Both ENDS
While the energy transition via renewable energy, such as solar and wind energy, is fundamental to reduce EU CO2 emissions, we are concerned with the impacts it will have on the (geo-political) economy, people and environment. Our collaboration with civil society organisations in the Global South over the past 30 years has shown us that the patterns of consumption by rich countries, such as the Netherlands and the EU in general, have a devastating impact on people and the environment in mainly Africa, South-America and South-East Asia.
As shareholders in Brazilian mining giant Vale S.A prepare to gather online for the company’s Annual General Meeting (AGM), communities from Brazil to Indonesia criticize the company’s track record on human rights and environmental stewardship. They also point to the almost $50 billion in mounting lawsuits against the company as a risk factor that should serve as a warning sign to investors.
