Countries could be facing a wave of cases from transnational corporations suing governments over actions taken to respond to the Covid pandemic using a system known as investor-state dispute settlement, or ISDS. 630 organisations from across the world, representing hundreds of millions of people, are calling on governments in an open letter to urgently take action to shut down this threat.
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.
These days, government leaders of the Eurozone meet again to discuss the Greek debt crisis. It is all or nothing; Greece’s future hangs by a thread. Greece cannot possibly meet its payment obligations, so the only way to help the country back on its feet is debt cancellation. Such is the view of a large number of organisations in Europe, including Both ENDS. Wiert Wiertsema of Both ENDS explains why.
The European Parliament in its plenary session on the 5th of April, adopted a proposal to regulate Export Credit Agencies (ECAs) that will force them to become more transparent on where their funds come from, and go to, as well as how they count social and environmental risks. Furthermore, the Parliament requires ECAs to comply with EU human rights objectives in their activities, and to phase out the subsidising of fossil fuel projects in line with commitments adopted by the G20 in 2009.
The closing of the Barro Blanco dam last year caused not only material but also cultural damage in the affected Ngäbe-Buglé communities in Panama. So far, funder FMO is not taking responsibility for the human rights abuses caused by the project. So, what now?
The successes of Both ENDS’ work are usually the result of prolonged efforts. The same goes for our endeavours in Suape, Brazil. This week, Wiert Wiertsema and a representative from partner-organisation SOMO took off to Brazil to support another milestone. Around thirty parties from different states in the country, including environmental organisations, lawyers and of course, representatives of the Forum Suape as well, gathered in the port. This shows that the social movement that has risen as a reaction to the disastrous expansion of the port and industrialisation is also slowly taking shape elsewhere in Brazil. The saga of Suape seems to have become a stone cast in the pond of Brazilian environmental politics.