Both ENDS
In 2015 and 2019, the Brazilian state of Minas Gerais experienced two severe mining tragedies in Mariana and Brumadinho, due to the same mining company: Vale. Since then, the affected communities have been seeking justice, via the criminal punishment of the responsible parties, and a fair compensation for the loss of their loved ones, their homes and their livelihoods. Both ENDS supports local CSOs by amplifying their quest for justice within an international audience and, more specifically, by raising awareness amongst Dutch investors in Vale about the high risks this company’s activities pose for people and the environment.
The proposed sale of Shell’s shares in the Shell Petroleum Development Company (SPDC) to the Renaissance consortium, alongside similar divestments by TotalEnergies and other oil companies, threatens the Niger Delta and its people environmental and social well-being for generations to come.
To address the climate crisis we need to urgently transition away from fossil fuels towards clean, renewable energy. However, this transition is not only about changing energy sources. It requires an inclusive and fair process that tackles systemic inequalities and demanding consumption patterns, prioritizes environmental and social justice, and which does not repeat mistakes from the past.
January 25th, 2024 is the solemn 5-year mark of the Brumadinho upstream mining dam collapse, Brazil’s worst environmental and industrial disaster that killed 272 innocent people and unleashed 12 million cubic metres of ore tailing into the surrounding areas including the Paraopeba River – a crucial tributary of the second largest river in the country.
Today, on the eve of the UN Climate Change Conference, COP26, the fossil fuel divest-invest movement released a new report that details how institutions representing an unprecedented total of EUR 33.7 trillion worth of assets have now committed to some form of fossil fuel divestment, a figure that's higher than the annual GDP of the United States and China combined.
Still, more funds are spent on the fossil industry than on sustainable solutions. Banks, pension funds, insurers and governments keep investing in fossil infrastructure which endangers people and the environment. Therefore we call on financial institutions to stop funding the climate crisis.
Join our "Stop Fossil Finance" block at the next climate march!
and Abigail Kyomuhendo*
This week the annual shareholder meeting (AGM) of TotalEnergies took place. Whilst the shareholders celebrated their profits, Ugandan people were being evicted from their lands, thousands of kilometers away, for Total's East African Crude Oil Pipeline (EACOP).
