Both ENDS
The European Parliament in its plenary session on the 5th of April, adopted a proposal to regulate Export Credit Agencies (ECAs) that will force them to become more transparent on where their funds come from, and go to, as well as how they count social and environmental risks. Furthermore, the Parliament requires ECAs to comply with EU human rights objectives in their activities, and to phase out the subsidising of fossil fuel projects in line with commitments adopted by the G20 in 2009.
On Wednesday, March 23rd, 2011, Both ENDS Foundation is hosting a so-called 'Political Café, or debate, on the new international role of Dutch water utilities in Developing countries. The State Secretary for Development Cooperation, Ben Knapen, would like to see a more direct involvement of Dutch companies in development cooperation. The Netherlands is internationally well known for its water expertise and both the government and the private sector would like to make this a focal point of foreign policy in the realm of international cooperation. Dutch water companies such as Evides and Vitens are already working with water companies in Ghana, Mozambique, Vietnam and Suriname.
An order, issued by a Brazilian court against the construction of the Belo Monte dam, has been overruled by a higher court. The dam will have disastrous effects on the environment and the population in the area. Moreover, it is questionable whether the supposed benefits will outweigh the high costs and the damage done.
