Citizens' Guide to the European Investment Bank

In these past months, the world has been rocked by a new major threat, in addition to climate change: the rapidly spreading COVID-19 virus. Large efforts are being made in many places to deal with this crisis and, understandably, the concerns about the climate have, faded somewhat into the background. We don't know what the future holds or when the COVID-19 crisis will be behind us, but unfortunately it is certain that global climate change has not stopped by then. This is why, even though so many urgent matters have to be dealt with, we continue to support global climate action.

This Friday April 3rd, global online climate actions will take place. We call on everyone to join and share these actions. 

In many places in Latin America, access to clean water is under great pressure from overuse and pollution, often caused by large-scale agriculture or mining. This has significant impact, especially on women. In March, with International Women's Day on March 8 and World Water Day on March 22, they make themselves heard and claim their right to water.

In order to slow down and prevent the spread of the coronavirus as much as possible, Both ENDS has decided that from now on all employees will work from home. We want to take our responsibility and aim to prevent further burden on the healthcare sector. All activities we normally undertake from the office will be carried out from home in the coming weeks. Our virtual office remains open and we are accessible through the usual channels: email, (mobile) telephone and social media.

SEATINI Uganda is engaging women working in the palm oil sector in a campaign to improve their work situation. Around International Women's Day, March 8, they are organizing various actions to gain awareness for the situation and the rights of these women workers.

In Indonesia, with its many islands and long coastline, for many communities fishing is an important livelihood strategy for many, both men and women. However, officially the women are often not counted as fisherfolk. And this is not a minor detail. It makes that their interests are being neglected. Both ENDS' partner Solidaritas Perempuan works with these women to amplify their voices.

Civil society organisations from around the world condemn the statements by representatives of palm oil companies during a meeting with the Malaysian government. In this meeting, the company representatives called critical NGOs "toxic entities" and asked the Malaysian government to not let these NGOs into the country. Both ENDS' partners have published a reaction in which they defend their right "to expose the realities we face in their communities about the impacts of the palm oil sector".

Over 70 organisations worldwide have signed an open letter to call upon the Dutch government to vote against CETA - the 'Comprehensive Economic and Trade Agreement'between Canada and the EU this week. They have serious concerns about the negative global social and environmental impacts of the CETA trade deal and similar upcoming European Union's trade agreements.

Amsterdam, 3 February 2020 - A step forward, but oil and gas remain a blind spot in Dutch pension fund ABP's new investment policy published today. That's what environmental organisations Both ENDS, Fossielvrij NL, Greenpeace Netherlands and urgewald say in response to the new climate policy of the EU's largest pension fund, with assets over 442 billion euros. Although ABP is taking first steps to invest sustainably, more is needed to stop the climate crisis.

The world has to stop using fossil fuels, but investment in the sector continues unabated. Investors of all kinds, including banks, insurance companies and pension funds, are hesitant about making the change to sustainable energy and are not sure where to start. In the autumn of 2019, together with the DivestInvest Network and Sustainable Energy (Denmark), Both ENDS published a report entitled ‘Managed Decline of Fossil Fuel Businesses’. The report describes five criteria to test whether companies in the fossil sector are actively taking steps to wind down their fossil activities. The criteria are helping investors to choose investments that are in line with the Paris goal of restricting global warming to a maximum of 1.5 degrees Celsius. We spoke to Lars Jensen, Senior Analyst at Sustainable Energy and lead author of the report.

Photo Blog - Like many communities in Indonesia, life in Semanga Village, West Kalimantan, revolves around a river. The 90 or so houses follow the curving bank of the Sambas River, each with a path down to a small pontoon where fishing traps and baskets are stacked and boats are tied.

We have already defined our own Green New Years resolutions!

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.

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.

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.

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.

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.