In search of the money tree: discussion paper on multilateral banks’ climate finance for agroforestry

In October 2025 I travelled to Kiad, the Indigenous Ngäbe community that led the struggle against the FMO-financed Barro Blanco dam, for one last time. I went there to say my goodbyes, both personally and on behalf of Both ENDS, and to catch a first glimpse on how a community program financed by FMO and DEG – the result of a dialogue process that took several years – is giving a new impulse to the dam-affected communities. But how did  we get here?

Local communities in the southwestern coastal region of Bangladesh—together with an international consortium including Uttaran, CEGIS, and Both ENDS—have presented a community-led plan to confront climate change and accelerating sea-level rise through nature-based adaptation. The People’s Plan for Upscaling Ecosystem-Based Adaptation outlines a scalable strategy rooted in local ownership and generations of lived experience. At its centre is Community-Based Tidal River Management (CBTRM), a proven approach that reduces waterlogging, raises land elevation, and restores ecological balance by working with natural tidal and sediment dynamics.

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.

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.

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.

The updated complaint mechanism of the development banks FMO, DEG, and Proparco marks an important step forward. Organizations that participated in the consultation acknowledge the efforts to improve the mechanism. At the same time, they emphasize that much still needs to be done to make the policy truly effective, transparent, and independent.

Last week, GAGGA, the Global Alliance for Green and Gender Action, with Both ENDS as one of the Alliance members, together with FCAM and Mama Cash, organised its Global Meeting in Indonesia. The goal of this meeting was to recognise, celebrate and look ahead at cross-movement and cross-regional connections, to strengthen the collective power of gender, climate and environmental justice movements.

Both ENDS and SOMO welcome the signing of the agreement of understanding between four Indigenous Ngäbe communities in Panama and the European development banks FMO and DEG on June 17th 2025. The arrangement includes a community development program that, together with a public statement issued by the banks, aims to recognize and mitigate some of the negative impacts caused by the Barro Blanco hydropower dam. We wish to congratulate the community-based organisation Movimiento 10 de Abril (M10) for its perseverance to seek justice for the affected communities, and we acknowledge the commitment of FMO and DEG to pursue a solution to their long-standing dispute with the communities arising from their partial financing of the hydropower project since 2011.