Both ENDS
Joint press release from Both ENDS and Fossielvrij NL - 26 March 2019
A group of 22 wealthy Dutch investors have decided to disinvest all their personal capital, worth a total of 200 million euros, from the top 200 oil, gas and coal companies. The investors have pledged to disinvest all their capital from the fossil industry within three to five years. By doing so, they are giving a clear signal that they do not want their capital to contribute to disastrous climate change.
On the 25th of March 2010, Both ENDS organised a Political Café on the social and environmental effects of coal mining in developing countries. Matthews Hlabane of the Green Revolutionary Council was our special guest of the evening. Coming from the mining city of Witbank, South Africa, he could share his first hand experience on the devastating effects of coal mining.
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.
