Just one day before the Oman East Africa Trade and Investment
Expo opens in Muscat on April 16, over 70 civil society organisations (CSOs) from Uganda, Tanzania, the Democratic Republic of Congo, and beyond have published an open letter urging the Government of Oman to refrain from providing financial or diplomatic support for the controversial East African Crude Oil Pipeline (EACOP).
Both ENDS is present at COP30 to advocate for genuine access to climate finance for locally led, gender-just climate solutions, and for the mechanisms that make these possible, including those supporting farmer-led restoration. The organisation also engages to highlight the crucial connection between climate negotiations and the trade and investment frameworks that shape them.
Below is an overview of the Both ENDS team at COP30 and a detailed look at the activities and side-events in which Both ENDS will participate.
What to think of the outcomes of this year’s Conference of the Parties (COP29) of the UNFCCC? As it has been so many times, we look back with mixed feelings. On the one hand, the negotiations had very devastating outcomes. On the other hand, working so close together with our many partners and feeling their commitment and energy, also gives a spark of hope.
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.
The world has to stop using fossil fuels, but investment in the sector continues unabated. Investors of all kinds, including banks, insurance companies and pension funds, are hesitant about making the change to sustainable energy and are not sure where to start. In the autumn of 2019, together with the DivestInvest Network and Sustainable Energy (Denmark), Both ENDS published a report entitled ‘Managed Decline of Fossil Fuel Businesses’. The report describes five criteria to test whether companies in the fossil sector are actively taking steps to wind down their fossil activities. The criteria are helping investors to choose investments that are in line with the Paris goal of restricting global warming to a maximum of 1.5 degrees Celsius. We spoke to Lars Jensen, Senior Analyst at Sustainable Energy and lead author of the report.
On March 25th Both ENDS from 18 - 20h Both ENDS organises a Political Café in het Nutshuis in The Hague. With interesting guests we will debate on Dutch energy and the effects of coal mining in developing countries. It is widely known that coal energy is bad for the environment. What many people don't realise is that Dutch used coal comes mainly from South Africa, Colombia and Indonesia, where mining causes great damage to people and the environment. That is why Both ENDS would like to debate this issue, you are more than welcome to join us!