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UN Agency Calls for End to Export of “Dirty Fuels” to Africa
July 30, 2018
The UN Environment agency has pointed to a report prepared by the Dutch government on the transportation of “dirty fuels” to Western Africa as proof of “an environmental and public health scandal,” arguing that the energy industry must not sell fuels that would be banned in Europe “even if they meet national standards” in African countries.
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WEF Initiative Calls for Financial Pressure Against Deforestation
July 30, 2018
The Tropical Forest Alliance, a partnership hosted by the World Economic Forum (WEF), has published a report calling on financial institutions around the world to place pressure on the businesses in which they invest to prevent deforestation in line with the global environmental agenda and the UN’s Paris climate deal.
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WWF Launches “Sustainable Finance” Platform for Asia
July 27, 2018
The nongovernmental organization World Wide Fund for Nature (WWF) has launched an Asia Sustainable Finance Initiative, based in Singapore, to divert investment flows into projects that produce “sustainable economic, social and environmental outcomes.”
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NGO Seeks Reform of Trade System to Tackle “Tax Havens”
July 27, 2018
Open Society Foundations has published an article calling for the reform of global tax and international trade law systems - in addition to potentially using “extraterritorial application of human rights obligations” - to prevent the use by corporations and wealthy individuals of “tax havens” to reduce the proportion of their income they pay to governments.
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UNGC Launches Platform to Pressure Business on Oceans
July 27, 2018
Executive Director of UN Global Compact (UNGC) Lise Kingo recently announced the launch of an Action Platform on Sustainable Ocean Business, a three-year program aimed at pushing businesses to help fulfill the UN Sustainable Development Goals by ensuring their operations do not endanger the health of oceans.
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