Both ENDS
SOMO and Both ENDS strongly condemn the newly revealed investor-state dispute settlement (ISDS) case filed by Petrogas, an Omani oil and gas company operating two shallow-water gas fields in the Dutch North Sea, against the Netherlands under the Netherlands-Oman bilateral investment treaty (BIT).
What is the reason behind the European Investment Bank’s 500 million loan to the Brazilian development bank BNDES? The money, paid for by the European taxpayer, comes from the ‘climate funds’ intended for projects to stop climate change. Does this make BNDES the most logical choice? Anouk Franck went to Brazil to find out more about this loan.
On the 4th of December, the European Parliament voted in majority for a delay of implementation of the EU Deforestation Regulation (EUDR). Earlier, the European Commission and the European Council already endorsed this proposal for a delay with one year. Both ENDS and partners are worried about this decision, as there is no time to waste in our global fight against deforestation, biodiversity loss and climate change.
