Currently, on the initiative of China, the Asian Infrastructure Investment Bank (AIIB) is being set up. As the ‘Chinese alternative to the World Bank’, AIIB will focus on financing large-scale infrastructure projects in Asia. The bank promises to be ‘lean, clean and green’, or in other words: non-bureaucratic, non-corrupt and environmentally friendly. Nevertheless, civil society organisations fear there will be disastrous consequences for local populations and the environment, considering China’s poor track record in these areas. In a letter to AIIB and in a press release, our partner 'NGO Forum on ADB' calls on the bank to develop strong safeguards.
On the 4th of December, the European Parliament voted in majority for a delay of implementation of the EU Deforestation Regulation (EUDR). Earlier, the European Commission and the European Council already endorsed this proposal for a delay with one year. Both ENDS and partners are worried about this decision, as there is no time to waste in our global fight against deforestation, biodiversity loss and climate change.
On December 15th 2008, Both ENDS organizes together with the Society for International Development (SID) the first Joke Waller-Hunter lecture. Both ENDS partner Professor Vijay Paranjpye will talk about `The contribution of agriculture and rural development to inclusive growth'.