Both ENDS
In March the Indonesian government announced that it will terminate the Bilateral Investment Treaty (BIT) with the Netherlands as of July 1st, 2015 (for more information, see the press release of 24 March at the bottom of this post). Several organizations, including Both ENDS, have been raising questions about these controversial international trade agreements for a long time and think they should be drastically revised or even terminated. The Socialist Party and GreenLeft have asked parliamentary questions about the effects of these treaties following Indonesia’s decision. Both ENDS is curious about the answers to these parliamentary questions and about the consequences they will have for Dutch policy in this area.
The European Investment Bank (EIB) has published its new policy for energy investments. In the new draft policy, the bank states to stop investing in fossil fuel related projects from 2020. This is good news for the climate, so Both ENDS and partners are happy with this draft policy. The shareholders of the bank, the member states of the European Union, still have to approve it.
Trust builds trust. That is what I have learned from how Both ENDS works - within our team, with partners in joint strategies and advocacy, and in our relationships with partners as a funder. Trust is the foundation. It is what allows compassion to grow, what gives rise to hope, and what fuels real solidarity. This is especially powerful in contrast to the prevailing global trend of political and international leaders who prioritize hard measures and self-interest, ignoring relations of trust. It is even more reason for us to share what we have experienced when we put trust first.
To realise the energy transition, large quantities of minerals and metals such as lithium, cobalt and rare earth metals are needed. These raw materials are mainly extracted in countries in the global South, and unfortunately this is almost always accompanied by human rights violations and environmental destruction. Today – also in light of EU Raw Materials Week that is happening this week – Argentinian organisation FARN and Both ENDS publish a joint report on the extraction of lithium in Argentina.
After months of lobbying of a group of NGOs, including Both ENDS, the United States Congress has opposed weakening of the investment criteria, the so-called ‘safeguards’ of the World Bank. The Congress sent a letter to the US Treasury, stating that the Banks’ social and environmental criteria for investments should not be weakened and the Treasury should oppose this. This is a great success for civil society organisations from around the world - including Both ENDS – which have been working for years to maintain and even improve the current investment criteria of the World Bank.
Today, we look back on an inspiring event Civic space at the frontlines -
Environmental Defenders and the Role of International Trade and Investment Policy. The panel exist of Michel Forst, UN Special Rapporteur Environmental Defenders under the Aarhus Convention, Suzanne Kröger, Member of Parliament for GroenLinks–PvdA, Dr. Margit van Wessel, Associate Professor at Wageningen University, Anne de Jonghe, policy advisor at Both ENDS, and Jonila Castro, national spokesperson for Kalikasan People's Network for the Environment. With an audience of CSO experts, academics, accountability experts and students we discussed the effects of Dutch economic activity on Environmental Defenders, and what we all can do to support those on the front lines of the fight for the environment and human rights.
The Dutch pension fund, ABP, invested about two billion euros more in the fossil energy industry at the end of 2016 than the year before. This is announced by the report "Dirty & Dangerous: the fossil fuel investments of Dutch pension fund ABP," published today by Both ENDS, German urgewald and Fossielvrij NL. The report criticizes these investments because of the impact on the climate and the catastrophic consequences for the people in the areas where coal, oil and gas are being produced.
During the 24th Conference of the Parties (COP24) of the UNFCCC taking place in Katowice, Both ENDS partner Raju Pandit Chettri – director of Prakriti Resources Centre in Nepal - was one of the selected Southern leaders to meet with the Dutch Minister of Development Cooperation and Foreign Trade, Sigrid Kaag. We asked Raju about his expectations, messages, Kaag's responses and his experiences of the meeting.
