Both ENDS
On Monday 11 November the Dutch Parliament debated on the Dutch Good Growth Fund (DGGF), which was initially launched in 2012 under Minister Ploumen for Foreign Trade and Development. The fund aims to promote ‘development relevant trade’: imports and exports which are beneficial not only for the Netherlands, but also for the population in (poor) countries they invest in. However, the question is whether in practice it will work this way. According to Anouk Franck of Both ENDS, the DGGF focuses too much on trade, and economic factors. This is reflected in critical report which was recently published by ActionAid, SOMO and Both ENDS.
“Quite shocking”, said Anouk Franck from Both ENDS. “The International Finance Corporation is unaware of the social and environmental consequences of their investments in private enterprises in developing countries and emerging economies. This was observed by the Ombudsman of the IFC itself.”
Janet Awimbo, a Kenyan ecologist, presented the first copy of the booklet 'Imagining sustainability' to HRH Prince Willem-Alexander yesterday. In the booklet, which is a co-production of Both ENDS and Cordaid, are seven interviews with thinkers from the southern hemisphere. They all envision a green and fair economy in the future. Awimbo and the Prince of Orange met at the Rio aan de Maas event in Rotterdam. At the event, Both ENDS also organised a workshop where Janet Awimbo, Paul Wolvekamp (Both ENDS) and Maarten Hajer (Bureau for Environmental planning) spoke with each other and with the audience.
Representatives of the Dutch and the German development banks (FMO and DEG) are in Panama today to discuss the future of the controversial Barro Blanco project with the government. Last May, the locks of the dam were closed to test the dam, in complete breach of all previous agreements. Part of the surrounding land is now flooded and some residents might soon have to be evacuated. Both ENDS, together with seven other organisations sent a letter to the directors of the two banks, urging them to assume their responsibilities as investors in the project.
At this year's UN Climate Conference COP27, Bhavya George, Climate Change coordinator of our partner organisation Keystone Foundation won one of the Gender Just Climate Solutions awards. Her project "Women Barefoot Ecologists", which also is supported by the Global Alliance for Green and Gender Action (GAGGA), won in the category "Transformational Solutions".
During the election debate between ten candidate MEPs (Members of European Parliament) yesterday evening in the Brakke Grond in Amsterdam, several issues are highlighted. Candidates explain how their parties think about the use of biofuels, mandatory production criteria for clothing sold in the EU and on the approach to tax avoidance. All participants acknowledge that there are problems related to these issues, but they differ on their preferred solutions to these problems. Tempers start to run high when the free trade agreement between the U.S. and the EU (TTIP) is discussed.
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.
