FMONetherlands
Created before Nov 2016
Last update: 2020-07-21 14:31:58
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About FMO

FMO is the Dutch development bank supporting companies, projects and financial institutions from developing and emerging markets. It specialises in sectors where its contribution can have the highest long-term impact - financial institutions; energy and agribusiness, food & water situated in high risk developing countries. In addition, FMO manages a number of specific development funds on behalf of the Dutch government.

Website http://www.fmo.nl
Headquarters
Anna van Saksenlaan 71
2593 HW The Hague
Netherlands
CEO/chair Linda Broekhuizen and Fatoumata Bouaré
Management Board
Supervisor
De Nederlandsche Bank
Annual report Annual report 2019
Ownership

FMO is 51% owned by the Dutch State, 7% is held by trade unions, employer's federations, companies and individuals. The remaining 42% is held by Dutch banks: ABN Amro, ING and Rabobank.

Related Dodgy Deals

FMO has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Projects - active profiles

There are no active projects for FMO now.

Projects - on record profiles

Agua Zarca hydro project Honduras profile

Hydroelectric Power Generation
Debt – project finance
USD 15 million
27 February 2014
source: link

Barro Blanco dam project Panama profile

Hydroelectric Power Generation
Debt – project finance
USD 28 million
source: link

Nam Theun 2 dam Laos profile

Hydroelectric Power Generation
Uncategorised

Theun-Hinboun dam expansion Laos profile

Hydroelectric Power Generation
Uncategorised

Dodgy Deals map

All
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Projects
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Companies
Targets
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Active profiles
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On record profiles

News

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Type:
Year:
blog
external news
our news

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
blog
external news
our news

Dutch banks slammed by independent committee for failing to address client confidentiality

2020-08-26 | Nijmegen | BankTrack
blog
external news
our news

Equator Principles requirements missing for most projects, finds new BankTrack study

Research into 37 projects financed 'under Equator' finds project-level grievance mechanisms or stakeholder engagement processes cannot be evidenced in 65% of cases
2020-08-11 | BankTrack
blog
external news
our news

Vernederingen en zwijgcontracten: hoe Peter van Mierlo jarenlang een schrikbewind voerde bij FMO

(article in Dutch)
2020-06-13 | De Volkskrant
blog
external news
our news

Chairman of the Board FMO steps down

2020-06-11 | FMO press release
blog
external news
our news

Nederlandse ontwikkelingsbank FMO financiert belastingontwijking via Mauritius

(article in Dutch)
2019-07-23 | Trouw
blog
external news
our news

FMO commits to Dutch Climate Accord

2019-07-10 | FMO
blog
external news
our news

Dutch Banking Sector Agreement on Human Rights publishes first annual report plus leverage and cocoa papers

2018-08-16 | BankTrack
blog
external news
our news

Dutch development bank takes step forward on human rights, but must do more to protect defenders

2017-09-27 | Global Witness
blog
external news
our news

Hydroelectric Project Opposed by Berta Caceres Suspended

2017-07-10 | Tegucigalpa | Prensa Latina
blog
external news
our news

Controversial hydropower project that led to murder of land defender Berta Cáceres halted as funders forced to pull out

2017-07-07 | Global Witness
blog
external news
our news

COPINH communicates that FMO and Finn Fund have confirmed their official exit from the murderous Agua Zarca Project

2017-07-06 | Honduras | COPINH
blog
external news
our news

Ten Equator banks demand decisive action on Indigenous peoples following DAPL debacle

Banks from the Netherlands, France, Spain and Italy press Equator Principles Association for change
2017-06-16 | BankTrack
blog
external news
our news

Backers of Honduran dam opposed by murdered activist withdraw funding

International investors withdraw completely from Agua Zarca project
2017-06-04 | The Guardian
blog
external news
our news

Barro Blanco floodings: enormous damage

2017-04-06 | Both ENDS
blog
external news
our news

Joint call to action: Dutch development bank FMO should protect human rights defenders

2016-11-16 | London | BankTrack, Global Witness
blog
external news
our news

Going Dutch: What’s in the new Dutch banking sector agreement on human rights?

