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Since his previous government, prime minister Mark Rutte has wanted to create a green legacy with Invest-NL and Invest International, two new financial organisations. With the advent of the COVID-19 crisis, these organisations are more important than ever. Aiming to stimulate investment in sustainable and social projects, they will operate at a distance from the government so that they can act quickly and efficiently. With an initial budget of 2.5 billion euros, they will give financial support to companies active in sectors that the market avoids and which are at the heart of the transition. At Both ENDS, we see that as an essential step in closing the door for good on our old polluting lifestyle and putting sustainability at the centre of developments in the energy sector, in the organisation of our transport and mobility system, in how we produce our food and in the design of our cities.

Pernambuco, is in the extreme northeast of Brazil, is one of the country's poorest regions. One of the most important projects aimed at stimulating development in the state is the expansion of the deep-sea port of Suape, complete with an oil refinery and shipyards. The port covers an enormous area; at 13,500 hectares it is bigger than all the different sites of the port of Rotterdam together. Unfortunately, the port lies in the middle of an exceptional and vulnerable ecosystem of mangrove forests and Atlantic rainforest, which are under serious threat from the expansion. Furthermore, the livelihoods of the approximately 25,000 people living in the area are at risk. Most of these people are so called 'traditional communities' of artisanal fisher folk including a number of Quilombola communities whose inhabitants are descended from enslaved people who have lived in this lands for hundreds of years. The communities' fishing catch is visibly declining as a consequence of industrial pollution, the most serious case of which was the oil spill that badly affected the whole coast of Northeast Brazil at the end of last year.

Following years of community protest the construction of the Barro Blanco dam in Panama is finally suspended. This was publicly announced by Panama’s Environmental Agency ANAM yesterday. The suspension of the project has been a request of the Ngöbe community, represented by the Movimiento 10 de Abril (M-10), for years. The dam is projected to flood homes, schools, and religious, archaeological, and cultural sites in the indigenous traditional territory, and convert the Tabasará River from a running river to a stagnant lake ecosystem. The suspension of the project is just in time, as the dam’s construction is near to completion,

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.

The Dutch development bank FMO is not sufficiently transparent about the projects it finances and is therefore acting contrary to its mandate. This is evident from a new report published by the International Accountability Project (IAP) and the Foundation for the Development of Sustainable Policies (FUNDEPS), endorsed by 28 organizations including Both ENDS, SOMO, and Oxfam Novib. The research assesses FMO's disclosure and access to information practices for investments proposed between January 1, 2019, and May 31, 2020. Only in 25% of the cases was it disclosed what potential negative consequences an investment by FMO would have for people and the environment.