Both ENDS
For a moment it appeared that the European Investment Bank (EIB) decided to stop investments in coal fired power plants. The bank even seemed to have issued a press release on the matter. But, unfortunately, the message was not real. During the annual press conference of the bank the activists, who were the source of the fake press release, stroke again. In the name of ‘the citizens of Europe’, EIB president Werner Hoyer was awarded with the ‘World Coal Down Award’. Hoyer, who was confused for a second, did not accept the award. The EIB fiercely denied the rumors surrounding the investment stop on coal with the term 'pure nonsense'.
We are deeply shocked and saddened by the death of Berta Cáceres, who was murdered in her own home last week. Berta was the driving force behind the ‘Consejo Civico de Organizaciones Populares e Indigenas de Honduras’ (COPINH), a network of Honduran civil society organisations standing up for the rights of indigenous communities in the country. This attack once again proves that these rights are virtually non-existent in Honduras. We share the fear of many in and outside the region that this assassination will further worsen the situation of local communities.
From land regeneration to improving soil health – trees play a crucial role in almost all our ecosystems. Agroforestry makes use of these benefits by combining agriculture and forestry. Agroforestry, and the reforestation and conservation efforts that are part of it, improves biodiversity and climate resilience, as well as the livelihoods of the farming communities involved.
The updated complaint mechanism of the development banks FMO, DEG, and Proparco marks an important step forward. Organizations that participated in the consultation acknowledge the efforts to improve the mechanism. At the same time, they emphasize that much still needs to be done to make the policy truly effective, transparent, and independent.
Remember the widespread protests against trade agreements TTIP and CETA? One of the main worries was the Investor-State Dispute Settlement (ISDS) mechanism these treaties contain. Now the European Commission has proposed to set up a Multilateral Investment Court. Is that good news?
Signed by ministers of Togo and Benin, the transboundary Mono River will now have an institutional structure to discuss the management of this basin: the Mono River Basin Authority (MBA). Based on our Negotiated Approach, our partner JVE has from the start successfully engaged in the set up of this authority, advocating for the inclusion of all stakeholders in the future decision-making processes of the MBA.
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.
