Monthly Archives: October 2012

Biodiversity talks should oppose ‘financialization’ of nature

Friends of the Earth International

October 12, 2012

Biodiversity talks should oppose ‘financialization’ of nature

HYDERABAD, INDIA, October 12, 2012 — While ministers start gathering here ahead of a second week of United Nations Biodiversity talks [15–19 October], preparing to discuss where to garner billions of dollars needed to preserve global biodiversity, Friends of the Earth International warns against Nature being ‘financialized’ (being given a price, bought, sold, and converted in financial mechanisms), which many multinational corporations are lobbying for.

More than 170 countries are represented at the Hyderabad UN 11th Conference of the Parties to the Convention on Biological Biodiversity, which seeks to address all threats to biodiversity and ecosystems, including climate change.

“Biodiversity and forests are critical for the survival of people and the planet, and are thus priceless. Our biodiversity needs to be protected, not speculated on by reckless and unaccountable financial markets,” says Isaac Rojas, Friends of the Earth International Coordinator of the Forests and Biodiversity Programme.

Friends of the Earth International believes that governments should establish public funds and other non-market based and non-corporate mechanisms to fund the conservation of biodiversity, and not rely on financial markets and financial speculation.

“Financialization of Nature, which many corporations are lobbying for, is a recipe for disaster. The takeover of biodiversity by the financial sector must be stopped,” Isaac Rojas added.

For more information

Isaac Rojas, Friends of the Earth International Coordinator of the Forests and Biodiversity Programme — Email: isaac [at] coecoceiba.org or Tel: +506 8338 32 04 (Costa Rican mobile)

Plaintiffs appear in the court room in the Hague. Photo: Pierre Crom.

Verdict expected on Shell’s oil pollution in Nigeria

Friends of the Earth International

October 11, 2012

Verdict expected in court case on oil giant Shell’s Nigerian oil pollution

THE HAGUE, THE NETHERLANDS, October 11, 2012 — For the first time in history, a Dutch court verdict is expected about the case of a European company, Anglo-Dutch oil giant Shell, which appeared in court today to account for damage it caused abroad, says Friends of the Earth International.1

Lawyers for both parties pleaded at a key hearing in The Hague today and the court announced that the verdict is expected on January 30, 2013.

The court case against Shell’s oil spills in Nigeria has been filed by four Nigerian plaintiffs in conjunction with Friends of the Earth Netherlands and supported by Friends of the Earth Nigeria.

“A positive verdict will have groundbreaking legal repercussions. It will allow victims of multinational corporations in developing countries to obtain justice in Europe,” says Geert Ritsema, globalisation campaign leader at Friends of the Earth Netherlands / Milieudefensie.

“Due to the poor maintenance of its pipelines and infrastructure Shell lets tens of millions of barrels of oil leak in Nigeria, with disastrous consequences for local people and the environment. We hope for a positive verdict. We hope that Shell will own up to its glaring pollution. We hope that justice will be done for the four Nigerians who sued Shell in The Netherlands,” says Nnimmo Bassey, Executive Director of Friends of the Earth Nigeria and Chair of Friends of the Earth International.

In May 2008, four Nigerian fishermen and farmers2 from the villages of Goi, Ikot Ada Udo and Oruma, in conjunction with Friends of the Earth Netherlands / Milieudefensie and supported by Friends of the Earth Nigeria / ERA, started a legal case against Shell Nigeria and its parent company in the Netherlands.3

“Shell polluted with impunity and destroyed our livelihoods. Several years after the spills we still see and smell the oil and in some communities half of the population has respiratory diseases. Shell must now clean up properly and prevent more oil spills from happening. Justice has to be done here in The Netherlands and Shell must be held to account,” says one of the four plaintiffs, Eric Dooh from Goi, Ogoniland, Nigeria.

The serious contamination of the oil rich Niger Delta has had disastrous consequences for the local people and their environment. Oil leaks regularly pollute the fields, forests and water. These leaks are a heavy burden on agriculture and fishing.

Shell is the operator of Nigeria’s largest oil fields and bears significant responsibility for the oil pollution. The UN, among others, has stated that Shell does not comply with legal environmental standards and has failed to clean up leaked oil — or has done so only insufficiently, for decades. Moreover, Shell’s own sustainability report stated that the number of leaks due to poor maintenance doubled in 2011, rising from 32 to 64.

Notes to editors

1 Photos of the oil spills, as well as legal documents and fact sheets about the legal proceedings are available at:
http://www.milieudefensie.nl/english/shell/oil-leaks/courtcase/press and
http://www.milieudefensie.nl/english/shell/oil-leaks/courtcase/press/documents/documents-on-the-shell-legal-case

2 Bios, portraits and stories of the plaintiffs are available at:
http://www.milieudefensie.nl/english/shell/oil-leaks/courtcase/plaintiffs
http://www.milieudefensie.nl/english/shell/oil-leaks/courtcase/press/documents/documents-on-the-shell-legal-case

3 A timeline of the court case is available at:
http://www.milieudefensie.nl/publicaties/factsheets/timeline-courtcase-shell

For more information

Friends of the Earth Netherlands / Milieudefensie press office:
Tel: +31 20 5507 333 or e-mail persvoorlichting [at] milieudefensie.nl