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World Bank Issues $350 Million Bond for SDGs
March 06, 2018
Highlighting the broad focus of UN institutions on diverting investment funds toward the comprehensive social and environmental targets of the Sustainable Development Goals (SDGs), the World Bank has announced its partnership with Swedish insurance and investment management company Folksam Group on a $350 million bond to raise funds for four SDGs.
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UN Entity Calls for Development of "SDG Bonds"
March 05, 2018
The UN Global Compact recently hosted a symposium in California focused on the development of "Sustainable Development Goal (SDG) Bonds" to be issued by corporate and sovereign entities with the aim of promoting the diversion of investment funds into the fulfillment of the UN's comprehensive SDG agenda.
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Activists Seek Blockchain Use in DRC Supply Chains
March 05, 2018
A report from CNBC Africa on the use of blockchain technology to track cobalt from mines in the Democratic Republic of Congo (DRC) to its inclusion in batteries in electronics demonstrates the growing pressure on businesses to use the online technology to exclude certain minerals associated with human rights violations, including child labor, from their supply chains.
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Through Philippines Rights Body, Activists Target "Carbon Majors"
March 05, 2018
An article from Vice News highlights how the Philippines Commission on Human Rights is holding public hearings to determine how 47 energy companies have contributed to human rights violations through their climate impacts, providing a target for victims of extreme weather events to lay the blame for their impacts on a limited set of "carbon majors."
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"Expert Group" Points to Climate Obligations for Businesses
March 01, 2018
An Expert Group on Climate Obligations of Enterprises, an international group of 49 legal scholars, has issued a set of legal principles - based in international, human rights, tort, and environmental law - purporting to bind companies to reduce their greenhouse gas emissions to prevent global warming in line with the 2015 Paris climate accord.