Both ENDS
and Stijn Deklerck of Amnesty International Nederland
On 12 and 13 July, the Asian Infrastructure and Investment Bank (AIIB) will be holding its annual meeting in Luxembourg. This is the fourth annual meeting of the AIIB which was set up on the initiative of China. As a shareholder, the Netherlands will be attending the meeting.
The Hague/San Francisco, Dec 12, 2024 - The updated version of the Financial Exclusions Tracker is released today: financialexclusionstracker.org. The website tracks which companies are being excluded by institutional investors, pension funds and banks due to human rights, public health and sustainability issues. The most common reasons for exclusion are links to fossil fuels, weapons or tobacco.
The Financial Exclusions Tracker is an initiative from an international coalition of NGOs striving for more transparency and information disclosure.
The Netherlands is a major player in the global water sector, but our investments can quite often lead to human rights violations and environmental problems in the countries where they are made. What can a new Dutch government do to reduce the Netherlands’ footprint beyond our borders? Ellen Mangnus spoke to various experts about this issue: today, part 3.
Ikal Angelei, founder of Friends of Lake Turkana in Kenya, a partner organisation of Both ENDS, received the prestigious Goldman Environmental Prize this week for her battle against the construction of the infamous Gibe 3 dam in Ethiopia. The construction of this dam would severely damage the ecosystem around Lake Turkana and have disastrous consequences for the indigenous people and their natural habitat.
There are still over one billion people who have no access to safe drinking water and basic sanitation. The increasing scarcity of water around the world makes the problem all the more urgent. However, the growing international recognition of the right to water and sanitation is the first step in the right direction. This right gives poor and vulnerable groups the ability to stand up to political neglect. It empowers them to approach national and international courts of justice to demand clean drinking water.
Indigenous communities in Paraguay saw their attempts to regain their ancestral lands thwarted by German investors. In Indonesia, US-based mining companies succeeded to roll back new laws that were meant to boost the country’s economic development and protect its forests. This is the level of impact that investment treaties can have on social, environmental and economic development and rights. Why? Because of the ‘Investor-to-State Dispute Settlement’ clauses that are included in many such treaties.
