Both ENDS
Still, more funds are spent on the fossil industry than on sustainable solutions. Banks, pension funds, insurers and governments keep investing in fossil infrastructure which endangers people and the environment. Therefore we call on financial institutions to stop funding the climate crisis.
Join our "Stop Fossil Finance" block at the next climate march!
We are exited about the news that Ms MacKenzie Scott decided to entrust substantial funding to a wide range of small grants funds from Both ENDS' partner networks*. These small grants funds are unique as they are set up and led by people, often activists themselves, from the country or region in which the fund is based. Most mainstream conventional funders admit they have difficulties reaching community based organisations and grassroots groups themselves. Small grants funds know better than anyone how to reach local communities, who to support and what kind of financial as well as non-financial support is most needed. Thus, they bridge a wide funding gap. Both ENDS applauds this recognition of the important role of these funds in the funding landscape. We hope this encourages more funders to join!
Together with environmental justice groups from the Global South, Both ENDS works towards a sustainable, fair and inclusive world. Both ENDS gathers and shares information about policy and investments that have a direct impact on people and their livelihood, we engage in joint advocacy, we stimulate the dialogue between stakeholders and we promote and support sustainable local alternatives.
On Wednesday December 4th 2019 Both ENDS together with Heinrich Böll Stiftung from he US organises a side event at the UNFCCC COP in Madrid: Can the GCF Catalyze Inclusive, Gender-Responsive Local Climate Action Globally and in Latin America?
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With gender-responsiveness a work in progress, current climate funds are hardly accessible for women-led community based organizations. While these groups lack access to finance and decision-making, they already lead bold holistic gender-just climate solutions and initiatives worth funding support.
Follow this event live on YouTube!
Amsterdam, 8 July 2021 – The Shell ruling has consequences for the financiers of major climate polluters. That is the message in a letter from a number of civil society organisations, including Oxfam Novib, Eerlijke Geldwijzer, Milieudefensie, Greenpeace and Both ENDS, to the biggest banks, pension funds and insurance companies in the Netherlands. In the letter, they call on the financial institutions to reduce CO2 emissions from loans and investments in line with the 1.5 degrees goal laid down in the Paris climate agreement.
Export support – and especially that to fossil projects – has been in the spotlights quite often recently. This is a positive development, because the Netherlands alone provides fossil export support worth 1.5 billion euros per year. At the climate summit in Glasgow, the United Kingdom launched a statement promising to stop providing export support to fossil projects by the end of 2022. After having denied at first, the Netherlands decided to join the statement after all – which now has already been signed by nearly forty countries and financial institutions.
