Both ENDS
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.
The Dutch government expects PEFC International to undertake an investigation into its own role as a forest certification system, using the Malaysian Timber Certification Scheme (MTCS). "It is about time the Dutch government takes a leading role in ensuring Malaysian timber entering The Netherlands is not associated with deforestation and human rights abuses," states Paul Wolvekamp of Both ENDS. "Considering that the Dutch government has the ambition to build 900.000 houses in the immediate future, involving massive volumes of timber, such as timber from Malaysia for window frames, builders, contractors, timber merchants and local governments rely on the Dutch government to have its, mandatory, timber procurement better organised, i.e. from reliable, accountable sources'.
Thanks to the negotiations about TTIP, the public debate about bilateral investment treaties (BITs) is slowly underway. Especially the ‘Investor-to-State Dispute Settlement Mechanism’ (ISDS) of TTIP threatens to lower the norms to protect people and the environment. BITs make use of very controversial arbitrage systems (ISDS), which enable investors to bypass the national court to sue governments for their national policies and laws.
Instituto Cordilheira in Brazil has a vast network of grassroot organisations in Brazil. With a lot of creativity they were able to assist many of them with support of Both ENDS's Dare to Trust-project.
Civil society organisations from around the world condemn the statements by representatives of palm oil companies during a meeting with the Malaysian government. In this meeting, the company representatives called critical NGOs "toxic entities" and asked the Malaysian government to not let these NGOs into the country. Both ENDS' partners have published a reaction in which they defend their right "to expose the realities we face in their communities about the impacts of the palm oil sector".
Civil society organisations from around the world condemn the statements by representatives of palm oil companies during a meeting with the Malaysian government. In this meeting, the company representatives called critical NGOs "toxic entities" and asked the Malaysian government to not let these NGOs into the country. Both ENDS' partners have published a reaction in which they defend their right "to expose the realities we face in their communities about the impacts of the palm oil sector".
Both ENDS warns that the current debate on “simplification” of EU environmental law must not become an excuse to weaken or postpone urgently needed safeguards. In earlier contributions to the drafting of the EU Deforestation Regulation (EUDR), Both ENDS relayed the voices of local and Indigenous forest-dependent peoples, who consistently urged the EU to take responsibility for the massive deforestation linked to European imports. They underlined how this deforestation destroys biodiversity, undermines climate stability, and erodes their rights, livelihoods and cultures.
Yesterday, Global Witness published a new report, "Sunk Costs" - in which I had a modest role to play - that comes up with new facts about the disastrous New Manila International Airport project in the Philippines, for which the Dutch dredging multinational Boskalis received Dutch export credit insurance (ekv) of €1.5 billion.
With an overwhelming majority - 643 votes in favour, 20 against and 9 abstentions - a new law, which forces European export credit agencies (ECAs) to be more transparent about the environmental and social effects of transactions supported by ECAs, has just been approved of in the European Parliament. As of next year, all ECAs will have to deliver a report about this to the European Commission and the European Parliament on a yearly basis.
Both ENDS is a member of the ECA-Watch network, which monitors ECAs and stimulates more transparent, sustainable and socially just ECA-supported transactions. Clearly we are very pleased with the current developments and we hope that this will be a first step towards greener and fairer investment policies in the EU.