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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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News / 21 juli 2020Is the Netherlands insuring a controversial gas extraction project in Mozambique?
At the end of last week, oil and gas company Total announced that, through its export credit insurer Atradius DSB, the Dutch government is participating in a funding package for a controversial gas extraction project in Mozambique. The project, in which various Dutch and foreign companies are involved, is having a deep impact on the local population and the natural environment in the area. Which Dutch companies the government will be insuring is not yet clear.
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Event / 4 november 2021, 16:45 - 18:00UNFCCC COP 26 side event ‘Aligning export finance with the Paris Agreement: high time to phase out fossil fuels’
Many countries heavily support fossil fuel investments abroad through their export credit agency (ECA). This contributes to carbon lock- in, whereby companies or even countries commit themselves to a certain amount of greenhouse gas emissions for the lifetime of the infrastructure — oftentimes years or even decades. This seriously delays the transition to renewable energy sources, and is certainly not in line with Art. 2.1c of the Paris Agreement.
Highlighting the impacts caused by export finance in the global South, this side event will provide concrete recommendations to decarbonize export credit agencies.
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News / 15 april 2021New initiative to phase out export support for fossil fuels lacks ambition
On Wednesday, April 14, seven countries, including the Netherlands, launched an initiative called Export Finance for Future (E3F), in which they set a number of ambitions with regard to phasing out export support for the fossil sector. Many NGOs worldwide, including Both ENDS in the Netherlands, have been calling for such an initiative in recent years and we are therefore pleased with this step. However, to achieve results and contribute to the Paris climate goals, countries will have to commit to much more ambitious goals than those now set. Concerned civil society organizations, including Both ENDS, therefore prepared a statement detailing the weaknesses they felt in the policy proposed by E3F, supplemented with recommendations for improvements.
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External link / 17 november 2021Stop export support for fossil fuel project in Mozambique
Julio Bichehe Erneste of Farmers Union Cabo Delgado Mozambique (UPC) on a side event of COP26 in Glasgow, speaking about the negative impacts of export support for fossil fuel projects for local people and their enrironment, and about the need to support renewable energy projects instead.
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External link / 29 mei 2019Export credit agencies’ role in development finance (Annual Report 2018)
Export credit agencies (ECAs) play a central role within the complicated web of global development finance. In 2018, Both ENDS invested in strengthening cooperation among organisations working on ECAs, building a strategic global collaboration to stop ECAs' support of fossil fuels and improve their environment and human rights record.
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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 / 3 november 2022The Netherlands breaks major climate promise to end public financing for international fossil fuel projects
Today, a week before the international climate summit in Egypt, the Dutch Government has broken a major climate promise it made last year to end public financing for international fossil fuel projects. International and Dutch NGOs argue that the new policy published by the Dutch Government on restricting finance for fossil fuels has such significant loopholes, that it essentially means The Netherlands has reneged on its promise.
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News / 8 november 2021The Netherlands will stop export support for fossil fuel projects, after all
Today, the Netherlands announced that it will join a leading group of countries, including the United States, Canada and Italy, which declared that they would stop international support for fossil energy projects. At the day of the launch of the declaration at the climate summit in Glasgow on the 4th of November, the Netherlands had no intention of joining, but because of pressure from civil society and political parties, the responsible ministries decided to sign after all. Both ENDS, together with organizations at home and abroad, has been pushing for this for years, and we are very happy with this step. We will of course continue to monitor developments.
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News / 18 maart 2025Abuses surrounding TotalEnergies‘ LNG project in Mozambique are piling up; Dutch support irresponsible
On Friday 14 March, the French Public Prosecutor's Office announced that it would launch an official investigation into TotalEnergies’ involvement in involuntary manslaughter during the attacks on Palma, the location of their LNG project. This umpteenth abuse makes it clear that the Netherlands cannot in any way provide public support for this project.
