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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.
What would the world look like if men and women around the world would have the same opportunities in life? What would politics look like if half of the world's leaders would be female? What would development look like if men and women would have equal access to and control over the natural resources they depend upon?
We are deeply shocked about the murder on Dexter Condez, the 26-year-old leader of the Ati tribe, an indigenous group in the Philippines. He was shot dead Friday night February 22nd on the tourist island of Boracay. While no suspects have been arrested, the police thinks the motive could involve a dispute between de Ati tribe and developers over a piece of land. Our sympathy goes to the family, friends and the people he worked with.
For a moment it appeared that the European Investment Bank (EIB) decided to stop investments in coal fired power plants. The bank even seemed to have issued a press release on the matter. But, unfortunately, the message was not real. During the annual press conference of the bank the activists, who were the source of the fake press release, stroke again. In the name of ‘the citizens of Europe’, EIB president Werner Hoyer was awarded with the ‘World Coal Down Award’. Hoyer, who was confused for a second, did not accept the award. The EIB fiercely denied the rumors surrounding the investment stop on coal with the term 'pure nonsense'.