Both ENDS
Almost two-thirds of the export credit insurances that Atradius DSB provided in the 2012-2018 period went to the fossil energy sector. That is contrary to the climate agreements that the Netherlands signed in Paris.
Trade and aid are the new pillars of international cooperation. But does it make sense to link these two together? There’s nothing wrong with finding out whether trade and aid can complement each other, but let’s not overdo it.
To address the climate crisis we need to urgently transition away from fossil fuels towards clean, renewable energy. However, this transition is not only about changing energy sources. It requires an inclusive and fair process that tackles systemic inequalities and demanding consumption patterns, prioritizes environmental and social justice, and which does not repeat mistakes from the past.
Tax evasion costs 145 countries, representing over 98% of world GDP, more than US$3.1 trillion annually. This is concluded by the Tax Justice Network in a recently published report. With their campaign 'Tackle Tax Havens' the network wants to inform the public of the negative impact of tax havens on the global economy.
