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.
At the moment, Argentina is going through difficult times in terms of politics, related to the growth of institutional violence and that is why FARN believes passionately that the defense of the environment is also the defense of human rights, the defense of a good life for people, the defense of justice, of equity. So they fight passionately for greater access to information and for people to live better.
A global campaign against the power of corporations widely violating, human rights was launched during the Peoples Summit in Rio de Janeiro. Both ENDS is one of the dozens of national and international organizations supporting the campaign and the contents of the press release below.
At the core of the Fair, Green, and Global (FGG) Alliance’s mission is the commitment to building a just and sustainable world. As members of this alliance, Both ENDS, SOMO, and the Transnational Institute (TNI) recognise the urgent need to reimagine global investment frameworks. These frameworks, entrenched in outdated treaties such as Bilateral Investment Treaties (BITs) and the Energy Charter Treaty (ECT), often prioritise corporate profits over human rights, environmental sustainability, and social justice.
In 2021, the Dutch government provided a €1.000.000.000,- worth export credit support to Totals Mozgas project in Cabo Delgado, despite civil society warnings about human rights and environmental risks. The gas exploitation fueled a violent conflict, culminating in the Palma attack, displacing 800,000 people and killing 1,200 people.
On December 6, the visit of European Commission President Ursula von der Leyen to the Mercosur Summit sealed the agreement on the final text of the EU-Mercosur Association Agreement. Both ENDS condemns this damaging agreement for undermining human rights, the environment, and democracy in Europe, and in Mercosur countries. Should the agreement be ratified as it stands, it will have devastating consequences for the environment, indigenous communities, family farming and small-scale farmers on both sides of the Atlantic.
In a new Position Statement on Financial Intermediary (FI) Lending, Dutch development bank FMO argues for limited responsibility over the outcomes investments that are channeled through commercial banks, investment funds, and other financial intermediaries, representing by far the bigger sector of its portfolio. In doing so, FMO is undermining its development mission, including the protection of human rights and addressing the climate crisis. FMO intends to delegate these key responsibilities to its FI clients only, falling short of best practices of peer financial institutions. In a joint submission prepared by Both ENDS, Oxfam Novib, Recourse and SOMO, we argue that FMO can do much more to ensure the protection of human rights, the environment, and to measure the development impact of its indirect investments.
More than 100 international experts and social activists gathered from 5-8 November in Brussels, Belgium, for a 'Week of Action' to call attention to the negative effects of International Investment Treaties (IIA) on human rights and the environment.
25 civil society organisations, including Both ENDS have submitted a comment on the overarching policy of the newly proposed Environmental and Social Framework of the EIB Group. The EIB has to undertake environmental, climate, social and human rights assessment and appraisal of proposed projects to inform the decision of financing and must not rely on a clients' self-assessment and reporting (solely). The Policy needs to state clearly what the due diligence, monitoring and reporting responisibilities for the EIB are, in particular regarding human rights and contractual clauses with clients should enshrine the standards in all EIB operations, enabling for suspension of contracts if the standards are not implemented.