Both ENDS
On December 16th Jubilee Netherlands is organising a Political Café in collaboration with Both ENDS and Oxfam Novib. The purpose of the meeting is to connect the debt problems of developing countries to the current debt crisis in Europe. What lessons can be learned from past debt relief initiatives and in which way were they successful?
Pieter Jansen, programme officer at Both ENDS, interviewed Sukanta Sen from the Bangladesh Resource Center for Indigenous Knowledge (BARCIK). BARCIK is an NGO that works in the field of environment, biodiversity conservation and development. They have been promoting the significance of local and indigenous knowledge in development initiatives as well as the empowerment process of local and indigenous communities.
Hundreds of millions of euros from Ukraine found their way in recent years through Dutch letterbox companies, many of them registered at the Amsterdam Zuidas. The purpose: invisible and beneficial laundering of funds that lined the pockets of a handful of oligarchs in Ukraine by means of corruption and illegal practices - including the son of President Yanukovych. Fortunately, the Dutch government has now put a stop to this practice. Last week, Parliament decided to investigate suspicious Ukrainian assets and freeze them: a small triumph for Both ENDS and their partners!
In the beginning of October 2011, Tim Senden travelled to Tanzania for Both ENDS. In Tanzania he interviewd a number of organisations that are working on small-scale jatropha production. Thousands of small-scale farmers grow the jatropha seeds - which give a rich oil that can be used for energy production - along sides their food crops. Most of the seeds are sold to a company that exports the oil to Europe. From the remaining seeds they make soap which is sold on the local market. Is this a sustainable production model - unlike the big jatropha plantations - from which Tanzanian small-scale farmers can profit? Watch the clips and place your reactions on our Youtube channel, or on our Facebook or Twitter page.
In a new Position Statement on Financial Intermediary (FI) Lending, Dutch development bank FMO argues for limited responsibility over the outcomes investments that are channeled through commercial banks, investment funds, and other financial intermediaries, representing by far the bigger sector of its portfolio. In doing so, FMO is undermining its development mission, including the protection of human rights and addressing the climate crisis. FMO intends to delegate these key responsibilities to its FI clients only, falling short of best practices of peer financial institutions. In a joint submission prepared by Both ENDS, Oxfam Novib, Recourse and SOMO, we argue that FMO can do much more to ensure the protection of human rights, the environment, and to measure the development impact of its indirect investments.