2016-11-10 | Ryan Brightwell – BankTrack
blog
external news
our news

Two new reports confirm the need for lenders to exit responsibly from the Agua Zarca Hydroelectric Project in Honduras

Investigations come after the murder of renowned human rights defender, Berta Cáceres
2016-09-30 | Amsterdam | SOMO and Both ENDS
blog
external news
our news

Two new reports confirm the need for lenders to exit responsibly from the Agua Zarca Hydroelectric Project in Honduras

Investigations come after the murder of renowned human rights defender, Berta Cáceres
2016-09-30 | Amsterdam | SOMO and Both ENDS
blog
external news
our news

Jürgen Rigterink new CEO of FMO

2016-09-06 | FMO
blog
external news
our news

Civil society response on announcement European financiers to ‘seek to exit’ Agua Zarca project

2016-05-11 | Nijmegen | BankTrack
blog
external news
our news

FMO and Finnfund suspend support for Agua Zarca Dam

Civil society groups demand permanent withdrawal from project
2016-03-16 | San Fransisco, the Hague | International Rivers
blog
external news
our news

Independent report: Dutch and German development banks failed to comply with environmental and human rights standards in financing the Barro Blanco dam in Panama

Indigenous communities and civil society shocked by bank's inadequate response to findings
2015-06-01 | Kiad, Panama/Amsterdam/Bogota | SOMO
blog
external news
our news

Dutch FMO pushed Panama to continue construction Barro Blanco dam

2015-05-18 | Amsterdam | Both ENDS
blog
external news
our news

Panama Suspends Construction of FMO-funded Barro Blanco hydroelectric dam over environmental and human rights abuses

Panamanian indigenous community celebrates the decision
2015-02-11 | Panama | SOMO
blog
external news
our news

UN registered Barro Blanco hydroelectric dam temporarily suspended over non-compliance with environmental impact assessment

2015-02-10 | intercontinentalcry.org
blog
external news
our news

First complaint to Dutch development bank FMO admitted

The Independent Complaints Mechanism of the FMO will examine the Barro Blanco dam in Panama.
2014-06-13 | Kiad, Panama / Amsterdam, Netherlands | Centre for Research on Multinational Corporations (SOMO) & Both ENDS
blog
external news
our news

Complaint filed against Dutch development bank FMO for funding the Barro Blanco dam in Panama

Panamanian indigenous community submits complaint to FMO’s independent grievance mechanism
2014-05-07 | Kiad, Panama / Amsterdam | SOMO, Both ENDS
blog
external news
our news

Nederlandse bank wekt woede Hondurese indianen - FMO, Agua Zarca

2014-05-06 | Volkskrant
blog
external news
our news

Nederlandse bank wekt woede Hondurese indianen - FMO, Agua Zarca

2014-05-06 | Volkskrant
blog
external news
our news

Indigenous groups in Honduras speak out against Dutch development bank FMO

Reject financing of the Agua Zarca dam project
2014-04-16 | La Tejera, Rio Blanco, Honduras
blog
external news
our news

NGO Briefing on Independent Complaints Mechanism of FMO and DEG

2014-02-17 | The Hague | BankTrack, Both ENDS, SOMO, Amnesty International
blog
external news
our news

New rules for Equator Principles, but no new commitments from banks

New governance rules represent missed chance for Equator Principles to take bold steps forward on transparency and accountability
2010-07-01 | Nijmegen, the Netherlands | BankTrack
blog
external news
our news

Civil society groups call for bold steps forward with Equator Principles

Major reforms needed on transparency, accountability, implementation and climate change
2010-01-14 | Nijmegen | BankTrack

