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Academics Seek Clarification of BHR "Diligence" Rules
December 19, 2017
Academics Jonathan Bonnitcha and Robert McCorquodale have published an article calling for clarification of the concept of "due diligence" under the UN Guiding Principles on Business and Human Rights (BHR) to reduce the legal uncertainty businesses face when determining the standard of conduct that applies to their operations and those of related actors.
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Bonn Summit Spurs New Climate Action Initiatives
December 19, 2017
At the recent UN climate summit in Bonn, Germany, several UN agencies and nongovernmental organizations announced an array of new initiatives that will seek to put pressure on public officials and private companies to ramp up their financial and other commitments to reduce greenhouse gas emissions under the UN's Paris climate accord.
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NGO Develops Rules for Global BHR Arbitration
December 18, 2017
In November, the think tank Hague Institute for Global Justice launched a project to create global rules, developed in consultation with businesses and human rights activist groups, under which an international arbitration mechanism would resolve disputes related to the UN Guiding Principles on Business and Human Rights (BHR).
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World Bank Calls for Ambitious Carbon Taxation
December 15, 2017
In November, the World Bank released a report placing pressure on governments around the world to tax corporate greenhouse gas emissions to fulfill the goals of the UN's Paris climate agreement, asserting that the $52 billion in value of emissions taxation in 2016 is nowhere close to the level needed to combat global warming.
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NGOs: "Paradise Papers" Show Rights-Violating Tax Avoidance
December 15, 2017
Amnesty International's response to the release of the so-called "Paradise Papers," showing the use of low-tax jurisdictions by corporate and other actors to store funds and avoid taxes, highlights the push among activists for global actors to ramp up tax collection to permit governments to fulfill the "economic and social rights that they are legally bound to deliver on."