Both ENDS
Today, on the eve of the UN Climate Change Conference, COP26, the fossil fuel divest-invest movement released a new report that details how institutions representing an unprecedented total of EUR 33.7 trillion worth of assets have now committed to some form of fossil fuel divestment, a figure that's higher than the annual GDP of the United States and China combined.
Fabio Schvartsman and Gerd Peter Poppinga attended a Securities and Exchange Commission (CVM) trial session, last Tuesday, October 1st. Poppinga was convicted by one of the CMV directors, but the second CMV director requested more time to review the case files, postponing the judgment by 60 days. Victims’ families and supporters will have to keep waiting for justice regarding one of Brazil’s worst human and environmental disasters.
272 innocent people were killed. A tsunami of toxic mud unleashed, some 12 million cubic metres of ore tailing into the surrounding areas. January 25th, 2024 is the solemn 5-year mark of the Brumadinho upstream mining dam collapse. This was Brazil’s worst environmental and industrial disaster.
As shareholders in Brazilian mining giant Vale S.A prepare to gather online for the company’s Annual General Meeting (AGM), communities from Brazil to Indonesia criticize the company’s track record on human rights and environmental stewardship. They also point to the almost $50 billion in mounting lawsuits against the company as a risk factor that should serve as a warning sign to investors.
A number of our colleagues at Both ENDS made a lot of noise at various locations around the country today, as part of the national Klimaatalarm (Climate Alarm) campaign. Annelieke Douma gave a short speech in Haarlem on the major role played by the Netherlands in climate change and environmental degradation beyond our borders. She made a number of suggestions that would immediately make Dutch foreign policy a lot more climate-friendly. Below is the text of her speech.
