The fossil elephant in the room
This report shows that the Dutch Export Credit Agency ADSB insured fossil fuel-related projects with a total insured value of € 10.8 billion in the period 2012-2018. This is more than 60% of its total insured value for that period and € 1.5 billion a year
on average. The policy incoherence thus created by the Dutch government nullifies the Dutch contributions to international climate ambitions.
The Dutch government indicates that it will end all financial support to coal projects and exploration and development of new oil and gas fields abroad from its foreign trade and development cooperation instruments as of 2020.
Unfortunately, this commitment is not applied to the export credit facility, which supports the by far largest volume of fossil fuel related business transactions abroad. By not applying the same principles to its public export credit support, the Dutch government undermines its own foreign climate ambitions.
This report calls upon the Dutch government to align the policies of its Export Credit Agency with the Paris climate goals. Furhtermore, it provides suggestions for possible ways to go about it.
More information:
The annex of the report in which the research methods are explained.
Read more about this subject
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Dossier /Paris Proof Export Support
Almost two-thirds of the export credit insurances that Atradius DSB provided in the 2012-2018 period went to the fossil energy sector. That is contrary to the climate agreements that the Netherlands signed in Paris.
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Dossier /Gas in Mozambique
In 2011 one of the world’s largest gas reserves was found in the coastal province of Cabo Delgado, in the north of Mozambique. A total of 35 billion dollars has been invested to extract the gas. Dozens of multinationals and financiers are involved in these rapid developments. It is very difficult for the people living in Cabo Delgado to exert influence on the plans and activities, while they experience the negative consequences. With the arrival of these companies, they are losing their land.
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Dossier /Export Credit Agencies: Who pays the price?
Both ENDS calls on the government only to provide export credit insurance to sustainable projects that cause no social and/or environmental damage in the countries where they take place.
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Press release / 2 december 2025End of Dutch involvement in controversial gas project in Mozambique in sight after TotalEnergies withdraws from Dutch insurance
THE HAGUE/CABO DELGADO, December 1, 2025 - Today, Minister of Finance Eelco Heinen announced that TotalEnergies is withdrawing from a $640 million Dutch export credit insurance policy for a controversial gas project in Mozambique. Although the Dutch government has been avoiding this decision for years, this move has finally ended part of the Dutch involvement in this disastrous project.
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Blog / 25 november 2025COP30 shows why dismantling ISDS is essential for real climate action
Standing in Belém during COP30, I felt the weight of the moment. We came to the Amazon hoping for decisive progress on phasing out fossil fuels, yet the final outcome fell far short of the ambition science and justice demand. The agreement brought welcome commitments on adaptation finance and global indicators, but it refused to confront the structural forces that make climate action so difficult.
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Dossier /Wetlands without Borders
With our Wetlands without Borders program, we work towards environmentally sustainable and socially responsible governance of the wetlands system of the La Plata Basin in South America.
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Environmentally Just Practice /Non-Timber Forest Products (NTFPs)
About one in every six people, particularly women, directly rely on forests for their lives and livelihoods, especially for food. This shows how important non-timber forest products (NTFPs) and forests are to ensure community resilience. Not only as a source of food, water and income, but also because of their cultural and spiritual meaning.
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News / 5 november 2025Another ISDS claim hits the Netherlands: Petrogas sues over solidarity contribution and royalty regulations
SOMO and Both ENDS strongly condemn the newly revealed investor-state dispute settlement (ISDS) case filed by Petrogas, an Omani oil and gas company operating two shallow-water gas fields in the Dutch North Sea, against the Netherlands under the Netherlands-Oman bilateral investment treaty (BIT).
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News / 5 november 2025Interview: Both ENDS at COP30 for Climate Justice and Systemic Change
Both ENDS is present at COP30 to advocate for genuine access to climate finance for locally led, gender-just climate solutions and the mechanisms that facilitate this, including those for farmer-led restoration. Furthermore, the organisation participates to ensure the crucial connection between the climate negotiations and the trade and investment frameworks that shape them.
