Both ENDS
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?
More than 20 NGOs co-signed a statement expressing their concern on the accreditation of Deutsche Bank as implementing partner of the Green Climate Fund. The signatories, including Both ENDS are disappointed about the lack of transparency of the accreditation.
The Dutch pension fund, ABP, invested about two billion euros more in the fossil energy industry at the end of 2016 than the year before. This is announced by the report "Dirty & Dangerous: the fossil fuel investments of Dutch pension fund ABP," published today by Both ENDS, German urgewald and Fossielvrij NL. The report criticizes these investments because of the impact on the climate and the catastrophic consequences for the people in the areas where coal, oil and gas are being produced.
What opportunities will the Green Climate Fund (GCF) offer countries like Indonesia and Ghana? What decisions must be made now so that the money from the fund will reach the places it was intended for in the future? Since the UN decided to set up the Green Climate Fund in 2011, Both ENDS and several other NGOs from developing countries have been aiming to influence the way the fund is organized. This week, the ninth board meeting of the GCF will be held in Songdo, South Korea. Just like at earlier board meetings, Both ENDS is represented, this time in the person of Leonie Wezendonk. Along with Titi Soentoro from the Indonesian advocacyorganisation Aksi! and Ken Kinney of the Development Institute in Ghana, she traveled to
This year's climate conference had a lot of side-events about gender. Gender is about women and men, not their biological differences, but the differences in for example their roles, their needs, their rights and their access to decision making.
