It can be hard to establish small-scale adaptation projects in developing countries, because governments, development banks and donors generally prefer to finance larger initiatives. Of course, a single large project is more visible and easier to manage than ten small ones. But it is extremely important that the very small-scale initiatives, which are based on the knowledge and needs of local communities, are supported. How can we ensure that these - often very effective - local projects find their way to the appropriate funds and vice versa?
Our own Dutch development bank FMO recently introduced a complaints mechanism. This means that anyone adversely affected by a project supported by the FMO may file a complaint.
Amnesty International, Bank Track, Both ENDS and SOMO have contributed to the design of the complaints mechanism and have now issued a response to the final result.
Anouk Franck of Both ENDS has provided input into the complaints mechanism and explains why it is so important for institutions to have a good complaints mechanism.
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.
Last June, President Obama called upon the national and international community to give no more public support to foreign coal. Shortly after this, the World Bank and the European Investment Bank EIB followed the example, setting stricter criteria for loans to energy companies, which will make it nuch more difficult, if not impossible for new coal plants to get financing from these banks.
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.
Both ENDS and Oxfam Novib welcome the new SDG Loan Fund launched by FMO. The fund aims to invest more than a billion euros in loans to small and medium-sized enterprises in low- and middle-income countries, in the energy, inclusive financial services and sustainable agriculture sectors. At the same time, both organisations are concerned about the impact of money from the fund on normal people in future recipient countries.
The Dutch Entrepreneurial Development Bank (FMO) has put pressure on the Panamanian government to proceed with the construction of the Barro Blanco dam. This was reported by the Dutch Newspaper ‘de Volkskrant’ on Monday the 18th of May. Construction works were suspended last February after the Panamanian environmental authority had found out that the company carrying out the construction – the Panamanian company Genisa – had violated environmental regulations and had failed to make proper arrangements with local Ngöbe communities. FMO is one of the investors in the project.
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.
The European Bank voor Reconstruction and Development wants to provide $40 million to a Kuwaiti company that is going to start doing oil drilling in Egypt. Huub Scheele from Both ENDS together with Egyptian NGOs urges the EBRD to postpone the decision, as the money is not going to contribute to any positive changes for the Egyptian people.