The EU is the world's largest "importer of deforestation," due to the huge volumes of unsustainably produced soy, timber, palm oil, and other raw materials that EU member states import. After many years of delay, the European Parliament and the European Council passed a law in December 2023 to address this problem: The EU Deforestation Regulation (EUDR). Both ENDS is part of a broad coalition of organizations that have been pushing for this European legislation. However, there is now a serious delay, and perhaps even postponement, of the law's implementation. Objections have been raised by a number of member states, who are sensitive to lobbying by certain business sectors and producer countries.
Press release 24 October 2019
Starting today, investors can use five criteria to test whether companies in the fossil sector are actively working on phasing out their fossil activities. Too many investors still seem hesitant to switch to a profitable future of sustainable energy and these criteria should help them do this. The organisations DivestInvest Network, Sustainable Energy (Denmark) and Both ENDS (the Netherlands) publish the report "Managed Decline of Fossil Fuel Businesses" today, which describes these five criteria. The criteria aim to help investors choose investments that are in line with the Paris goal "stay below 1.5 degrees Celsius warming." The recommendations are presented at the World Pension Summit deliberately, because pension fund investors in particular can take more responsibility in this.
In various countries in the Sahel, vast tracts of degraded land have been restored by the local population by nurturing what spontaneously springs from the soil. They do this using a method called 'Farmer Managed Natural Regeneration (FMNR)'.
For Both ENDS, 2014 was a year of both looking back and ahead. We achieved valuable results with projects we have been working on for many years. At the same time, we also started a number of promising new activities. Together with our partners, we worked on more than 40 projects linked to the topics land, water and capital flows.
A wave of international recognition is shedding light on the valuable role that indigenous communities play in looking after our planet's most vital ecosystems. Last night in Vancouver, two of our partners won a grant in the Inclusive GEF Assembly Challenge Program: the ILED Network and AIDER (Peru). Our colleague Eva Schmitz was present to receive the prize on behalf of the ILED Network.
This week the European Investment Bank (EIB), or ‘Europe’s house bank’, presented a concept policy note which outlines future policies on loans in the energy sector provided by the bank. Network organisations CEE Bankwatch and Counter Balance, both of which Both ENDS is a member, monitor policies and investments of the EIB. They find the new proposal very disappointing and have therefore sent a press release. Huub Scheele from Both ENDS, who has been working with our colleagues from CEE Bankwatch and Counter Balance for years, explains why.
Update Monday June 10: On the evening of June 9 Stephen has been found abandoned on the side of the road. His condition is bad, after having suffered severe beatings, mistreatment and abuse through the week. He is alive, safe and reconnecting with his family. We thank everyone that has shared the solidarity statement. This international pressure helped in ensuring his release.
June 8: This is a joint statement by over 115 international civil society organisations to call upon the Ugandan authorities to ensure the immediate and unconditional release of Stephen Kwikiriza, who has been held incommunicado since his abduction by plain clothed officers in Kampala on 4 June 2024.
The FMO development bank is proud of its results and the opportunities it seizes where commercial banks fail to act. But do the bank's actions really help, ask Anne de Jonghe and Nick Middeldorp.