Both ENDS
Since his previous government, prime minister Mark Rutte has wanted to create a green legacy with Invest-NL and Invest International, two new financial organisations. With the advent of the COVID-19 crisis, these organisations are more important than ever. Aiming to stimulate investment in sustainable and social projects, they will operate at a distance from the government so that they can act quickly and efficiently. With an initial budget of 2.5 billion euros, they will give financial support to companies active in sectors that the market avoids and which are at the heart of the transition. At Both ENDS, we see that as an essential step in closing the door for good on our old polluting lifestyle and putting sustainability at the centre of developments in the energy sector, in the organisation of our transport and mobility system, in how we produce our food and in the design of our cities.
The Dutch government, through its export credit agency Atradius DSB (ADSB), provides export support to companies that undertake activities abroad. The state wants projects it insures to have no negative consequences for people and the environment and therefore sets requirements for corporate social responsibility (CSR). A consultation on CSR policy ran until the end of April, to which a coalition of thirteen social organisations from the Netherlands and abroad, including Both ENDS and Milieudefensie (Friends of the Earth the Netherlands), responded.
Update Monday June 10: On the evening of June 9 Stephen has been found abandoned on the side of the road. His condition is bad, after having suffered severe beatings, mistreatment and abuse through the week. He is alive, safe and reconnecting with his family. We thank everyone that has shared the solidarity statement. This international pressure helped in ensuring his release.
June 8: This is a joint statement by over 115 international civil society organisations to call upon the Ugandan authorities to ensure the immediate and unconditional release of Stephen Kwikiriza, who has been held incommunicado since his abduction by plain clothed officers in Kampala on 4 June 2024.
Global public support for coal is decreasing. Obama has pledged to stop American support for public financing of new coal plants outside the U.S., the World Bank has announced to phase out support for coal projects and some large private banks are withdrawing from fossil fuels. But what about export credit agencies (ECAs)? Until now, ECAs have not withdrawn from coal projects. On the contrary: while other investors gradually cease their support to coal projects, export credit agencies are investing in coal more than ever. On June 11, an alliance of 50 NGOs, including Both ENDS, published a recommendation to the OECD calling for an end to export credit support for coal.
Almost five years ago, the Global Alliance for Green and Gender Action (GAGGA) started its journey to bring together the often still quite separate worlds of environmental justice organisations and the women's rights movement. At Both ENDS, Annelieke Douma and Tamara Mohr have been coordinating the GAGGA programme. Together they look back at five years of learning, connecting and enjoying the fruits of this innovative programme.
The European Investment Bank (EIB) disbursed an additional EUR 40 million for the Bujagali dam in Uganda while complaints from the local communities are still waiting for a response. The dam is controversial because of its tremendous social and environmental impact. "By neglecting its own complaint mechanism, the EIB proves that its policy is nothing more than a green washing machine", several civil society organisations state.
Both ENDS, SOMO, Oxfam Novib and Recourse sent in a submission to FMO's public consultation on its Position Statement on Financial Intermediaries. In this position statement, FMO only takes limited responsibility for the consequences of its investments through so-called financial intermediaries. We call upon FMO to publish a position statement that focuses on protecting human rights and the environment and take full responsibility for this.
'Water for development' was the topic of the annual World Water Week (WWW), which was held last week in Stockholm for the 25th time. Thirza Bronner, Sanderijn van Beek and Cindy Coltman of Both ENDS were present, together with partners Serah Munguti of ‘Nature Kenya’ in Kenya, and Suu Lam from the ‘Centre for Social Research and Development (CSRD)’ in Vietnam. In light of this year’s theme, Both ENDS decided to invite these two outspoken women leaders to this conference to bring strong civil society voices to the table. They took part in a roundtable session that was marked by enthusiastic participation of policy makers, donors and NGOs. During the session, Munguti and Lam told us about their organisational objectives, their experiences and how ‘water for development’ translates into their practice.