Documents

| | | | | | | | | | | |
Type:
Year:
annual reports

Annual report 2019

2020-07-21 00:00:00 | FMO
annual reports

Annual report 2018

2019-03-25 00:00:00 | FMO
annual reports

Annual report 2017

2018-03-31 00:00:00 | FMO
csr policies

Position Statement on Human Rights

2017-08-29 00:00:00 | FMO
csr policies

Position Statement on Gender

2017-08-29 00:00:00 | FMO
csr policies

Position Statement on Land Governance

2017-08-29 00:00:00 | FMO
csr policies

Position Statement on Coal Power Generation and Coal Mining

2017-08-29 00:00:00 | FMO
csr policies

Position Statement on Responsible Tax

2017-08-29 00:00:00 | FMO
annual reports

Annual report 2016

2017-03-31 00:00:00 | FMO
csr policies

Exclusion List

2017-02-03 00:00:00 | FMO
ngo documents

Honduras: The deadliest place to defend the planet

2017-01-31 00:00:00 | Global Witness
csr policies

Implementing FMO’s Sustainability Policy

2017-01-01 00:00:00 | FMO
csr policies

Sustainability Policy

2017-01-01 00:00:00 | FMO
csr policies

Position Statement on Hydro Power Plants

2016-12-23 00:00:00 | FMO
bank documents

Declaration on moral and ethical conduct

2016-11-17 00:00:00
csr policies

Sustainability Policy Universe

2016-10-31 00:00:00 | FMO
annual reports

Annual Report 2015

2016-03-21 00:00:00 | FMO
annual reports

Equator Principles Reporting 2014

2015-11-11 00:00:00 | FMO
annual reports

Development Impact Report 2013-2014

2015-04-13 00:00:00 | FMO
annual reports

Annual Report 2014

2015-04-13 00:00:00 | FMO
bank documents

FMO and the Dutch Banking Code

2014-12-20 00:00:00
ngo documents

Failure to Restore: An Assessment of the Impacts of the Theun-Hinboun Hydropower Dam Projects on Downstream Communities in Laos

2014-06-27 00:00:00 | International Rivers
annual reports

Equator Principles Reporting 2013

2014-06-25 00:00:00 | FMO
ngo documents

Briefing on FMO compliance Mechanism

2014-02-14 00:00:00 | BankTrack, Both Ends et al
correspondence

Letter from FMO to BankTrack on agua zarca (3rd letter response)

2014-02-04 00:00:00 | FMO
annual reports

Annual Report 2013

2014-01-01 00:00:00 | FMO
correspondence

Letter from BankTrack to FMO on Aqua Zarca (3rd letter)

2013-12-20 00:00:00 | BankTrack
correspondence

Letter from COPINH to FMO on Agua Zarca (2nd letter)

2013-11-18 00:00:00 | COPINH
correspondence

Letter from COPINH to FMO on Agua Zarca dam

2013-10-11 00:00:00 | COPINH
correspondence

Letter from BankTrack et al to FMO on Agua Zarca dam (2nd letter)

2013-10-07 00:00:00 | BankTrack et al
correspondence

Letter from BankTrack to FMO on Agua Zarca dam

2013-09-25 00:00:00 | BankTrack
annual reports

Annual report 2012

2013-03-25 00:00:00 | FMO
annual reports

FMO Equator principles reporting 2012

2012-01-01 00:00:00 | FMO
annual reports

Sustainability report 2005

sustainability in practice
2005-01-01 00:00:00 | FMO

Links

Project List

FMO's database on financed projects
https://www.fmo.nl/project-list

Policies

Voluntary initiatives

FMO has committed itself to the following voluntary standards:

Investment policies

FMO's Sustainability Policy Universe and its exclusion list can be found on its policies & positions statements page.

Year:
csr policies

Position Statement on Human Rights

2017-08-29 00:00:00 | FMO
csr policies

Position Statement on Gender

2017-08-29 00:00:00 | FMO
csr policies

Position Statement on Land Governance

2017-08-29 00:00:00 | FMO
csr policies

Position Statement on Coal Power Generation and Coal Mining

2017-08-29 00:00:00 | FMO
csr policies

Position Statement on Responsible Tax

2017-08-29 00:00:00 | FMO
csr policies

Exclusion List

2017-02-03 00:00:00 | FMO
csr policies

Implementing FMO’s Sustainability Policy

2017-01-01 00:00:00 | FMO
csr policies

Sustainability Policy

2017-01-01 00:00:00 | FMO
csr policies

Position Statement on Hydro Power Plants

2016-12-23 00:00:00 | FMO
csr policies

Sustainability Policy Universe

2016-10-31 00:00:00 | FMO

Equator Principles

Implementation and reporting

FMO is reporting on the implementation here.

Contact and complaints

Equator Principles Dodgy Deals

Projects

on record

Agua Zarca hydro project Honduras

Hydroelectric Power Generation
on record

Barro Blanco dam project Panama

Hydroelectric Power Generation
on record

Nam Theun 2 dam Laos

Hydroelectric Power Generation
on record

Theun-Hinboun dam expansion Laos

Hydroelectric Power Generation

Good moves

Year:

2016

FMO and Finnfund seek to exit Agua Zarca

Dutch development bank FMO and Finnish finance company Finnfund announced on May 9th that they would "seek to exit" financing the Agua Zarca hydroelectric project in Honduras. They took the decision after a court in Honduras decided on May 8th to press charges against four individuals in connection…