Almost 40 civil society organisations and networks from around the world, including Both ENDS, today sent a letter to Dutch Minister for Foreign Trade and Development Cooperation Sigrid Kaag and State Secretary for Finance Hans Vijlbrief. They are asking the ministers to ensure that the expansion of export credit insurance as a result of the Corona crisis contributes to a green recovery.
Last week, the conclusions of an independent fact-finding mission to the Agua Zarca Hydro-electric Project in Honduras, were released. The report was commissioned by one of the project financiers, the Dutch development bank FMO after human rights defender and fierce opponent of the dam Berta Cáceres was murdered in March 2016.
The Asian Development Bank (ADB) and the World Bank will donate $23 million to the Philippines, but will also provide a loan of $500 million to this country for the reconstruction of the areas damaged by the storm. According to ‘NGO Forum on ADB,’ Both ENDS’ partner organisation, these banks abuse this crisis. The debt will have to be repaid with interest and Philippine society will end up paying the price.
Currently a new highway is being constructed which will connect Hanoi (Vietnam) to Kunming (China). The project, partially financed by the Asian Development Bank (ADB), aims to stimulate economic development in the region throughout the construction of this "economic corridor".
On Monday 11 May, at the government's request, the Advisory Council on International Affairs (AIV) published an emergency advisory report on how the Netherlands can make an effective contribution to the worldwide fight against the Corona virus. Together with companies, scientists and environmental, human rights and development organisations, Both ENDS is today presenting a response to this report, in which we make a number of suggestions for investing in countries and people with insufficient resources to tackle the crisis effectively.
In 2011 one of the world’s largest gas reserves was found in the coastal province of Cabo Delgado, in the north of Mozambique. A total of 35 billion dollars has been invested to extract the gas. Dozens of multinationals and financiers are involved in these rapid developments. It is very difficult for the people living in Cabo Delgado to exert influence on the plans and activities, while they experience the negative consequences. With the arrival of these companies, they are losing their land.
The Corona crisis is showing us just how closely our current economy is irrevocably intertwined with the pollution of the planet and is making people all around the world more and more vulnerable. Both ENDS and MVO Nederland (CSR Netherlands) – are particularly concerned about what we hear about human rights, climate and the environment. We ask the Dutch government, in a letter to Minister Kaag, to commit to achieving the Sustainable Development Goals (SDGs) and the goals of the Paris climate agreement.
Residents belonging to the indigenous Ngäbe-Bugle people living on the traditional indigenous territory surrounding the Barro Blanco dam in Panama, have filed a complaint against the Dutch development bank FMO. The bank has invested $ 25 million in the dam that is currently under construction in the river Tabasará. The Ngäbe-Bugle blame FMO for not adequately following its own social and environmental standards. FMO also violates international agreements relating to indigenous peoples. For Both ENDS, Anouk Franck is closely following FMO’s activities.