On October 13th 2022, FMO published the final version of its Position Statement on Impact and ESG for Financial Intermediaries (FI statement). As civil society groups which have engaged with FMO on this topic for more than four years, we are extremely disappointed with the result. In the statement, FMO does not show sufficient commitment to ensuring its investments into financial intermediaries – which represent the bank's largest investment sector* – do not violate human rights or contribute to environmental harms.
After a busy week filled with side-events, meetings, negotiations and covid, our colleagues Daan and Niels are back in the office in Utrecht. Together, they look back to their expereiences and results during the climate conference COP27 in Egypt.
At this year's UN Climate Conference COP27, Bhavya George, Climate Change coordinator of our partner organisation Keystone Foundation won one of the Gender Just Climate Solutions awards. Her project "Women Barefoot Ecologists", which also is supported by the Global Alliance for Green and Gender Action (GAGGA), won in the category "Transformational Solutions".
UNFCCC COP side event
Food systems account for 33% of GHG emissions, but receive only 3% of climate finance. Climate finance is urgently needed to fund the food systems solutions that can have real impacts and wide-ranging benefits in a diversity of contexts. How do we improve on current funding pathways?
Join this UNFCCC side event to find out more!
UNFCCC-COP side event
In this session hosted by NTFP-EP and the Global Alliance for Green and Gender Action (GAGGA), we will discuss the crucial steps to be taken to make gender-just climate finance a reality.
In October 2022, 150 women from 14 African Countries gathered in Port Harcourt, Nigeria for the first African Women's Climate Assembly. The aim of this Assembly was to strengthen and unify women-led struggles against dirty extractives and false solutions to the climate crisis in West and Central Africa, and propose the real development solutions that support women's interests in a good and decent life and livelihoods in a time of climate crisis.