Remember the widespread protests against trade agreements TTIP and CETA? One of the main worries was the Investor-State Dispute Settlement (ISDS) mechanism these treaties contain. Now the European Commission has proposed to set up a Multilateral Investment Court. Is that good news?
Last June, Both ENDS published a report which showed clearly that, through export credit insurance provider Atradius Dutch State Business (ADSB), the Netherlands is supporting the fossil fuel sector on a large scale. Between 2012 and 2015, ADSB provided billions of euros in insurance and guarantees, on behalf of the State of the Netherlands, to fossil-related export projects. This support is completely out of line with the Paris Climate Agreement. On 20 June, members of parliament Lammert van Raan (PvdD) and Sandra Beckerman (SP) submitted questions to the State Secretaries for Finance and for Infrastructure and the Environment.
A report published yesterday by Amnesty Central America shows that the plans for a new canal leads to numerous violations of human rights in Nicaragua. And that's even before the works have started. Many organisations therefore protest against the canal, supported by Both ENDS.
Both ENDS and SOMO welcome the announcement done today by the Dutch and Finnish development banks, FMO and FinnFund, to exit the controversial Agua Zarca hydroelectric project in Honduras. Conflict about the project has led to violence in the region, including the murder of three leaders who opposed the project. In March 2016, renowned human rights defender Berta Caceres was murdered for opposing this project in indigenous Lenca territory.
In 2005, a palm oil company approached the villagers of Kiungkang in West-Kalimantan, Indonesia, with offers to convert their farms to oil palm smallholdings. Many farmers agreed to the proposal because of the high monthly incomes promised by the company that they could earn from the oil palms. Unfortunately, the palm oil dream turned out to be an illusion.
On June 5th, World Environment Day, community members at the southern coast of Guatemala protested against the rapid spread of large-scale palm oil, sugar cane and banana plantations in their region. Utz Che', our local partner organisation, joined the march.
The Dutch pension fund, ABP, invested about two billion euros more in the fossil energy industry at the end of 2016 than the year before. This is announced by the report "Dirty & Dangerous: the fossil fuel investments of Dutch pension fund ABP," published today by Both ENDS, German urgewald and Fossielvrij NL. The report criticizes these investments because of the impact on the climate and the catastrophic consequences for the people in the areas where coal, oil and gas are being produced.
A year ago, the Senegalese NGO Takkom Jerry filed a complaint with the African Development Bank (AfDB) and the Dutch Development Bank FMO, with support from Both ENDS. These banks finance the Sendou coal power station, right next to the fishing village of Bargny. The AfDB has now recognized the complaint. FMO is already processing the complaint and will publish an official response shortly.
21 April 2017: Jakarta is sinking. Excessive groundwater extraction is causing the metropolis to sink by dozens of centimetres each year, making it more vulnerable to flooding. Dutch businesses have come up with a solution: an immense sea wall on the coast, which is also a stunning real estate project. But this intervention is just a pseudo-solution, say researchers from Both ENDS, Stichting Onderzoek Multinationale Ondernemingen (SOMO) and the Transnational Institute (TNI) today in a new report. Even worse, the project threatens the livelihoods of tens of thousands of people employed in local fisheries.
The closing of the Barro Blanco dam last year caused not only material but also cultural damage in the affected Ngäbe-Buglé communities in Panama. So far, funder FMO is not taking responsibility for the human rights abuses caused by the project. So, what now?