What is the reason behind the European Investment Bank’s 500 million loan to the Brazilian development bank BNDES? The money, paid for by the European taxpayer, comes from the ‘climate funds’ intended for projects to stop climate change. Does this make BNDES the most logical choice? Anouk Franck went to Brazil to find out more about this loan.
Last Friday, 29 May, it was announced that both the Fair, Green and Global Alliance (FGG) and the Global Alliance for Green and Gender Action (GAGGA) have been selected as two of the 20 potential strategic partnerships of the Dutch Ministry of Foreign Affairs for the 2021-2025 period. Both ENDS is pleased that the Dutch government is seriously considering extending its support to these networks, as they show that cooperation on the basis of equality between grassroots organisations and NGOs throughout the world can continue to bring about change in the position of women, in respect for human rights and in making trade chains and financing systems sustainable.
The Joke Waller-Hunter (JWH) Initiative creates opportunities for young people in the environmental sector in developing countries to unfold their full potential. By providing small grants to individuals to expand their knowledge, experience and training, the Initiative aims to strengthen environmental Civil Society Organisations capacity and efficiency. Grantee Brighton Aryampa wrote a column for Monitor about his journey to becoming a Human Rights Defender, and his work battling the EACOP.
New research by Both ENDS, Fossielvrij NL and urgewald shows that, in 2017, pension fund ABP invested 500 million euros more in coal, oil and gas than in the previous year – a total of 10.9 billion euros. These investments in fossil fuels not only stand in sharp contrast to ABP's claim that it has achieved substantial successes in its climate policy, but are also in flagrant violation of the Paris climate agreement. Unlike international forerunners among pension funds, ABP continues unabated to invest in the fossil energy sector.
Negusu Aklilu from Forum for Environment is voted one of Ethiopia's most influential people by Addis Neger, Ethiopia's largest newspaper. He is honoured for his work on putting Africa - the continent hardest hit by climate change - on the international climate calendar by coordinating the African Climate Appeal. This appeal states that African countries should be compensated for the effects of climate change, caused by green house gasses emitted by developed countries. He has been at the forefront in signing the Appeal together with the 2004 Peace Nobel Laureate and environmentalist Wangari Mathai.
Today, 800 million (almost 1 billion!) people around the world suffer from acute hunger. Add to that the almost two billion people who do not have access to even a minimum of healthy and nutritious food, and the way in which food production currently causes deforestation, erosion, pollution and climate change, and it’s clear why it’s time to do things differently! The Dutch government has set itself the goal of tackling this problem thoroughly and food security is one of the focus areas of the Netherlands’ development cooperation policy. Both ENDS shares that ambition, but feels that the government’s approach could be much better and more future-proof.
After nearly two years of discussions, the Organisation of Economic Cooperation and Development (OECD) member countries have reached an agreement on reducing their support to some coal plants through their export credit agencies (ECAs). The agreement comes a day after the G20 has reiterated its willingness to reduce inefficient fossil fuel subsidies and only 12 days before the start of COP21, the climate change conference. The agreement, which takes effect in 2017, still allows the most efficient “ultra-supercritical” plants, and less efficient plants in the very poorest countries.