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Trade and aid are the new pillars of international cooperation. But does it make sense to link these two together? There’s nothing wrong with finding out whether trade and aid can complement each other, but let’s not overdo it.
Last week Both ENDS’ Wiert Wiertsema attended the launch of Forum SUAPE in Brazil. During this second fact finding mission Wiert talked to Forum SUAPE and local residents about the social and ecological effects of the dredging activities in Suape carried out by a Dutch company.
To ensure that everyone on the planet will be protected against the impacts of climate change, a lot of money will have to be made available. By now, most scholars do agree on this. All this money (ultimately about $ 100 billion per year) will be put into one large fund: the Green Climate Fund. But what's going to happen with all that money and who will benefit from it?
Recently, the World Bank announced to change its social and environmental regulations, the so-called 'safeguards'. These safeguards do not only apply to investments of the World Bank, but are often adopted by other banks and credit institutions all over the world. "If the World Bank changes the regulations, there will be significant global consequences!", Pieter Jansen warns. Last Tuesday he was in Brussels on behalf of Both ENDS for a consultation of the World Bank with European civil society organisations to give his view on the proposed changes.