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On 30 September 2017 Both ENDS submitted a position statement on the draft Indonesian Sustainable Palm Oil National Action Plan. The draft National Action Plan purports to represent a blue print for improving the sustainability of the Indonesian palm oil industry. However, Both ENDS has significant concerns about the logic, rationale and purpose behind the draft National Action Plan and its legitimacy as a benchmark for a sustainable palm oil industry.

Development banks such as the World Bank, the Asian Development Bank, the German DEG and the Dutch FMO have some crucial similarities: they operate with public money, and their ultimate goal is to fight poverty and promote development. But in practice, 'development' seems to be a broad concept, as there are many people that do not profit from the projects these banks invest in. On the contrary, large groups of people are often faced with negative consequences of the investments of development banks. Under pressure from civil society organisations, including Both ENDS, a number of development banks set up a complaint desk for those that are adversely affected.

and Stijn Deklerck of Amnesty International Nederland

On 12 and 13 July, the Asian Infrastructure and Investment Bank (AIIB) will be holding its annual meeting in Luxembourg. This is the fourth annual meeting of the AIIB which was set up on the initiative of China. As a shareholder, the Netherlands will be attending the meeting.

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.