Both ENDS
On Wednesday, November 14, Dutch Newspaper De Volkskrant published a joint op-ed by Both ENDS, Hivos, Greenpeace Netherlands and Witness about the deforestation in the Amazon region which is still going on rapidly, having disastrous consequences for the indigenous people who live in the area, for biodiversity and for the climate. The Netherlands is one of the largest buyers of Brazilian agricultural products such as soy and beef, and should ensure that deforestation, land grabbing and human rights violations do not occur in these production chains. Unfortunately, this is not at all the case yet.
The Dutch pension fund, ABP, invested about two billion euros more in the fossil energy industry at the end of 2016 than the year before. This is announced by the report "Dirty & Dangerous: the fossil fuel investments of Dutch pension fund ABP," published today by Both ENDS, German urgewald and Fossielvrij NL. The report criticizes these investments because of the impact on the climate and the catastrophic consequences for the people in the areas where coal, oil and gas are being produced.
Two-thirds of the export credit insurances that Atradius DSB provided in the 2012-2015 period went to the fossil energy sector. That is contrary to the climate agreements that the Netherlands signed in Paris.
A Dutch economic trade mission is visiting Indonesia from the 21st to the 24th of November. Prime Minister Mark Rutte, who heads the mission, is accompanied by Minister Ploumen (Foreign Trade and Development), Minister Schultz van Haegen and State Secretary Dijksma (Infrastructure and Environment).
Each year on the 14th of November, in the Brazilian city of Cáceres the 'Day of the Paraguay River' (Dia do Rio Paraguai) is celebrated. This tradition started in the year 2000, when civil society mobilized for the first time and successfully campaigned against the construction of the Hidrovía Paraguay-Paraná. Since then, the date symbolizes the close relationship of the people with the river, its culture and the environment.
Amsterdam 1 May 2019 - Dutch pension fund ABP's 'sustainable and responsible investment report’ today suggests that the pension fund is well on track in terms attaining its internal sustainability goals. However, an analysis by Fossielvrij NL, Both ENDS, urgewald and Greenpeace shows that ABP remains on a collision course with the Paris climate goals. At the end of 2018, ABP still invested 16.5 billion Euros in the fossil industry. ABP's investments in the world's 44 largest climate polluters even increased between 2016 and 2018.
The Green Climate Fund aims to support transformational pathways to climate-resilient development, intends to reach those most vulnerable, and commits to a gender-sensitive approach. This session presents an important way of putting these commitments into practice: by engaging small grants funds. These funds can provide the much needed channel between large international institutions and local communities adapting to climate change, and assure financing reaches women and men to contribute to transformative climate action. But how to make this shift in how financing is delivered? The audience will be actively engaged in the discussion to come to concrete suggestions to strengthen local access and gender responsiveness of climate finance.
