NGOs call for increased transparency of Dutch development bank 

A new report by the International Accountability Project and the Foundation for the Development of Sustainable Policies investigated the degree of transparency of the Dutch development bank FMO (Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V.), involving investments between January 1, 2019, and May 31, 2020.

The report was signed by 28 NGOs, including Oxfam Novib and Both Ends, which fight for social and environmental justice.   

The report urged the FMO to be more transparent about the negative effects of proposed investments on people and the environment and to better involve the impacted communities in the decision-making process.

Press release - Oxfam Novib (in Dutch)