The Netherlands provides export credit insurances and guarantees worth 1.5 billion euros annually to Dutch companies active in the oil and gas sector abroad. This support amounts to one and a half times the annual amount that the Cabinet of Prime Minister Rutte mobilises for climate initiatives worldwide. The intended effects of Dutch international climate policy are more than offset by this fossil export support. That is the conclusion of a new report from Both ENDS which is published today.
The Netherlands and Europe are investing far too much in gas pipelines and storage facilities. The number of gas pipelines is already enough to meet the demand for gas. The planning and construction of pipelines (financed with European funds) that have to transport gas from Russia, Central Asia and North Africa to Europe and the Netherlands is getting out of hand. The current capacity for transport and storage in both the Netherlands and Europe is enough to meet European demand until 2050. Therefore, the 'gas hub' that was built for liquefied gas in Rotterdam is unnecessary. This is one of the conclusions of the report "The Price of Gas" that was commissioned by Both ENDS.
New research by Both ENDS, Fossielvrij NL and urgewald shows that, in 2017, pension fund ABP invested 500 million euros more in coal, oil and gas than in the previous year – a total of 10.9 billion euros. These investments in fossil fuels not only stand in sharp contrast to ABP's claim that it has achieved substantial successes in its climate policy, but are also in flagrant violation of the Paris climate agreement. Unlike international forerunners among pension funds, ABP continues unabated to invest in the fossil energy sector.
From 6-16 september, the 13th Conference of Parties' of the UNCCD (UN Convention to Combat Desertification) took place, this time in Ordos, China. The UNCCD is the global convention of the United Nations on combating desertification and drought. Every country in the world has signed this convention. Canada withdrew in 2012, but in 2016 - under the Trudeau administration - started a process to re-enter the convention. Both ENDS is a member of Drynet, a network of local organisations and communities in dry regions searching for ways to use land in a sustainable manner.
Oil Change International is mainly focused on research, communication, and advocacy. Charity Migwi helps with campaigning to get fossil fuel companies to face out their production of oil and gas. In Africa, for instance Nigeria and Senegal, she works together with communities, especially where the projects are happening to see how they can collaborate and strengthen each other. And they are under pressure of time. Where advocacy takes patience and time, climate change impacts are rising daily. A personal talk about the importance of things that are worth fighting for. At Both ENDS, our aim is to connect people for change.
The Netherlands is facing an important choice this week. On one side, there are political parties that want to shut the country off from the outside world and let climate change advance unchecked. On the other side, there are parties calling on the Netherlands to once again take the lead in areas like climate change, fair taxes and sustainable trade. Both ENDS believes that such leadership is crucial now more than ever.
What opportunities will the Green Climate Fund (GCF) offer countries like Indonesia and Ghana? What decisions must be made now so that the money from the fund will reach the places it was intended for in the future? Since the UN decided to set up the Green Climate Fund in 2011, Both ENDS and several other NGOs from developing countries have been aiming to influence the way the fund is organized. This week, the ninth board meeting of the GCF will be held in Songdo, South Korea. Just like at earlier board meetings, Both ENDS is represented, this time in the person of Leonie Wezendonk. Along with Titi Soentoro from the Indonesian advocacyorganisation Aksi! and Ken Kinney of the Development Institute in Ghana, she traveled to