Both ENDS
On Thursday November 7th, a group of European NGO's including Both ENDS, sent a letter to Vice-President of the EU Frans Timmermans, in which they ask him to support the phase out of European Investment Bank’s fossil fuel financing by the end of 2020.
A recent study by Profundo for Both ENDS and Oxfam Novib shows that investment in agroecology is necessary for a sustainable and inclusive global food system. Today, some 768 million – one in ten – people suffer from hunger or a severe shortage of food on a daily basis. Conflict, economic stagnation caused by the Corona epidemic, and the climate crisis present an immediate threat to the production of and access to sufficient nutritious food. Agroecology, a form of agriculture that places small-scale farmers, the natural environment and short supply chains at the centre of food production, makes communities in developing countries more resilient and helps them combat hunger. The study concludes however that major donors, including the Netherlands, are so far providing insufficient support for agroecology.
Both ENDS organised a Political Cafe in The Hague on Friday, 20 November in anticipation of the climate summit in Copenhagen. Here, Both ENDS and its Southern partners, GAMBA and NAPE took an in-depth look at the European Investment Bank's (EIB) investments. To what extent do they take the impacts of climate change into account? And, how consistent is their climate policy compared with the ambitions that the EU has for Copenhagen?
Authors note rectification 13 April 2023
Most Dutch pension funds and their asset managers do not vote consistently in favour of climate resolutions at the oil and gas companies and banks in which they invest. That is the conclusion of a report published today by Both ENDS and Groen Pensioen. Eleven of the twelve* Dutch pension funds studied have made public statements and pledges about adapting their policies in line with the Paris Climate Agreement. But their voting behaviour does not sufficiently correspond with these pledges. Only pension fund PME votes for 100% in line with its own climate promises.
Eurodad's International Conference is co-hosted by Eurodad's Dutch members ActionAid Netherlands, Both ENDS, OIKOS, Oxfam Novib and SOMO. It will be held in the Caballero Fabriek in The Hague.
Investment treaties must be inclusive, sustainable and fair. That means that they must not put the interests of companies before those of people and their living environment.
The government of Kenya has officially terminated its bilateral investment treaty (BIT) with the Netherlands, marking a significant win for economic justice and environmental protection. Kenya’s decision reflects a growing global trend of rethinking outdated treaties that often prioritize corporate interests over public welfare. The Dutch Minister for Foreign Trade and Development recently confirmed that Kenya unilaterally ended the treaty in December 2023, rendering it inoperative from 11 June 2024. Kenya now joins South Africa, Tanzania, and Burkina Faso as the fourth African country to terminate its BIT with the Netherlands.
Both ENDS has been asked by FMO to comment on its draft investment approach to responsibly managed forest plantations. To follow are a number of observations and recommendations, partially informed by Both ENDS long legacy of working in the forest & land arena, in dialogue with international donors, philanthropic foundations, companies, certification bodies and notably with forest dependent communities and other land users.
