Both ENDS
Dutch pension money is invested heavily in companies that contribute to deforestation in the Amazon region and the Cerrado savanna in Brazil, such as soy, animal feed and beef companies. This is concluded in a report published today by Profundo, commisioned by the Fair Finance Guide, Hivos and Both ENDS. All ten pension funds that were examined invest in these types of companies, with the ABP pension fund and Pensioenfonds Zorg en Welzijn on top with investments worth EUR 580 million and EUR 383 million respectively.
A popular committee succeeded in preventing a licence for a hydrodam in the river Jauquara, Brazil. Building a transnational people's movement to protect the wetland ecosystem: that's what the Wetlands Without Borders programme is all about. "Being connected provides a lifeline for communities."
The rising demand for soy is having negative consequences for people and the environment in South America. Both ENDS reminds Dutch actors in the soy industry of their responsibilities and is working with partners on fair and sustainable alternatives.
Today, more than 340 organisations from both South America and Europe, including Both ENDS, have sent a joint open letter to European Union leaders calling for the EU to cease negotiations on the EU-Mercosur Free Trade Agreement. The organisations and their constituencies are seriously concerned about increasing violations of indigenous human rights and damage to nature and the environment in Brazil.
The South American La Plata Basin is the largest freshwater wetland in the world. Monoculture, ranching, mining and infrastructure projects are among the many threats to the wetland system, its forests and rivers, and the livelihoods of the many people who depend on them. Our partners in the region work tirelessly to preserve the basin.
