The world has to stop using fossil fuels, but investment in the sector continues unabated. Investors of all kinds, including banks, insurance companies and pension funds, are hesitant about making the change to sustainable energy and are not sure where to start. In the autumn of 2019, together with the DivestInvest Network and Sustainable Energy (Denmark), Both ENDS published a report entitled ‘Managed Decline of Fossil Fuel Businesses’. The report describes five criteria to test whether companies in the fossil sector are actively taking steps to wind down their fossil activities. The criteria are helping investors to choose investments that are in line with the Paris goal of restricting global warming to a maximum of 1.5 degrees Celsius. We spoke to Lars Jensen, Senior Analyst at Sustainable Energy and lead author of the report.
By Daniëlle Hirsch and Maria van der Heijden
The social debate on the Netherlands' role in the global economic crisis is now in full swing. At the centre of the debate is the question: how can we compensate for the setbacks affecting the Dutch economy without losing sight of efforts to make international trade and production chains more sustainable? We – Both ENDS and MVO Nederland (CSR Netherlands) – are particularly concerned about what we hear in these discussions about human rights, climate and the environment. That these are 'luxury problems' which we have no time to address at this time of crisis. And this, while the Corona crisis is showing us just how closely our current economy is irrevocably intertwined with the pollution of the planet and is making people all around the world more and more vulnerable. In short, we have to make our economy more resilient to such shocks. And that means committing ourselves to achieving the Sustainable Development Goals (SDGs) and the goals of the Paris climate agreement. We therefore address ourselves first and foremost to the government.
At Both ENDS we cherish our long-term relationships with partners in our global network. These relationships are based on equality and built on trust. The trust we have in each other has developed from years of strategic cooperation, including joint advocacy around common agendas, knowledge sharing, networking, and mobilising and sharing resources to advance environmental justice.
On 22 May European citizens will head to the polls to vote for the European Parliament. The outcome will have a major impact on the policies emanating from Brussels. These elections are not just about the choice for or against Europe, but about what kind of Europe we want. Trade and investment policy is an important part of the European project. Up till now however, this policy has not served people and planet. Curious which politicians will commit themselves to a fair and sustainable European trade and investment policy? Take a look at the list of candidates for the European Parliament who have signed the pledge of the Alternative Trade Mandate alliance.
In the heart of Liberia, the Western Region Women Network Association (WERWONA) is scripting a story of resilience, advocacy, and transformation. This journey began in September 2022 when WERWONA, supported by Both ENDS's partner Sustainable Development Institute, embarked on a mission to empower women leaders and communities in Bomi, Grand Cape Mount, and Gbarpolu counties to reclaim their rights to land and natural resources. This shows how the partnership between Both ENDS and local organisations is driving positive change in Liberia.
The Dare to Trust-initiative, led by Kebetkache Women Development & Resource Centre with support from Both ENDS, empowers individual women with support for their businesses and a sustainable income. The program has successfully supported 40 beneficiaries, enabling them to grow their businesses and skills without the need for formal proposals.
Competition over water access is growing. With water as the key to sustainable development, it is very important that in de coming months clear agreements are made about world wide water cooperation. On World Water Day, held on March 22nd in The Hague, important decisions were made and goals were set.
18 september - The court in Rotterdam today ruled that Dutch dredging company Boskalis does not have to make information on the social and environmental risks of its sand extraction operations in the coastal zone near Makassar, Indonesia, available to local fishing communities affected by the activities. Environmental and human rights organisation Both ENDS had initiated legal action against the company. The court declared Both ENDS inadmissible and did not consider the case. Both ENDS brought the action on behalf of Indonesian fishing communities after Boskalis had rejected repeated requests to provide information on the impact of its activities.