The ocean emerged strengthened from the UN Ocean Conference in Nice. More countries are supporting a ban on deep-sea mining, more marine protected areas are being established, and more pledges are being made to fight pollution. The question now is whether countries will follow through on their commitments. Because the ocean movement faces a camp of powerful interests.
This article was originally posted in Dutch on MO*Magazine.
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.