Both ENDS
For generations, the people of Bangladesh’ flood-prone deltas have shaped their natural environment to support agricultural production. They used temporary embankments to keep tidal waters out of the floodplains for most of the year and let the rivers flow freely during monsoon season, allowing the sediment to settle on the floodplains as an important part of the delta formation process.
“5 million hectares in the Niger desert has been transformed into a lush landscape, where trees flourish, crops prosper and livestock thrives!” dr.Abasse Tougiane exclaims enthusiastically. “This is an area larger than the Netherlands!” We are present at the lecture about the successful initiative to regreen Niger, given by Abasse and his colleague Toudou Adam at the Ministry of Foreign Affairs. The room is almost completely full; obviously not only officials of Foreign Affairs, but also scientists, delegates from NGO’s and representatives from the private sector are interested in the subject. The question on everyone’s mind is: ‘how can this be so successful where an initiative such as the Great Green Wall so sadly failed?
In Indonesia, US-based mining companies succeeded to roll back new laws that were meant to boost the country’s economic development and protect its forests. This is the level of impact that investment treaties can have on social, environmental and economic development and rights. Why? Because of the ‘Investor-to-State Dispute Settlement’ (ISDS) clauses that are included in many such treaties.
Last week, the European Commission presented a proposal to reform the Investor-to-State Dispute Settlement (ISDS), which forms part of the draft text for Trans-Atlantic Trade and Investment Partnership (TTIP) between the EU and the USA. Yet, it is fraught with problems, as those few adjustments do not even address the heart of the ISDS-problem.
