The value of ABP's pension fund investments in fossil fuel companies has fallen by 44% from end of last year to its lowest point on March 16 this year, while the value of the rest of the portfolio decreased by 26%. This impact can be seen in simulations based on the publicly available equity portfolios of Dutch pension funds ABP and Zorg en Welzijn (PFZW), carried out by research agency Profundo on behalf of Both ENDS. The simulations show that the risks of investing in the fossil fuel sector are increasing.
The Pantanal, the world's largest freshwater wetland, is suffering exceptionally devastating forest fires, mostly caused by human activities. Over the past few months, an area as big as Northern Ireland has burned down. Both ENDS's partner organisations call for attention for this ecological and social disaster.
In many places in Latin America, access to clean water is under great pressure from overuse and pollution, often caused by large-scale agriculture or mining. This has significant impact, especially on women. In March, with International Women's Day on March 8 and World Water Day on March 22, they make themselves heard and claim their right to water.
In 2015, the United Nations instigated the Sustainable Development Goals (SDGs). These seventeen interrelated goals are intended to result, by 2030, in a better, fairer and more sustainable world in which no one is left behind. As a member of the UN, the Netherlands is committed to promote the SDGs and every year Statistics Netherlands (CBS) and the central government publish reports on the progress made. The initiators of 'SDG Spotlight Nederland' however believe that there is a need for an annual report on the Netherlands' performance on specific SDGs from a different perspective. Fiona Dragstra and Stefan Schuller of Both ENDS contributed to the report on 2020 and tell us here why they think it is so important.
Almost 40 civil society organisations and networks from around the world, including Both ENDS, today sent a letter to Dutch Minister for Foreign Trade and Development Cooperation Sigrid Kaag and State Secretary for Finance Hans Vijlbrief. They are asking the ministers to ensure that the expansion of export credit insurance as a result of the Corona crisis contributes to a green recovery.