Both ENDS
The Dutch development bank FMO is not sufficiently transparent about the projects it finances and is therefore acting contrary to its mandate. This is evident from a new report published by the International Accountability Project (IAP) and the Foundation for the Development of Sustainable Policies (FUNDEPS), endorsed by 28 organizations including Both ENDS, SOMO, and Oxfam Novib. The research assesses FMO's disclosure and access to information practices for investments proposed between January 1, 2019, and May 31, 2020. Only in 25% of the cases was it disclosed what potential negative consequences an investment by FMO would have for people and the environment.
Elections are soon to be held in the Netherlands. The political parties are sharpening their knives and have outlined their plans in hefty manifestos. Not surprisingly, they mainly focus on domestic issues. International themes are primarily addressed in terms of opportunities for Dutch companies and threats in areas like health, privacy and competition that we need to protect ourselves against. But if we want to make the Netherlands sustainable, we especially need to look at our footprint beyond our own borders and make every effort to reduce it. In the weeks leading up to the elections, Both ENDS looks at where the parties' manifestos offer opportunities to achieve that.
The vast majority of climate finance is channelled to (and through) big institutions and large-scale projects, often without taking into account the wishes and interests of local communities. Both ENDS is working with diverse partners worldwide to address this problem, with a special focus on the Green Climate Fund (GCF).
Export credit agencies (ECAs) play a central role within the complicated web of global development finance. In 2018, Both ENDS invested in strengthening cooperation among organisations working on ECAs, building a strategic global collaboration to stop ECAs' support of fossil fuels and improve their environment and human rights record.
Civil society organisations from around the world condemn the statements by representatives of palm oil companies during a meeting with the Malaysian government. In this meeting, the company representatives called critical NGOs "toxic entities" and asked the Malaysian government to not let these NGOs into the country. Both ENDS' partners have published a reaction in which they defend their right "to expose the realities we face in their communities about the impacts of the palm oil sector".
Civil society organisations from around the world condemn the statements by representatives of palm oil companies during a meeting with the Malaysian government. In this meeting, the company representatives called critical NGOs "toxic entities" and asked the Malaysian government to not let these NGOs into the country. Both ENDS' partners have published a reaction in which they defend their right "to expose the realities we face in their communities about the impacts of the palm oil sector".
Amsterdam, 3 February 2020 - A step forward, but oil and gas remain a blind spot in Dutch pension fund ABP's new investment policy published today. That's what environmental organisations Both ENDS, Fossielvrij NL, Greenpeace Netherlands and urgewald say in response to the new climate policy of the EU's largest pension fund, with assets over 442 billion euros. Although ABP is taking first steps to invest sustainably, more is needed to stop the climate crisis.
A report published yesterday by Amnesty Central America shows that the plans for a new canal leads to numerous violations of human rights in Nicaragua. And that's even before the works have started. Many organisations therefore protest against the canal, supported by Both ENDS.
At the end of November, the organisations WALHI South Sulawesi (part of Friends of the Earth) and Both ENDS filed a formal complaint with the Dutch export credit agency Atradius DSB. Despite the warnings from local communities for the negative consequences of a land reclamation project in the bay of Makassar, Atradius DSB advised the Dutch government to provide dredging company Boskalis with insurance for the execution of the project. The consequences for the fish stock, the beach and the lives of thousands of small-scale fishing communities are severe. Atradius DSB has not sufficiently investigated these harmful consequences beforehand.