Shady dealings: How Atradius Dutch State Business fails to adequately screen the businesses it supports.

Export credit agencies (ECAs) play a central role within the complicated web of global development finance. In 2018, Both ENDS invested in strengthening cooperation among organisations working on ECAs, building a strategic global collaboration to stop ECAs' support of fossil fuels and improve their environment and human rights record.

Atradius Dutch State Business (Atradius DSB) remains responsible for observing social, environmental and human rights, also after providing export credit insurance. That is the conclusion of the Dutch National Contact Point (NCP) for the OECD Guidelines in its final statement, which was published today. Both ENDS issued a press release about this.

Every 10 years, the mandate and activities of 'Export Development Canada' (EDC), the Canadian export credit agency, are reviewed. Since the last review took place in 2008, another review is currently underway.  Both ENDS and a couple of other CSOs working from a number of countries made a joint submission as formal input to the legislative review. We did this especially in light of the Canadian governments' ambition to show leadership on climate change and to prioritise climate change action and clean economic growth.

Almost 40 civil society organisations and networks from around the world, including Both ENDS, today sent a letter to Dutch Minister for Foreign Trade and Development Cooperation Sigrid Kaag and State Secretary for Finance Hans Vijlbrief. They are asking the ministers to ensure that the expansion of export credit insurance as a result of the Corona crisis contributes to a green recovery.

"The mangroves were choking, gasping for air. When the dam was partially opened, they could finally breathe again. It was the breath that the animals, the fish in the rivers, the crabs, shrimps and oysters had all been craving."

On the northeast coast of Brazil, activities have been underway since 2007 to develop and extend the port of Suape. The port is being developed partly to support oil drilling along the Brazilian coast. The project is controversial because of the disastrous impact it is having on the natural environment, the rivers, the mangroves, marine life and the people who have lived in the region for many generations. Together with Fórum Suape, specially set up to combat the development of the port, Both Ends has been working for almost ten years to protect the rights of local communities in and around Suape. Now there has been a breakthrough – literally. In August of last year, a controversial dam in the Rio Tatuoca that was destroying the mangroves and the aquatic life in the area was partially dismantled. We spoke to Mariana Vidal,* project coordinator at Fórum Suape, about how that came about and what changes have taken place in the area since.

At the end of November, the organisations WALHI South Sulawesi (part of Friends of the Earth) and Both ENDS filed a formal complaint with the Dutch export credit agency Atradius DSB. Despite the warnings from local communities for the negative consequences of a land reclamation project in the bay of Makassar, Atradius DSB advised the Dutch government to provide dredging company Boskalis with insurance for the execution of the project. The consequences for the fish stock, the beach and the lives of thousands of small-scale fishing communities are severe. Atradius DSB has not sufficiently investigated these harmful consequences beforehand.

This op-ed was published in Dutch newspaper Trouw on the  3rd of February this year

Abuses committed during the construction of an airport in the Philippines show the urgent need for legislation on corporate social responsibility here in the Netherlands, say Murtah Shannon of Both ENDS and Maartje Hilterman of IUCN NL on behalf of a coalition of Dutch and Philippine organisations.

On Wednesday, April 14, seven countries, including the Netherlands, launched an initiative called Export Finance for Future (E3F), in which they set a number of ambitions with regard to phasing out export support for the fossil sector. Many NGOs worldwide, including Both ENDS in the Netherlands, have been calling for such an initiative in recent years and we are therefore pleased with this step. However, to achieve results and contribute to the Paris climate goals, countries will have to commit to much more ambitious goals than those now set. Concerned civil society organizations, including Both ENDS, therefore prepared a statement detailing the weaknesses they felt in the policy proposed by E3F, supplemented with recommendations for improvements.

Both ENDS works with partners worldwide to amplify the voices of communities that are experiencing first-hand the devastating social and environmental impacts of unsustainable financial policies and practices – from climate change to pollution to forced displacement. For more than two decades, we have worked to draw attention to an obscure, yet hugely influential type of financial institution: export credit agencies (ECAs).

Since the signing of the Paris Climate Agreement, rich countries have provided almost 50 times as much export support for fossil fuel related projects as for clean energy projects in four African countries. This is the conclusion of a report written by five environmental organisations from Ghana, Nigeria, Togo and Uganda, in cooperation with Friends of the Earth Netherlands and Both ENDS. The rich countries insured energy projects with a total value of 11 billion US dollars through their export credit agencies (ECAs). More than half of this export support is related to fossil fuels. Only 1% went to sustainable renewable energy.

This video tells the story of the families that were forced out of there homes and evicted from their lands in the Suápe region in Brazil. The local authorities have decided to expand the shipyard and the sea-harbour, but they have failed to take into account the negative impacts on the local people and their environment. Dutch company Van Oord is executing part of the dredging, supported by export credit agency Atradius DSB. 

This video tells the story of the families that were forced out of there homes and evicted from their lands in the Suápe region in Brazil. The local authorities have decided to expand the shipyard and the sea-harbour, but they have failed to take into account the negative impacts on the local people and their environment. Dutch company Van Oord is executing part of the dredging, supported by export credit agency Atradius DSB. 

Dutch export credit agency Atradius DSB announced yesterday that it is to provide export credit insurance worth 1,5 billion euros to Dutch dredging company Boskalis for a controversial land reclamation project in the Philippines. According to Dutch and international organisations, including Both ENDS, CARE Netherlands, IUCN NL, Kalikasan PNE and Oceana Philippines, the award of export credit insurance for this project runs contrary to the Netherlands' ambitions in the areas of environment and corporate social responsibility (CSR).

Export support – and especially that to fossil projects – has been in the spotlights quite often recently. This is a positive development, because the Netherlands alone provides fossil export support worth 1.5 billion euros per year. At the climate summit in Glasgow, the United Kingdom launched a statement promising to stop providing export support to fossil projects by the end of 2022. After having denied at first, the Netherlands decided to join the statement after all – ​​which now has already been signed by nearly forty countries and financial institutions.

Today, 122 civil society groups are releasing letters to eleven government signatories to the Glasgow Statement on International Public Support for the Clean Energy Transition, laying out the actions they must take as soon as possible to meet their commitment. In this joint statement at COP26, 35 countries and 5 public finance institutions committed to end their international public finance for 'unabated' fossil fuels by the end of 2022, and instead prioritise their "support fully towards the clean energy transition."