Two projects insured by Atradius DSB in the Brazilian port of Suape have caused serious social problems and environmental damage. Both ENDS is helping the local people to obtain justice.
At the beginning of this century, Jatropha Curcas made its name as the miracle tree. Jatropha was easy to grow in dry areas, the seeds could be used for biofuel and since Jatropha trees - like all trees and plants - absorb CO2, growing the tree would contribute to the reduction of greenhouse gases in the atmosphere. In one stroke the solution to climate change, energy scarcity and underdevelopment would be within reach. Investors lined up to invest in large-scale Jatropha cultivation, especially in Africa. Ten years later, the miracle turned out to be a mirage.