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'.
Both ENDS is co-plaintiff in the climate lawsuit brought by Milieudefensie (Friends of the Earth The Netherlands) in 2018 against Shell to stop the company from causing harm to the climate. In 2021, the judge ruled in favor of the climate, but unfortunately the company appealed. The court will therefore render its verdict at the end of 2024.
Yesterday, the French President Macron, the President of the World Bank Group, Jim Yong Kim, and the Secretary-General of the United Nations, António Guterres, met with international leaders and committed citizens from around the world in Paris. According to the organisers, the aim of this gathering was to 'address the ecological emergency for our planet' as 'two years to the day after the historic Paris Agreement, it is time for concrete action.'
Both ENDS, the World Wildlife Fund and CDM watch are signatory to a letter sent to Secretary Joop Atsma of the Dutch Ministry of Infrastructure and Environment, drawing attention to the problem of surplus emission allowances. These allowances permit countries and companies to emit greenhouse gases and other harmful gases. Emission trading stems from the Kyoto Protocol that was drawn up in 1997 and will expire by the end of this year. Many countries have not used all their emission allowances and want to transfer them to the future. According to the three organizations this will be damaging: new investments in climate-friendly development will lose urgency for many countries.
