Amsterdam, 23 September 2019 - The world's 5th largest pension fund, with assets of over €430 billion, Dutch ABP is continuing to invest in companies that are on a collision course with the Paris climate goals, such as coal and oil companies.
On Thursday November 7th, a group of European NGO's including Both ENDS, sent a letter to Vice-President of the EU Frans Timmermans, in which they ask him to support the phase out of European Investment Bank’s fossil fuel financing by the end of 2020.
The EU is still one of the world’s largest importers of deforestation: EU demand for commodities like soy, palm oil, beef, coffee and cacao requires millions of hectares of tropical rainforest to be cleared. This deforestation has significant biodiversity and climate impacts, and is often linked to human rights violations and violence against local communities and indigenous peoples. Both ENDS and partners have been actively lobbying the EU Commission to adopt a robust action plan to address and prevent human rights violations and deforestation ‘embodied’ in EU imports of agricultural commodities.
Tidal rivers in the southwest coastal area of Bangladesh have been dying since flood plains were replaced by Dutch-style polders in the 70s. Rivers are silted up, and during monsoon season water gets trapped within embankments. Every year, this situation of waterlogging inflicts adverse consequences particularly on women, as they take care of the household in waterlogged conditions in the absence of men who travel to the city in search of temporary work. NGO Uttaran is advocating for a change in policy and practice.
The European Investment Bank EIB should get rid of its gas-investments, and the Netherlands can take the lead in this. The Netherlands appears to be relying less and less on gas in its energy policy, and also seems to focus on gas-free investments at the EIB. Now it is important to maintain this position and also convince the other EU countries.
Every 10 years, the mandate and activities of 'Export Development Canada' (EDC), the Canadian export credit agency, are reviewed. Since the last review took place in 2008, another review is currently underway. Both ENDS and a couple of other CSOs working from a number of countries made a joint submission as formal input to the legislative review. We did this especially in light of the Canadian governments' ambition to show leadership on climate change and to prioritise climate change action and clean economic growth.
Last Thursday June 13, Rahmawati Retno Winarni of TUK, an Indonesian partner organisation of Both ENDS, presented a symbolic tree and an appeal to the Dutch Minister of Agriculture Carola Schouten, also on behalf of 10 NGOs. The joint NGOs are pushing the EU, including the Dutch government, for strict EU legislation to prevent the destruction of forests and ecosystems and to protect human rights.
The impacts of climate change are largely mediated by water. Changes in precipitation and glacial melt patterns, variations in river flow, increased occurrence of droughts and floods, and sea level rise all impact both urban and rural communities in developed, emerging, and especially developing countries. The book:'Adaptation to Climate Change through Water Management: Capacity, Equity and Sustainability' presents evidence of the emerging wealth of knowledge and experience on adaptation to climate change from across the world. It identifies common barriers and bridges for local adaptation to climate change through water resources management, looking at adaptive capacity, equity, and sustainability.