Dutch export credit agency Atradius DSB announced yesterday that it is to provide export credit insurance worth 1,5 billion euros to Dutch dredging company Boskalis for a controversial land reclamation project in the Philippines. According to Dutch and international organisations, including Both ENDS, CARE Netherlands, IUCN NL, Kalikasan PNE and Oceana Philippines, the award of export credit insurance for this project runs contrary to the Netherlands' ambitions in the areas of environment and corporate social responsibility (CSR).
Both ENDS and 95 other organisations* today sent a letter to State Secretary for Finance Marnix van Rij and Minister for Foreign Trade and Development Cooperation Liesje Schreinemacher calling on them to implement the Glasgow Declaration in full. In this agreement, which the Netherlands and 33 other countries signed at the Glasgow climate conference, the signatory countries pledge to stop all public funding for fossil projects by the end of 2022.
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."
Join us for an open space for a reflection and exchange on a new dataset, developed by WRI, to monitor regreening efforts, and its applications in the Sahel.
In the drylands of Africa, land degradation threatens the livelihoods of millions of people. Fortunately, there are promising initiatives emerging all over the continent that are turning the tide. Throughout the Sahel, for example, vast tracts of land along the Great Green Wall have been restored by local communities. They have nurtured the plants that spontaneously spring from the soil, protecting young sprouts from cattle and other hazards.
Join our dialogue on how to set up more and better financial mechanisms that can support agroecological initiatives of local communities living in drylands.
The land degradation neutrality (LDN) response hierarchy of Avoid > Reduce > Reverse land degradation is an overarching principle for LDN implementation, which guides people in planning interventions to achieve LDN. The hierarchy articulates which interventions should be prioritised based on their potential to maximise the conservation of land-based natural capital, recognising that avoiding or reducing land degradation is generally more cost-effective than efforts to reverse past degradation. As value for money is highest in the Avoiding and in Reducing Land Degradation response, a smart way to spend money is to support sustainable land management approaches like agroecology that work with nature, not against it.
Join our event, providing space for an interactive discussion among COP15 participants on multi-actor collaboration and the financing of community-based restoration
This letter by Both ENDS to the African Development Bank is a comment written in reaction to a draft version published by the Bank of its Environmental and Social Policy as part of a formal public consultation held by the Bank. This comment was sent to the bank along a joint submission letter with other CSOs, and specifically responds to the overarching Policy.
The bank's flexible requirements for clients and national standards for risky projects dilute safeguards. Project approval should be predicated on specific and binding targets for compliance and reflect input from communities involved.
Together with 29 other CSO's, we've submitted our comments and recommendations in the Public Consultation on the AfDB Integrated Safeguards System. These include that the Bank should prioritize community-led development and human rights-based approaches; protect natural resources and tackles environmental and climate crises; raise the bar on access to information, transparency and accountability; facilitate participatory processes in policies, programmes and projects; and end inequality, poverty, and the cutback and privatization of vital services.