Political Cafe: The Cold Fish
Friday 20 November 2009 - 17h30 - 19h30 - Het Nutshuis - The Hague.
A new global climate treaty, which aims to counteract further global warming, is set for December. The European Union is said to have great ambitions for this climate summit in Copenhagen. However EU member states, such as the Netherlands, annually invest billions of euros through the European Investment Bank (EIB) in environmentally unfriendly industries, like oil, gas and mining, in developing countries. How can the Netherlands achieve its sustainable goals and incorporate climate considerations into its investment decisions?
There are hardly any funds available to developing countries, which prevent them from adequately responding to the current impacts of climate change. Added to that, the fact that environmentally unfriendly investments in large dams and energy guzzling industries can still count on the support of the EIB, means that one can only conclude that the EU climate policy contains contradictions. How can the EU ensure a more climate proof and coherent policy, and what role can the Netherlands play?
At first glance a dam in Uganda and a paper mill in Brazil don't seem to have much in common. Nevertheless, both projects are financed by the EIB and both projects have a significant impact on the environment of the local population. Both ENDS and foundation lokaalmondiaal caught some of these adverse effects on film (which will be shown at the political cafe). The Bujagali dam in Uganda, for which the EIB awarded a Euro 92 million loan, contributed to lower water levels in Lake Victoria, partly as a result of climate change. Part of the local population was forced to leave their land and saw their means of income evaporate. In Brazil, people also had to give up their farmland to make way for the arrival of a paper mill and a related Eucalyptus plantation.
Large scale investment projects sometimes make the local population extra vulnerable to climate change. Member states, such as the Netherlands, annually invest billions of euros in environmentally unfriendly industries such as oil, gas, mining, large dams and transport. In order to play a more constructive role in the reduction of climate change, the policies of European institutions such as the EIB should be consistent with climate policy. The Netherlands and the European Union should realize a climate proof investment plan in developing countries. How can the Netherlands achieve its sustainable goals and incorporate climate considerations into its investment decisions? We'll be debating all this and more.
- Thijs Berman, EU Parlementarian Dutch Labour Party (PvdA)
- Renato Cunha, GAMBA (Grupo Grupo Ambientalista da Bahia), Brazil
- Frank Muramuzi, NAPE (National Association of Professional Environmentalists), Uganda
- Bruce Rich, consultant and author of 'Foreclosing the Future - Coal, Climate
and Public international Finance' (2009)
- An EIB representative
Moderator: Farid Tabarki (Cool Politics)
Date: Friday 20 november 2009
Time: 17h30 - 19h30
Location: Het Nutshuis, Riviervismarkt 5, The Hague NL (for directions, www.nutshuis.nl)
Please join us for a drink afterwards.
For further questions, please contact: Leontien Aarnoudse.
Read more about this subject
News / 9 December 2019
At the end of November, the organisations WALHI South Sulawesi (part of Friends of the Earth) and Both ENDS filed a formal complaint with the Dutch export credit agency Atradius DSB. Despite the warnings from local communities for the negative consequences of a land reclamation project in the bay of Makassar, Atradius DSB advised the Dutch government to provide dredging company Boskalis with insurance for the execution of the project. The consequences for the fish stock, the beach and the lives of thousands of small-scale fishermen and their families are severe. Atradius DSB has not sufficiently investigated these harmful consequences beforehand.
Event / 4 December 2019, 15:00 - 16:30
On Wednesday December 4th 2019 Both ENDS together with Heinrich Böll Stiftung from he US organises a side event at the UNFCCC COP in Madrid: Can the GCF Catalyze Inclusive, Gender-Responsive Local Climate Action Globally and in Latin America?
News / 26 November 2019
No fewer than 55 NGO's, foundations and associations, many of whom do not normally deal primarily with climate change, express their concern about the dangers of climate change for everyone and everything in the statement 'The climate belongs to everyone'.
They call for urgent action and support the international Climate Strike taking place this Friday, November 29. In cities all over the world, young and old will take to the streets again. In the Netherlands too, climate strikes will be organised in many cities.
News / 18 November 2019
Good news for the climate: last week, the European Investment Bank (EIB) decided to stop investing in fossil fuels by 2021. This is part of its new energy strategy.
