Press release Both ENDS and SOMO: construction of Barro Blanco dam finally suspended
Following years of community protest the construction of the Barro Blanco dam in Panama is finally suspended. This was publicly announced by Panama’s Environmental Agency ANAM yesterday. The suspension of the project has been a request of the Ngöbe community, represented by the Movimiento 10 de Abril (M-10), for years. The dam is projected to flood homes, schools, and religious, archaeological, and cultural sites in the indigenous traditional territory, and convert the Tabasará River from a running river to a stagnant lake ecosystem. The suspension of the project is just in time, as the dam’s construction is near to completion,
Better late than never
The M-10 is satisfied that steps are finally taken to address their concerns. “We have been intimidated and some of our members were even sued in the court, but we have always persisted in claiming our right to be consulted on projects in our territory” said Manolo Miranda, representing the M-10. Both ENDS is pleased with this decisio, as we have been closely involved in this case for years. We support M10 in several ways, and we have been showing one of the major investors in the project, the Dutch development bank FMO, its responsibilities. This bank must adhere to its own, but also to international social and environmental regulations, and has not done so in this case. Together with the Dutch organization SOMO we therefore M10 in 2014 helped to file a complaint with the FMO. The handling of this complaint will certainly be influenced by current trends.
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14 Feb. 2014: Filing a complaint with the FMO?
Facebook page M-10
Website 'Human Rights and Grievance Mechanisms'
Read more about this subject
The Barro Blanco dam project in Panama, which has Dutch financial support, is causing indigenous lands to disappear under water. Both ENDS is working to protect the rights of indigenous communities living near the dam.
News / 23 December 2021
2022 is the year for FMO to make good on its promises and provide financial support only to sustainable development
2021 was a turbulent year for Dutch development bank FMO, to say the least. The bank has been under fire for many years for investments linked to human rights violations and suspected corruption. But in the past year, the Dutch press and media have reported on one new development after the other in ongoing cases involving FMO. Below we give a short summary of these cases and call on FMO to make the promised improvements in 2022.
News / 8 November 2021
Both ENDS and SOMO condemn violence against Indigenous community near the Barro Blanco dam in Panama
Members of the Indigenous Ngäbe Buglé people were brutally attacked by Panamanian police on Friday 29 October 2021 from a parcel of private land near the FMO-financed Barro Blanco hydroelectric dam. The victims, all members of the anti-dam movement M22, had peacefully occupied the land after their protest camp got dismantled in July this year.
Publication / 2 November 2021
News / 27 July 2021
In April 2021, the Dutch development bank FMO announced that it is no longer involved in the Barro Blanco project, a controversial dam in Panama. GENISA, the Panamanian company that built the dam, unexpectedly paid off the multi-million dollar loan early. The question is to what extent, now that the bank is no longer actively financing the project, FMO can still be held responsible for the damage and suffering that was caused when this was still the case.
News / 23 July 2021
The million-dollar loan that the Dutch development bank FMO provided to project developers of Honduran company DESA for the construction of the controversial Agua Zarca dam project in Honduras, may be related to gross corruption and malpractice. This is concluded in an article published today in the Dutch news paper Financieel Dagblad, based on information provided by COPINH, the indigenous organisation that has been opposing the construction of the dam for years. Several members of the organisation, including its leader Berta Cáceres, were murdered. DESA director David Castillo has recently been convicted of being involved in the assassination of Cáceres in 2016.
News / 4 June 2021
FMO's new position statement on fossil fuel investments commits to ending new direct finance in the downstream and midstream coal and oil sectors, whilst still allowing for investments in gas-fired electricity generation under exceptional circumstances only. Both ENDS welcomes this development as a step in the right direction.
Publication / 22 April 2021
News / 2 March 2021
Today it is 5 years ago that Berta Cáceres was shot in haar home in La Esperanza, Honduras, for defending the rights of indigenous people. The leader of indigenous organisation COPINH resisted the Agua-Zarca hydropower dam that was planned to be build in indigenous territory. The actual murderers have been convicted, but not so the intellectual authors of the murders.
Press release / 10 February 2021
The Dutch development bank FMO is not sufficiently transparent about the projects it finances and is therefore acting contrary to its mandate. This is evident from a new report published by the International Accountability Project (IAP) and the Foundation for the Development of Sustainable Policies (FUNDEPS), endorsed by 28 organizations including Both ENDS, SOMO, and Oxfam Novib. The research assesses FMO's disclosure and access to information practices for investments proposed between January 1, 2019, and May 31, 2020. Only in 25% of the cases was it disclosed what potential negative consequences an investment by FMO would have for people and the environment.
Publication / 31 December 2020
Publication / 26 November 2020
Event / 16 November 2020, 18:30 - 19:30
The Netherlands is a major business partner to Brazil and has not been deterred by the record of human rights' abuses by Bolsonaro's government, nor by the coup d'Etat against the president Dilma Rousseff in 2016. How do the Dutch economic ties with the Brazilian political and corporate elites affect the Brazilian population, in particular indigenous peoples, nature and the global climate?
Publication / 11 November 2020
News / 10 November 2020
The Dutch development bank FMO has published a statement about fossil fuels to take steps in climate action. Both ENDS and partners are pleased that FMO is finally taking a stand regarding fossil fuels, but in our opinion it could be more ambitious. In order to really contribute to sustainability and equality, it is essential that development banks stop investing in harmful fossil projects.
Letter / 9 November 2020
Both ENDS and partners gave their input on FMO's public consultation on Climate Action Commitments and Fossil Fuel Statement. Both ENDS and partners are pleased that FMO is finally taking a stand regarding fossil fuels, but in our opinion it could be more ambitious.
News / 10 July 2020
Dutch development bank FMO is considering investing in the controversial Ficohsa bank in Honduras. The bank has close ties with the elite in Honduras, which holds considerable power in politics, the (para)military and the business community. Last Wednesday, a number of Honduran organisations, including the indigenous organisation COPINH – whose leader Berta Cáceres was murdered in 2016 – sent a letter to the FMO management. The letter, signed by forty organisations including Both ENDS, calls on FMO not to do business with this bank.
Letter / 7 July 2020
A number of Honduran organisations sent a letter to the FMO management to call on FMO not to do business with Honduran bank FICOHSA. The bank has close ties with the elite in Honduras, which holds considerable power in politics, the (para)military and the business community.
Publication / 19 June 2020
News / 16 December 2019
Earlier this month, the seven men found guilty of the murder of Berta Cáceres were sentenced to jail for periods between 30 and 50 years. The court confirmed its opinion that Berta Cáceres was murdered for her role in defending the rights of the indigenous Lenca communities.