This short animation functions as a primer to the policy paper written by Both ENDS, and makes the case for an investment policy that aims for an energy independent Netherlands, a country that goes about its daily affairs in a social and environmentally sound way.
We are very proud that our director Daniëlle Hirsch has been included again in the ‘Sustainable 100’ (an annual ranking list published by Dutch newspaper Trouw), and has gone up more than 40 spots compared to last year! Danielle was included in the list because of the many things she does with her organisation as a whole, but she got the higher ranking for the way she combines her criticism of the destructive role of the Netherlands as a trading nation and large cause of CO2 emissions in the world (often supported by the Dutch government), with a constructive attitude when it comes to finding alternatives and solutions.
Almost two-thirds of the export credit insurances that Atradius DSB provided in the 2012-2018 period went to the fossil energy sector. That is contrary to the climate agreements that the Netherlands signed in Paris.
Since the signing of the Paris Climate Agreement, rich countries have provided almost 50 times as much export support for fossil fuel related projects as for clean energy projects in four African countries. This is the conclusion of a report written by five environmental organisations from Ghana, Nigeria, Togo and Uganda, in cooperation with Friends of the Earth Netherlands and Both ENDS. The rich countries insured energy projects with a total value of 11 billion US dollars through their export credit agencies (ECAs). More than half of this export support is related to fossil fuels. Only 1% went to sustainable renewable energy.
Export credit agencies (ECAs) play a central role within the complicated web of global development finance. In 2018, Both ENDS invested in strengthening cooperation among organisations working on ECAs, building a strategic global collaboration to stop ECAs' support of fossil fuels and improve their environment and human rights record.
Press release 24 October 2019
Starting today, investors can use five criteria to test whether companies in the fossil sector are actively working on phasing out their fossil activities. Too many investors still seem hesitant to switch to a profitable future of sustainable energy and these criteria should help them do this. The organisations DivestInvest Network, Sustainable Energy (Denmark) and Both ENDS (the Netherlands) publish the report "Managed Decline of Fossil Fuel Businesses" today, which describes these five criteria. The criteria aim to help investors choose investments that are in line with the Paris goal "stay below 1.5 degrees Celsius warming." The recommendations are presented at the World Pension Summit deliberately, because pension fund investors in particular can take more responsibility in this.
Both ENDS' Niels Hazekamp and Daan Robben are joining the Climate CoP in Bonn to actively follow the negotiations, with a special focus on certain topics such as subsidies and support for fossil fuels, climate finance, climate adaptation, and gender. Both ENDS also co-organises a side event together with the International Institute for Environment and Development (IIED).