Representatives of the Dutch and the German development banks (FMO and DEG) are in Panama today to discuss the future of the controversial Barro Blanco project with the government. Last May, the locks of the dam were closed to test the dam, in complete breach of all previous agreements. Part of the surrounding land is now flooded and some residents might soon have to be evacuated. Both ENDS, together with seven other organisations sent a letter to the directors of the two banks, urging them to assume their responsibilities as investors in the project.
“Quite shocking”, said Anouk Franck from Both ENDS. “The International Finance Corporation is unaware of the social and environmental consequences of their investments in private enterprises in developing countries and emerging economies. This was observed by the Ombudsman of the IFC itself.”
Many countries heavily support fossil fuel investments abroad through their export credit agency (ECA). This contributes to carbon lock- in, whereby companies or even countries commit themselves to a certain amount of greenhouse gas emissions for the lifetime of the infrastructure — oftentimes years or even decades. This seriously delays the transition to renewable energy sources, and is certainly not in line with Art. 2.1c of the Paris Agreement.
Highlighting the impacts caused by export finance in the global South, this side event will provide concrete recommendations to decarbonize export credit agencies.
What opportunities will the Green Climate Fund (GCF) offer countries like Indonesia and Ghana? What decisions must be made now so that the money from the fund will reach the places it was intended for in the future? Since the UN decided to set up the Green Climate Fund in 2011, Both ENDS and several other NGOs from developing countries have been aiming to influence the way the fund is organized. This week, the ninth board meeting of the GCF will be held in Songdo, South Korea. Just like at earlier board meetings, Both ENDS is represented, this time in the person of Leonie Wezendonk. Along with Titi Soentoro from the Indonesian advocacyorganisation Aksi! and Ken Kinney of the Development Institute in Ghana, she traveled to
For generations, the people of Bangladesh’ flood-prone deltas have shaped their natural environment to support agricultural production. They used temporary embankments to keep tidal waters out of the floodplains for most of the year and let the rivers flow freely during monsoon season, allowing the sediment to settle on the floodplains as an important part of the delta formation process.
During the election debate between ten candidate MEPs (Members of European Parliament) yesterday evening in the Brakke Grond in Amsterdam, several issues are highlighted. Candidates explain how their parties think about the use of biofuels, mandatory production criteria for clothing sold in the EU and on the approach to tax avoidance. All participants acknowledge that there are problems related to these issues, but they differ on their preferred solutions to these problems. Tempers start to run high when the free trade agreement between the U.S. and the EU (TTIP) is discussed.
Janet Awimbo, a Kenyan ecologist, presented the first copy of the booklet 'Imagining sustainability' to HRH Prince Willem-Alexander yesterday. In the booklet, which is a co-production of Both ENDS and Cordaid, are seven interviews with thinkers from the southern hemisphere. They all envision a green and fair economy in the future. Awimbo and the Prince of Orange met at the Rio aan de Maas event in Rotterdam. At the event, Both ENDS also organised a workshop where Janet Awimbo, Paul Wolvekamp (Both ENDS) and Maarten Hajer (Bureau for Environmental planning) spoke with each other and with the audience.
We have good news from our partner organisation Gram Swaraj in India! In light of the Ecosystem Alliance India Programme, Both ENDS and the Non-Timber Forest Products Exchange Programme (NTFP-EP) have nominated Gram Swaraj for the ‘Paul K. Feyerabend Award – A World of Solidarity is Possible’. This organization is committed to fighting for the rights of tribal communities in rural India. Due to increased mining and other industrial activities in India, the culture, living environment and overall existence of such communities are being threatened.