicly available equity portfolios of Dutch pension funds ABP and Zorg en Welzijn (PFZW), carried out by research agency Profundo on behalf of Both ENDS. The simulations show that the risks of investing in the fossil fuel sector are increasing.
Today, more than 340 organisations from both South America and Europe, including Both ENDS, have sent a joint open letter to European Union leaders calling for the EU to cease negotiations on the EU-Mercosur Free Trade Agreement. The organisations and their constituencies are seriously concerned about increasing violations of indigenous human rights and damage to nature and the environment in Brazil.