Both ENDS
Good news for the climate: last week, the European Investment Bank (EIB) decided to stop investing in fossil fuels by 2021. This is part of its new energy strategy.
Soy, sugar and wood - the Netherlands and Brasil are riding the wave. Thousands of ships transport millions of tons of merchandise from the Amazon to Rotterdam harbour every year. The Rio Madeira basin, one of the main waterways in the Brazilian rainforest, is threatening to become overwhelmed by the large roads, big dams, and new ports and polluting factories. This infrastructure is intended to stimulate export, but economic development here is fast becoming completely out of balance with social and ecological integrity. As a major trading partner of Brazil, what can the Netherlands do? Wednesday, September 30 from 17h30 - 19h30 Both ENDS is organising a Political Cafe at the Nutshuis in The Hague.
A coalition of NGOs today launched the Financial Exclusions Tracker, a new website that tracks which companies are being excluded by investors and banks for sustainability reasons. Most excluded corporations are barred due to links to fossil fuels, weapons or tobacco.
The million-dollar loan that the Dutch development bank FMO provided to project developers of Honduran company DESA for the construction of the controversial Agua Zarca dam project in Honduras, may be related to gross corruption and malpractice. This is concluded in an article published today in the Dutch news paper Financieel Dagblad, based on information provided by COPINH, the indigenous organisation that has been opposing the construction of the dam for years. Several members of the organisation, including its leader Berta Cáceres, were murdered. DESA director David Castillo has recently been convicted of being involved in the assassination of Cáceres in 2016.
The European Union's (EU) foreign trade policy has many implications for the sustainability of food systems in developing countries, heavily impacting farmers, breeders, and citizens. The unhidden promotion by the EU of strong intellectual property rights on plants affects food systems from its very basis, i.e., the seeds that are available for farmers to grow. Amongst these intellectual property rights, the main instrument that is advocated by European authorities is the 1991 Act of the UPOV Convention, which provides exclusive rights to breeders over the propagating material of new plant varieties, while diminishing the rights of others to use the material for further breeding and hampering with the rights of farmers to freely save, use, exchange and sell their seeds.
