Both ENDS
The climate debate in the Netherlands is bogged down in what we can change at home and does not touch on our actions abroad. And that is a missed opportunity. Precisely because our international trade model is both so influential and, at the same time, such a widespread cause of pollution, changes in that policy can have an immediate effect.
The Dutch pension fund, ABP, invested about two billion euros more in the fossil energy industry at the end of 2016 than the year before. This is announced by the report "Dirty & Dangerous: the fossil fuel investments of Dutch pension fund ABP," published today by Both ENDS, German urgewald and Fossielvrij NL. The report criticizes these investments because of the impact on the climate and the catastrophic consequences for the people in the areas where coal, oil and gas are being produced.
Both ENDS Partners EMG, South Africa, Keystone, India and Amichoco from Colombia are all three nominated for the prestigious World Challenge of the BBC.
Press Release
Dutch export credit agency Atradius DSB provides ample opportunity for money laundering and tax avoidance.
A structural lack of control on the part of Dutch export credit agency Atradius Dutch State Business (DSB) gives leeway to its customers and their partners to launder money and dodge taxes. This is the main conclusion of the study ‘Cover for What?’ done by researchers of the Dutch NGO Both ENDS. Displaying this lack of control Atradius, which is working exclusively for the Dutch State, undermines policies designed by the very Dutch State to counteract money laundering and tax evasion. The study shows three transactions backed by Atradius in which multinationals choose a seat in tax havens and handle affairs from there, using non-transparent business structures. Atradius does nothing to counter these strategies. The lack of control displayed by Dutch ECA Atradius might very well apply to similar export credit agencies in other countries.
This is the text of the speech given by Danielle Hirsch on the 'Nacht van de Tegenmacht' (Night of Countervailing Power)
October 10th the fifth board meeting of the Green Climate Fund took place, this time in Paris. The Green Climate Fund is an international fund set up and commissioned by the United Nations in order to help developing countries combatting the negative effects of climate change. Possibly, developing countries are granted with an amount of $100 billion a year! Although the financial support is very promising, opinions differ widely on how that money should be spent. Therefore Anouk Franck and Annelieke Duma of Both ENDS attended, along with Titi Soentoro of the Indonesian organization Aksi! and Jorge Daneri of M'Bigua from Argentina, to make sure that the money gets where it is most needed.
