In March the Indonesian government announced that it will terminate the Bilateral Investment Treaty (BIT) with the Netherlands as of July 1st, 2015 (for more information, see the press release of 24 March at the bottom of this post). Several organizations, including Both ENDS, have been raising questions about these controversial international trade agreements for a long time and think they should be drastically revised or even terminated. The Socialist Party and GreenLeft have asked parliamentary questions about the effects of these treaties following Indonesia’s decision. Both ENDS is curious about the answers to these parliamentary questions and about the consequences they will have for Dutch policy in this area.
Thanks to the negotiations about TTIP, the public debate about bilateral investment treaties (BITs) is slowly underway. Especially the ‘Investor-to-State Dispute Settlement Mechanism’ (ISDS) of TTIP threatens to lower the norms to protect people and the environment. BITs make use of very controversial arbitrage systems (ISDS), which enable investors to bypass the national court to sue governments for their national policies and laws.
This week, the African Development Bank (AfDB) holds its 2018 Annual Meetings. A large group of African civil society organisations calls on the bank to ensure social and environmental protection, to involve civil society, to pay attention to gender issues and to make sustainable choices in their energy access ambitions.
Last week, the Alternative Trade Mandate (ATM) was officially launched in Brussels. The ATM is an alliance of over 50 organisations from across Europe, reacting to the current European trade and investment policies. As the name suggests, the ATM comes up with an alternative: fairer and more sustainable trade policies that truly respect people, the environment and democracy. Trade policies that take into account the interests of all stakeholders, including trade unions, farmers, activists in the field of environment and/or human rights, and networks that are committed to fair trade. In the run-up to the European elections an active European campaign will bring the Alternative Trade Mandate to the attention of organisations, the public and parliamentarians. SOMO, TNI and Both ENDS, united in the ‘Fair Green and Global Alliance,’ are joining the campaign in the Netherlands.
Currently, on the initiative of China, the Asian Infrastructure Investment Bank (AIIB) is being set up. As the ‘Chinese alternative to the World Bank’, AIIB will focus on financing large-scale infrastructure projects in Asia. The bank promises to be ‘lean, clean and green’, or in other words: non-bureaucratic, non-corrupt and environmentally friendly. Nevertheless, civil society organisations fear there will be disastrous consequences for local populations and the environment, considering China’s poor track record in these areas. In a letter to AIIB and in a press release, our partner 'NGO Forum on ADB' calls on the bank to develop strong safeguards.
Both ENDS organised a Political Cafe in The Hague on Friday, 20 November in anticipation of the climate summit in Copenhagen. Here, Both ENDS and its Southern partners, GAMBA and NAPE took an in-depth look at the European Investment Bank's (EIB) investments. To what extent do they take the impacts of climate change into account? And, how consistent is their climate policy compared with the ambitions that the EU has for Copenhagen?
As negotiations were held by European policymakers today about a possible capital increase of the European Investment Bank (EIB), a press release was issued by Counter Balance: a coalition of Both ENDS and European NGO's that monitor the EIB. As long as it's not clearly evident where the loaned money goes and no conditions are set for advancing the support of sustainable projects, the EIB is not ready for such an expansion according to the involved organisations.
Today, 800 million (almost 1 billion!) people around the world suffer from acute hunger. Add to that the almost two billion people who do not have access to even a minimum of healthy and nutritious food, and the way in which food production currently causes deforestation, erosion, pollution and climate change, and it’s clear why it’s time to do things differently! The Dutch government has set itself the goal of tackling this problem thoroughly and food security is one of the focus areas of the Netherlands’ development cooperation policy. Both ENDS shares that ambition, but feels that the government’s approach could be much better and more future-proof.