In 1959, Germany and Pakistan signed the first Bilateral Investment Treaty (BIT) in the world. Without knowing, they marked a new era as many countries have followed their example since then. Currently, the international legal system that governs international investment flows consists of about 3000 BITs and other international investment agreements (IIAs). While originally these treaties were thought to be beneficial for the investor and the host state in terms of economic growth, increased foreign investment and development, many host states have suffered negative consequences instead of benefiting from them.
On Tuesday 24th of May the locks of the Barro Blanco dam in the Tabasará river in Panama, which is partly financed by the Dutch development bank FMO, were closed. This is in complete discord with the previous agreements between the Panamanian government and the leadership of the indigenous communities. Last august these parties had agreed that the reservoir of the dam would not be filled until a new agreement had been reached which includes all affected parties. According to the Panamanian government and the company Genisa the present filling of the dam is only a test. But this ‘test’ means that the water will rise 26 meters above the predicted future level of water.
Written by: Boy Mochran and Sheila Kartika, Telapak, Indonesia
For the first time in Indonesian history, a public committee has been established to assist the government in water resource management. The Lamasi River Basin Committee is a platform for governmental and non-governmental representatives in the Luwu District in southern Sulawesi, Indonesia. Together with the local government, this committee will plan and monitor policy implementation, as well as coordinate water resource management.
On Monday September 5, together with the Dutch Party for the Animals, Both ENDS organised a Masterclass Dutch Export Credit Facility. The goal of the Masterclass was to inform Dutch parliamentarians and their staff on the functioning of the Dutch export credit facility.
At the end of November EFLAC, the most important gathering of feminists from throughout Latin America and the Caribbean, took place in a park just outside Montevideo, Uruguay. Within Both ENDS, I coordinate the GAGGA programme, in which we promote cooperation between the environmental and women's movements. Our partners Mama Cash and FCAM persuaded me that this meeting was the perfect opportunity to find out whether and, if so, in which way women are interested in the environment. They had prepared me for a very intensive meeting, at which the whole spectrum of emotions would be aroused and expressed. I had no idea what to expect and set off with a completely open mind. And so it came that I spent four days among more than 2,000 women from across the continent.