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Press release / 19 mei 2022122 CSOs warn signatory countries they have only six months left to meet COP26 commitment to end international public finance for all fossil fuels
Today, 122 civil society groups are releasing letters to eleven government signatories to the Glasgow Statement on International Public Support for the Clean Energy Transition, laying out the actions they must take as soon as possible to meet their commitment. In this joint statement at COP26, 35 countries and 5 public finance institutions committed to end their international public finance for 'unabated' fossil fuels by the end of 2022, and instead prioritise their "support fully towards the clean energy transition."
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News / 20 februari 2023Almost 60 organisations send a letter about fossil export support to Dutch Parliament
Today, a letter, undersigned by almost 60 organisations from countries that face the consequences of fossil fuel projects or stand in solidarity, has been sent to the Dutch Members of Parliament. This Thursday, a debate about the export credit facility and the policies around it, will take place in the Dutch Parliament. The coalition calls upon Dutch politicians and policy makers to stand up against any form of export support for fossil fuel projects that are to be executed by Dutch companies abroad, expecially in the global South.
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Publication / 11 november 2020
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External link / 24 augustus 2022A breakthrough in finance, a break with fossil fuels (Annual Report 2021)
Both ENDS works with partners worldwide to amplify the voices of communities that are experiencing first-hand the devastating social and environmental impacts of unsustainable financial policies and practices – from climate change to pollution to forced displacement. For more than two decades, we have worked to draw attention to an obscure, yet hugely influential type of financial institution: export credit agencies (ECAs).
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Letter / 20 februari 2023
Letter of international CSO's to Dutch Parliament: close gaps in Dutch policy on limiting public finance to fossil fuels
In October 2022, the Dutch government published a policy to implement the COP26 statement in which it promised to stop public finance for fossil fuel projects abroad by the end of 2022 . The proposed policy, unfortunately, has quite some 'loopholes' that make it possible for the Dutch government to keep supporting large fossil projects abroad for at least another year. These projects often run for years and will have a negative impact on the countries where they take place for decades to come.
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News / 4 mei 2021Is the Netherlands’ export credit insurance support for fossil projects legal?
Today, two independent experts brought out a legal opinion on the obligations of countries and their export credit agencies under international law in relation to export support for fossil fuels. According to the report, emissions by fossil fuels and the related infrastructure need to be reduced urgently.
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Press release / 11 oktober 2021Governments worsen climate crisis with USD billions in export finance
New website shines a light on the extent of export credit agencies' support for fossil fuels
Each year governments provide tens of billions of dollars in financial support to fossil fuel projects via export credit agencies (ECAs). Today, 18 civil society groups from 14 countries are launching a new website to shine a spotlight on how ECAs are undermining global climate goals. In advance of the November UN climate conference, the organisations are calling on governments around the world to end public financial support for coal, oil and gas projects, including support from ECAs. Ending this support and redirecting financial resources to sustainable alternatives is essential for a just energy transition.
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News / 15 oktober 2021German research confirms: Dutch Export Credit Agency is not Paris Proof
The Dutch export credit agency Atradius DSB is not aligned with the Paris Climate Agreement; on behalf of the Dutch State, it continues to strongly support investments in fossil fuels. This is the conclusion of a report by German research agency Perspectives Climate Research (PCR), in which the export credit agencies of the Netherlands and Japan are measured in terms of their climate ambitions and alignment with the Paris Agreement.
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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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Letter / 4 mei 2023
Letter from NGOs to Dutch export credit agency: CSR policy must be strengthened
The Dutch government, through its export credit agency Atradius DSB (ADSB), provides export support to companies that undertake activities abroad. The state wants projects it insures to have no negative consequences for people and the environment and therefore sets requirements for corporate social responsibility (CSR). A consultation on CSR policy ran until the end of April, to which a coalition of thirteen social organisations from the Netherlands and abroad, including Both ENDS and Milieudefensie (Friends of the Earth the Netherlands), responded.