Press release / 18 November 2019
The Netherlands provides export credit insurances and guarantees worth 1.5 billion euros annually to Dutch companies active in the oil and gas sector abroad. This support amounts to one and a half times the annual amount that the Cabinet of Prime Minister Rutte mobilises for climate initiatives worldwide. The intended effects of Dutch international climate policy are more than offset by this fossil export support. That is the conclusion of a new report from Both ENDS which is published today.
Publication / 17 November 2019
Publication / 8 November 2019
Video / 8 November 2019
The Athi River Community Network is made up of communities who live along the Athi River watershed. Members of the Athi River Community Network promised to join forces with the Friends of Ondiri Wetland to ensure that this critical wetland is restored and conserved for the sake of current and future generations.
News / 8 November 2019
On Thursday November 7th, a group of European NGO's including Both ENDS, sent a letter to Vice-President of the EU Frans Timmermans, in which they ask him to support the phase out of European Investment Bank’s fossil fuel financing by the end of 2020.
News / 5 November 2019
After a complaint filed by women's groups from Ixquisis, Guatemala, the Interamerican Development Bank (IDB) has started an investigation on several policy violations, amongst which the Gender Equality policy. This is a unique chance to create a precedent, because complaints on the IDB's gender policy are very rare. The women from Ixquisis are fighting for their rights with support of the Global Alliance for Green and Gender Action (GAGGA).
News / 31 October 2019
Earlier this month, we learned that Golfrid Siregar, an Indonesian environmental lawyer working for our partner organisation WALHI died under suspicious circumstances. We call for a thorough and transparent investigation and have brought the case to the attention of the Indonesian embassy in The Hague and to the Netherlands' embassy in Jakarta.
Press release / 24 October 2019
Press release 24 October 2019
Starting today, investors can use five criteria to test whether companies in the fossil sector are actively working on phasing out their fossil activities. Too many investors still seem hesitant to switch to a profitable future of sustainable energy and these criteria should help them do this. The organisations DivestInvest Network, Sustainable Energy (Denmark) and Both ENDS (the Netherlands) publish the report "Managed Decline of Fossil Fuel Businesses" today, which describes these five criteria. The criteria aim to help investors choose investments that are in line with the Paris goal "stay below 1.5 degrees Celsius warming." The recommendations are presented at the World Pension Summit deliberately, because pension fund investors in particular can take more responsibility in this.
Publication / 24 October 2019
News / 11 October 2019
In Indonesia, US-based mining companies succeeded to roll back new laws that were meant to boost the country’s economic development and protect its forests. This is the level of impact that investment treaties can have on social, environmental and economic development and rights. Why? Because of the ‘Investor-to-State Dispute Settlement’ (ISDS) clauses that are included in many such treaties.
News / 11 October 2019
Indigenous communities in Paraguay saw their attempts to regain their ancestral lands thwarted by German investors. This is the level of impact that investment treaties can have on social, environmental and economic development and rights. Why? Because of the ‘Investor-to-State Dispute Settlement’ (ISDS) clauses that are included in many such treaties.
Indigenous communities in Paraguay saw their attempts to regain their ancestral lands thwarted by German investors. In Indonesia, US-based mining companies succeeded to roll back new laws that were meant to boost the country’s economic development and protect its forests. This is the level of impact that investment treaties can have on social, environmental and economic development and rights. Why? Because of the ‘Investor-to-State Dispute Settlement’ clauses that are included in many such treaties.
Publication / 4 October 2019
Event / 27 September 2019, 13:00
On Friday 27 September, Both ENDS joins the Dutch Climate Strike and the march in The Hague.
This way we let our government know that there is no more time to waste and that it must take significant action in all policy areas to stop climate change.
More information on the Dutch Climate Strike can be found on https://klimaatstaking.nl/english/
News / 25 September 2019
52 charity organisations, community groups, foundations and NGOs, many of whom are not primarily concerned with climate change, have come together to express their concern about the dangers of climate change for everyone and everything in a joint declaration. They call for urgent action and support the Climate Strike this Friday 27 September in The Hague.
Press release / 23 September 2019
Amsterdam, 23 September 2019 - The world's 5th largest pension fund, with assets of over €430 billion, Dutch ABP is continuing to invest in companies that are on a collision course with the Paris climate goals, such as coal and oil companies.