Learn more about the Both ENDS team at COP30 below, and find all the activities and side-events in which Both ENDS will participate.
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News / 5 november 2025Overview of Both ENDS events at COP30 in Belem, Brazil
Both ENDS is present at COP30 to advocate for genuine access to climate finance for locally led, gender-just climate solutions, and for the mechanisms that make these possible, including those supporting farmer-led restoration. The organisation also engages to highlight the crucial connection between climate negotiations and the trade and investment frameworks that shape them.
Below is an overview of the Both ENDS team at COP30 and a detailed look at the activities and side-events in which Both ENDS will participate.
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News / 14 oktober 2025Communities regreening the Sahel: strengthening resilience from the ground up
How can communities in the Sahel strengthen their food systems in the face of climate change and other shocks? Through the ARFSA Programme, Both ENDS and its partners SPONG (Burkina Faso), CRESA/INRAN (Niger) and IED Afrique (Senegal) are working together to show that locally led landscape restoration works. -
News / 9 oktober 2025Both ENDS launches new strategy: “Connecting people for an environmentally just world”
With great pride, Both ENDS launches today it’s new strategy for the coming 5 years: “Connecting people for an environmentally just world”. This strategy was developed in close collaboration with our partner network, which has always been, and still is, the foundation of our work. Together, we strive for an environmentally just world in which people and ecosystems thrive and all people can live a life of dignity.
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Publication / 9 oktober 2025
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Dossier /International trade and investment with respect for people and planet
The network of international trade and investment treaties is large and complex. The Netherlands alone has signed more than 70 bilateral investment treaties (BITs) and is party to the trade and investment agreements concluded by the EU, like the EU-Mercosur and EU-Indonesia trade deals.
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Dossier /Amplifying environmentally just practices
Because of the close relationship with their living environment, local communities often have the best ideas for the sustainable and equitable use and governance of land, water and forests. These environmentally just practices and processes successfully protect and restore ecosystems and address climate change. They are essential in the light of the multiple crises the world faces, but are in dire need of financial and policy support.
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Publication / 2 oktober 2025
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News / 23 september 2025With the undemocratic splitting of the EU-Mercosur deal, Europe is missing the chance to lead on fair trade
Recently, many newspapers have written about Brussels’ rush to finalize the trade agreement between the EU and the South American Mercosur countries. According to the European Commission, national parliaments do not need to approve it because the trade part and the “political” part have been separated. This “splitting” means that the trade part can be approved as an EU-only decision by the European Council and the European Parliament, while national parliaments are sidelined and the political-cooperation part is postponed. Both ENDS and its partners are deeply concerned and are calling on the Dutch government to vote against this outdated agreement.
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Dossier /Soy: trade in deforestation
The rising demand for soy is having negative consequences for people and the environment in South America. Both ENDS reminds Dutch actors in the soy industry of their responsibilities and is working with partners on fair and sustainable alternatives.
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News / 9 september 2025Simplification Must Not Mean Weakening: Why the EUDR and other Environmental Legislation Must Stay Strong
Both ENDS warns that the current debate on “simplification” of EU environmental law must not become an excuse to weaken or postpone urgently needed safeguards. In earlier contributions to the drafting of the EU Deforestation Regulation (EUDR), Both ENDS relayed the voices of local and Indigenous forest-dependent peoples, who consistently urged the EU to take responsibility for the massive deforestation linked to European imports. They underlined how this deforestation destroys biodiversity, undermines climate stability, and erodes their rights, livelihoods and cultures.
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Dossier /Towards a socially and environmentally just energy transition
To address the climate crisis we need to urgently transition away from fossil fuels towards clean, renewable energy. However, this transition is not only about changing energy sources. It requires an inclusive and fair process that tackles systemic inequalities and demanding consumption patterns, prioritizes environmental and social justice, and which does not repeat mistakes from the past.
