Senegal is one of the countries with the highest amount of effective sunshine on earth. Instead of using the 3000 hours of sunshine a year as a source of energy, 2 new coal fired power plants are now being built with the help of the Dutch development bank FMO, using public money. This video shows the consequences for the local population.
16 civil society organisations including Both ENDS have written a letter of concern to the European Investment Bank about a newly proposed standard for the Bank its intermediate finance investing. Both ENDS contribution to the contents of the joint letter consists out of proposals for improvement of screening, scoping, due diligence, appraisal, monitoring and supervision of high-risk clients and sub-projects. through financial intermediaries and clear and mandatory social, environmental and human rights requirements for FI investing matters.
Een jaar geleden heeft de Senegalese organisatie Takkom Jerry een klacht ingediend bij de African Development Bank (AfDB) en de Nederlandse ontwikkelingsbank FMO. Zij financieren de kolencentrale Sendou, pal naast het vissersdorpje Bargny. De AfDB heeft de klacht nu erkend. FMO heeft de klacht al in behandeling en publiceert binnenkort een officiële reactie.