By Fernando Hernández Espino and Bart-Jaap Verbeek
Almost a year after African civil society gathered in Uganda to adopt the Entebbe Declaration, the call to transform international investment governance continues to gain strength. From the 6th to the 9th of October, over 50 civil society organisations from across West Africa, including from Ghana, Senegal, Nigeria, Côte d’Ivoire, Cameroon, Gambia, Sierra Leone, as well as from Kenya and Latin America, are convening in Accra to deepen and operationalise the Declaration’s vision.
Together with environmental justice groups from the Global South, Both ENDS works towards a sustainable, fair and inclusive world. Both ENDS gathers and shares information about policy and investments that have a direct impact on people and their livelihood, we engage in joint advocacy, we stimulate the dialogue between stakeholders and we promote and support sustainable local alternatives.
Both ENDS has won the Innovation Award organized by the Dutch NGO PSO (Association for Staff Cooperation with Developing Countries). The Both ENDS project 'South-South learning through a new approach for River Basin Management' was one of three initiatives shortlisted from a total of 23. On 28 November a committee of experts congratulated Both ENDS with the prize.
FMO's new position statement on fossil fuel investments commits to ending new direct finance in the downstream and midstream coal and oil sectors, whilst still allowing for investments in gas-fired electricity generation under exceptional circumstances only. Both ENDS welcomes this development as a step in the right direction.
A Negotiated Approach envisages the meaningful and long-term participation of communities in all aspects of managing the water and other natural resources on which their lives depend. It seeks to achieve healthy ecosystems and equitable sharing of benefits among all stakeholders within a river basin. This inclusive way of working is an essential precondition for the Transformative Practices that are promoted by Both ENDS and partners.
We are exited about the news that Ms MacKenzie Scott decided to entrust substantial funding to a wide range of small grants funds from Both ENDS' partner networks*. These small grants funds are unique as they are set up and led by people, often activists themselves, from the country or region in which the fund is based. Most mainstream conventional funders admit they have difficulties reaching community based organisations and grassroots groups themselves. Small grants funds know better than anyone how to reach local communities, who to support and what kind of financial as well as non-financial support is most needed. Thus, they bridge a wide funding gap. Both ENDS applauds this recognition of the important role of these funds in the funding landscape. We hope this encourages more funders to join!