Both ENDS organised a Political Cafe in The Hague on Friday, 20 November in anticipation of the climate summit in Copenhagen. Here, Both ENDS and its Southern partners, GAMBA and NAPE took an in-depth look at the European Investment Bank's (EIB) investments. To what extent do they take the impacts of climate change into account? And, how consistent is their climate policy compared with the ambitions that the EU has for Copenhagen?
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.
Both ENDS, MamaCash and FCAM are proud to contribute to the 'Adaptation Futures 2016- conference'.
Adaptation Futures is the biennial conference of the Global Programme of Research on Climate Change Vulnerability, Impacts and Adaptation (PROVIA). In 2016 the European Commission and the Government of the Netherlands co-host the fourth edition. Adaptation Futures 2016 is where scholars, practitioners, policymakers and business people from all around the world go to connect, learn and inspire. It highlights adaptation practices and solutions for people, governments and businesses. The programme addresses all sectors and all parts of the world.
Last June, President Obama called upon the national and international community to give no more public support to foreign coal. Shortly after this, the World Bank and the European Investment Bank EIB followed the example, setting stricter criteria for loans to energy companies, which will make it nuch more difficult, if not impossible for new coal plants to get financing from these banks.
At first glance, a dam in Uganda and a paper mill in Brazil don't seem to have much in common. Nevertheless, both projects are financed by the European Investment Bank (EIB) and both projects have a significant impact on the environment and the local population. The European Union is said to have great ambitions for the climate summit in Copenhagen, to be held in December.
According to European Union rules, 10% of agrofuel should be added to every litre of petrol or diesel in 2020. However, current agrofuels like palm oil, soy and rapeseed are no better for the environment.
The European Bank voor Reconstruction and Development wants to provide $40 million to a Kuwaiti company that is going to start doing oil drilling in Egypt. Huub Scheele from Both ENDS together with Egyptian NGOs urges the EBRD to postpone the decision, as the money is not going to contribute to any positive changes for the Egyptian people.
The European Bank for Reconstruction and Development (EBRD) plans to give multinational Monsanto 40 million dollars to sell seeds and pesticides in Eastern Europe. Farmers and environmental groups from all around the world are shocked, since Monsanto is known for promoting genetically modified crops and pesticides. Today Both ENDS and partners from Eastern Europe requested the EBRD to stop this project.