News

The planned initial public offering (IPO) of Malayan state-owned enterprise Felda Global Ventures Holdings (FGVH) will take place this month (28th June). It will be underwritten by Deutsche Bank, JP Morgan and Morgan Stanley; with an expected valuation of around 2.5 billion Euro this will be the second biggest IPO ever, trailing Facebook. A significant detail is that FGVH is controlled by the governing part UMNO, led by Prime Minister Mohd Najib Abdul Razak. The upcoming privatisation might be prompted by a need to generate capital for the upcoming elections.

Jane Lingbawan is Executive Director at Center for Development Programs in the Cordillera (CDPC), a Pilipino organisation linked to the Cordillera Peoples Alliance (CPA). We spoke with her about her expectations for the RIO+20 conference.

A global campaign against the power of corporations widely violating, human rights was launched during the Peoples Summit in Rio de Janeiro. Both ENDS is one of the dozens of national and international organizations supporting the campaign and the contents of the press release below.

Nathalie van Haren, senior policy officer at Both ENDS, is participating in the RIO+20 conference that officially started today. Whilst the draft text presented last March was no reason for optimism, Van Haren remains hopeful that the international community will take the necessary decisions. In an interview by Vice Versa (A Dutch magazine on development cooperation) she explains why a strict focus on the environment, seen in the draft text, is problematic.

<p >The Association of Saramaccan Authorities (ASA) is an organisation consisting of 61 Saramaccan village leaders from Suriname, fighting large scale land rights violations. Logging companies are exerting great pressure on the area and the Surinam government does little about it. ASA campaigns for the protection of the region and the enhancement of inhabitants' influence. We spoke with Hugo Jabini from ASA about his expectations for RIO+20.

Song Trangh 2 Dam in Quang Nam (Vietnam) is leaking. This poses a serious danger to local communities and their livelihood. There is little room for any public debate about the problems, despite the local populations' deep concerns. To try and find a solution, Both ENDS' partner organisation Vietnam Rivers Network (VRN) organised a workshop in cooperation with authorities and experts.

FARN (Environment and Natural Resources Foundation) is one of Both ENDS' partner organisations. FARN pressures the Argentinian authorities to make its policies more sustainable, through existing national and international law and legislation. We spoke with Ana di Pangracio, a lawyer specialised in environmental law and working at FARN.

Janet Awimbo, a Kenyan ecologist, presented the first copy of the booklet 'Imagining sustainability' to HRH Prince Willem-Alexander yesterday. In the booklet, which is a co-production of Both ENDS and Cordaid, are seven interviews with thinkers from the southern hemisphere. They all envision a green and fair economy in the future. Awimbo and the Prince of Orange met at the Rio aan de Maas event in Rotterdam. At the event, Both ENDS also organised a workshop where Janet Awimbo, Paul Wolvekamp (Both ENDS) and Maarten Hajer (Bureau for Environmental planning) spoke with each other and with the audience.

Large-scale soy production is causing continuous problems in South America such as land seizure, public health issues and loss of valuable natural areas. The Ecosystem Alliance - a cooperation of Both ENDS, IUCN NL and Wetlands International - enabled twenty South American civil society organisations to compose a plan together. The organisations are all directly or indirectly involved in soy issues. Both ENDS attended a meeting in Brazil at the end of March: participants from Bolivia, Brazil, Argentina, Paraguay and the Netherlands gathered to identify communal problems and work towards a combined strategy to combat these.

In preparation of Rio+20 - the June 2012 UN summit on sustainability - the Dutch National Platform Rio+20 organises the pre-event, 'Rio aan de Maas'. On the 30th of May policy makers, entrepreneurs and citizens will share and experience local initiatives for global sustainability in the Van Nelle Fabriek in Rotterdam. Both ENDS and Cordaid are organising the workshop 'Visions from the South' and will launch the book 'Imagining Sustainability'.

The Netherlands follow the United Kingdom and became the second country where 'good gold' is being sold. On May 7th the official launch of 'Fairtrade-Fairmined gold' took place in Amsterdam. Highlight was the handover of the first golden bracelet with this certificate to Katja Römer-Schuurman by a Peruvian miner. The bracelet is symbolic for good gold and will be worn with pride by Römer-Schuurman. "The circle is now complete", says Lina Villa, director of the Alliance for Responsible Mining (ARM), who was involved in the project since the beginning.

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.