Both ENDS
Both ENDS, SOMO, Oxfam Novib and Recourse sent in a submission to FMO's public consultation on its Position Statement on Financial Intermediaries. In this position statement, FMO only takes limited responsibility for the consequences of its investments through so-called financial intermediaries. We call upon FMO to publish a position statement that focuses on protecting human rights and the environment and take full responsibility for this.
On 23 May, the Netherlands celebrates 60 years of bilateral investment treaties (BITs). The first BIT was signed with Tunisia in 1963. These treaties were intended to make an important contribution to protecting foreign investments by Dutch companies. A study by SOMO, Both ENDS and the Transnational Institute (TNI), however, shows that in practice they mainly give multinationals a powerful instrument that has far-reaching consequences people and the environment worldwide.
What to think of the outcomes of this year’s Conference of the Parties (COP29) of the UNFCCC? As it has been so many times, we look back with mixed feelings. On the one hand, the negotiations had very devastating outcomes. On the other hand, working so close together with our many partners and feeling their commitment and energy, also gives a spark of hope.
On 29 September 2026, Both ENDS lodged the first complaint on climate grounds with the European Commission's Single Entry Point. It asks the Commission to examine whether Aotearoa New Zealand has broken two promises both sides made in the EU-New Zealand Free Trade Agreement: not to weaken or set aside environmental laws in order to encourage trade or investment, and to effectively implement the Paris Agreement.
Everything is tradable, even the right to CO2 emissions. In the European Union this has been common practice for some years now. EU countries have agreed to a maximum amount of CO2 emissions, and this 'right' is divided amongst companies in EU countries that produce a lot of CO2. Theoretically, CO2 emissions should be reduced this way. But are they? Both ENDS, together with a number of other organizations, signed a letter calling to stop this system. Wiert Wiertsema, specialist on international capital flows, explains why.
What is the reason behind the European Investment Bank’s 500 million loan to the Brazilian development bank BNDES? The money, paid for by the European taxpayer, comes from the ‘climate funds’ intended for projects to stop climate change. Does this make BNDES the most logical choice? Anouk Franck went to Brazil to find out more about this loan.
