The European Commission is about to take important decisions about Bilateral Investment Treaties (BITs). These agreements are designed to protect corporations that invest in a foreign (often developing) country. These international agreements are binding, but often undermine the social and environmental regulations that developing countries want to implement. On march 3, the European Parliament will vote on reforming these policies.
Today, a week before the international climate summit in Egypt, the Dutch Government has broken a major climate promise it made last year to end public financing for international fossil fuel projects. International and Dutch NGOs argue that the new policy published by the Dutch Government on restricting finance for fossil fuels has such significant loopholes, that it essentially means The Netherlands has reneged on its promise.
CSO reject EU policy reform that would legalize EU trade sanctions against developing countries, based on their migration policies. An important trade and development policy tool of the EU is the Generalized Scheme of Preferences (GSP), which allows developing countries to export goods to the EU at low or no tariffs. The current GSP Regulation is to expire end of this year.
On the 25th of March 2010, Both ENDS organised a Political Café on the social and environmental effects of coal mining in developing countries. Matthews Hlabane of the Green Revolutionary Council was our special guest of the evening. Coming from the mining city of Witbank, South Africa, he could share his first hand experience on the devastating effects of coal mining.
Last week, the first tickets for the World Cup in Brazil went on sale. A total number of around 3.3 million tickets will be available, costing between $90 and $990 each. But who will benefit? Recent demonstrations in Brazil have revealed that the World Cup in 2014 is not all good news, as the majority of the Brazilians seemed to have believed for a long time. Our colleagues from CASA, a Brazilian small grants organisation focusing on environmental issues and sustainable development, are looking for practical ways to turn the tide and make a positive contribution.