Currently, on the initiative of China, the Asian Infrastructure Investment Bank (AIIB) is being set up. As the ‘Chinese alternative to the World Bank’, AIIB will focus on financing large-scale infrastructure projects in Asia. The bank promises to be ‘lean, clean and green’, or in other words: non-bureaucratic, non-corrupt and environmentally friendly. Nevertheless, civil society organisations fear there will be disastrous consequences for local populations and the environment, considering China’s poor track record in these areas. In a letter to AIIB and in a press release, our partner 'NGO Forum on ADB' calls on the bank to develop strong safeguards.
The Netherlands is a major player in the global water sector, but our investments can quite often lead to human rights violations and environmental problems in the countries where they are made. What can a new Dutch government do to reduce the Netherlands’ footprint beyond our borders? Ellen Mangnus spoke to various experts about this issue: today, part 3.
Today, 800 million (almost 1 billion!) people around the world suffer from acute hunger. Add to that the almost two billion people who do not have access to even a minimum of healthy and nutritious food, and the way in which food production currently causes deforestation, erosion, pollution and climate change, and it’s clear why it’s time to do things differently! The Dutch government has set itself the goal of tackling this problem thoroughly and food security is one of the focus areas of the Netherlands’ development cooperation policy. Both ENDS shares that ambition, but feels that the government’s approach could be much better and more future-proof.
As negotiations were held by European policymakers today about a possible capital increase of the European Investment Bank (EIB), a press release was issued by Counter Balance: a coalition of Both ENDS and European NGO's that monitor the EIB. As long as it's not clearly evident where the loaned money goes and no conditions are set for advancing the support of sustainable projects, the EIB is not ready for such an expansion according to the involved organisations.
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?
On 22 May European citizens will head to the polls to vote for the European Parliament. The outcome will have a major impact on the policies emanating from Brussels. These elections are not just about the choice for or against Europe, but about what kind of Europe we want. Trade and investment policy is an important part of the European project. Up till now however, this policy has not served people and planet. Curious which politicians will commit themselves to a fair and sustainable European trade and investment policy? Take a look at the list of candidates for the European Parliament who have signed the pledge of the Alternative Trade Mandate alliance.