Both ENDS
FMO's new position statement on fossil fuel investments commits to ending new direct finance in the downstream and midstream coal and oil sectors, whilst still allowing for investments in gas-fired electricity generation under exceptional circumstances only. Both ENDS welcomes this development as a step in the right direction.
The independent complaints mechanism of the International Finance Corporation (IFC) and the World Bank Group found that the IFC violated its own Environmental and Social Sustainability Framework by investing in six banks providing microfinance in Cambodia.
By Fernando Hernández Espino and Bart-Jaap Verbeek
Almost a year after African civil society gathered in Uganda to adopt the Entebbe Declaration, the call to transform international investment governance continues to gain strength. From the 6th to the 9th of October, over 50 civil society organisations from across West Africa, including from Ghana, Senegal, Nigeria, Côte d’Ivoire, Cameroon, Gambia, Sierra Leone, as well as from Kenya and Latin America, are convening in Accra to deepen and operationalise the Declaration’s vision.
This year Both ENDS hosted a live talk show and video podcast series about inspirational solutions of visionaries and practitioners from around the world. The series showcase how we can transform our economies, food systems and decision-making for a sustainable and just future. Below, you will find compilations of all three shows!
Enjoy watching and/or listening!
Worldwide, hundreds of millions of people live in areas where the soil is depleted; often they are forced to, or the region they have been living in for generations has become increasingly arid over time. The desert is advancing and this is a global problem. Opinions about the causes of land degradation and desertification, but especially about the solutions, are very divided. To discuss this, the biennial global conference on desertification will take place from 2 to 14 September. This is where policymakers, scientists, NGOs, female and male farmers and pastoralist, herders and companies from all over the world come together. Our colleague Nathalie van Haren is present at the conference and explains why.
To ensure that everyone on the planet will be protected against the impacts of climate change, a lot of money will have to be made available. By now, most scholars do agree on this. All this money (ultimately about $ 100 billion per year) will be put into one large fund: the Green Climate Fund. But what's going to happen with all that money and who will benefit from it?
