Both ENDS
Earlier this week, EU Commissioner for Trade Cecilia Malmström presented a set of proposals for reforming investment protection standards and the dispute settlement mechanism ISDS (investor-to-state arbitration). The Seattle to Brussels Network (S2B), of which Both ENDS is a member, thinks that Malmström’s proposed adjustments are not far-reaching enough. They will not significantly reform the ISDS system. The organisation has published an analysis report on this.
Recently, we visited food forest Ketelbroek with a group of colleagues. This project was initiated by food forest pioneer Wouter van Eck and our own Pieter Jansen. What a beautiful place! Located between monocrop fields of ryegrass, beetroot and potatoes, the food forest is a green oasis. Birdsong fills the air and there is a constant buzz and fluttering all around. Hares, badgers, foxes and wild boars are regular visitors. And let's not forget the beavers.
Almost 150,000 organisations and individuals who participated in a public consultation on the Transatlantic Trade and Investment Partnership (TTIP) of the European Commission, made a strong statement. According to EU's own reporting, 97% does not want the controversial investor-to-state-dispute settlement (ISDS)-mechanism to be part of the trade deal. Worldwide, more than 3000 international investment agreements with ISDS exist, of which the Netherlands has more than 90s - predominantly with developing countries. Many of these countries have suffered damage caused by ISDS. This has started to set off the alarm bells in Europe and should definetely also have consequences for the already existing agreements.
In the Nam Ou river in Northern Laos, seven dams are built by a Chinese company. All over the world one can see the same picture when it comes to hydropower projects: it has devastating impacts on the people living in or around the area where they are being built, primarily because they are being displaced. It seems that displacement of communities is still accepted as the unavoidable collateral damage of infrastructure projects. This reveals a highly unacceptable attitude towards poor communities in whose name development is proceeding. In Laos, our Laotian partner visited communities along the river to talk with people about their life after displacement:
In 2015 and 2019, the Brazilian state of Minas Gerais experienced two severe mining tragedies in Mariana and Brumadinho, due to the same mining company: Vale. Since then, the affected communities have been seeking justice, via the criminal punishment of the responsible parties, and a fair compensation for the loss of their loved ones, their homes and their livelihoods. Both ENDS supports local CSOs by amplifying their quest for justice within an international audience and, more specifically, by raising awareness amongst Dutch investors in Vale about the high risks this company’s activities pose for people and the environment.
