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.
To realise the energy transition, large quantities of minerals and metals such as lithium, cobalt and rare earth metals are needed. These raw materials are mainly extracted in countries in the global South, and unfortunately this is almost always accompanied by human rights violations and environmental destruction. Today – also in light of EU Raw Materials Week that is happening this week – Argentinian organisation FARN and Both ENDS publish a joint report on the extraction of lithium in Argentina.
Today, a week before the international climate summit in Egypt, the Dutch Government has broken a major climate promise it made last year to end public financing for international fossil fuel projects. International and Dutch NGOs argue that the new policy published by the Dutch Government on restricting finance for fossil fuels has such significant loopholes, that it essentially means The Netherlands has reneged on its promise.
The time for change is now. Civil society demands international investment
frameworks that are aligned with economic justice, social and environmental
sustainability, and the needs of communities worldwide.
At the core of the Fair, Green, and Global (FGG) Alliance’s mission is the commitment to building a just and sustainable world. As members of this alliance, Both ENDS, SOMO, and the Transnational Institute (TNI) recognise the urgent need to reimagine global investment frameworks. These frameworks, entrenched in outdated treaties such as Bilateral Investment Treaties (BITs) and the Energy Charter Treaty (ECT), often prioritise corporate profits over human rights, environmental sustainability, and social justice.
Following Both ENDS & Kebekatche Women Development & Research Centre participation in Shell’s Annual General Meeting (AGM) and a formal follow-up in writing, the response received from Shell plc raises more questions than it answers.
Both ENDS and our Nigerian partner Kebetkache Women Development & Research Centre attended Shell’s Annual General Meeting (AGM), on May 20th, in London, to demand transparency and accountability for Shell Plc’s opaque divesment in the Niger Delta.