Local organisations on the daily practice of soy and palm oil

On December 6, the visit of European Commission President Ursula von der Leyen to the Mercosur Summit sealed the agreement on the final text of the EU-Mercosur Association Agreement. Both ENDS condemns this damaging agreement for undermining human rights, the environment, and democracy in Europe, and in Mercosur countries. Should the agreement be ratified as it stands, it will have devastating consequences for the environment, indigenous communities, family farming and small-scale farmers on both sides of the Atlantic.

The Hague/San Francisco, Dec 12, 2024 - The updated version of the Financial Exclusions Tracker is released today: financialexclusionstracker.org. The website tracks which companies are being excluded by institutional investors, pension funds and banks due to human rights, public health and sustainability issues. The most common reasons for exclusion are links to fossil fuels, weapons or tobacco. 

The Financial Exclusions Tracker is an initiative from an international coalition of NGOs striving for more transparency and information disclosure. 

On the 4th of December, the European Parliament voted in majority for a delay of implementation of the EU Deforestation Regulation (EUDR). Earlier, the European Commission and the European Council already endorsed this proposal for a delay with one year. Both ENDS and partners are worried about this decision, as there is no time to waste in our global fight against deforestation, biodiversity loss and climate change.

PROBIOMA have received recognition from the Chamber of Deputies of the Plurinational State of Bolivia. The presentation of this tribute took place at the Museum of Natural History Noel Kempff Mercado, in the framework of the Environment Day.

The EU is the world's largest "importer of deforestation," due to the huge volumes of unsustainably produced soy, timber, palm oil, and other raw materials that EU member states import. After many years of delay, the European Parliament and the European Council passed a law in December 2023 to address this problem: The EU Deforestation Regulation (EUDR). Both ENDS is part of a broad coalition of organizations that have been pushing for this European legislation. However, there is now a serious delay, and perhaps even postponement, of the law's implementation. Objections have been raised by a number of member states, who are sensitive to lobbying by certain business sectors and producer countries.

Both ENDS and Oxfam Novib welcome the new SDG Loan Fund launched by FMO. The fund aims to invest more than a billion euros in loans to small and medium-sized enterprises in low- and middle-income countries, in the energy, inclusive financial services and sustainable agriculture sectors. At the same time, both organisations are concerned about the impact of money from the fund on normal people in future recipient countries.

On 27 October, RTL Nieuws reported that the Steungroep Nicaragua considers the millions of euros that the Dutch development bank FMO is investing in Nicaragua irresponsible. When asked, FMO stated that 'it had to continue to support its entrepreneurs in difficult times'. Both ENDS believes that the choice to continue to invest in Nicaragua brings substantial risks, which FMO does not take sufficiently into account when deciding on financing. Previous FMO investments have caused harm to people and the environment and, in some cases, even led to violence – with, as its lowest point, the murder of Berta Cáceres in Honduras in 2016.

In the heart of Liberia, the Western Region Women Network Association (WERWONA) is scripting a story of resilience, advocacy, and transformation. This journey began in September 2022 when WERWONA, supported by Both ENDS's partner Sustainable Development Institute, embarked on a mission to empower women leaders and communities in Bomi, Grand Cape Mount, and Gbarpolu counties to reclaim their rights to land and natural resources. This shows how the partnership between Both ENDS and local organisations is driving positive change in Liberia.