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Paper Seeks Canadian Push on Climate Disclosures
December 08, 2017
A policy brief published by the Centre for International Governance Innovation calls on Canadian authorities to implement the recommendations of the G-20 Task Force on Climate-related Financial Disclosures by requiring companies to include global warming-related risks in their financial disclosures.
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Climate Commitments Fuel Emissions Lawsuits
December 08, 2017
An article in The Economist explains how the growing number of commitments by governments to climate change targets, including those made under the UN's Paris climate deal agreed in 2015, is fueling an expansion in "climate lawsuits" seeking to hold businesses and governments to account for their contributions to or failure to contain global warming.
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US Businesses Link Climate Plans to NGO Targets
December 08, 2017
According to a recent report by global environmental disclosure platform CDP, an expanding number of US corporations are linking their greenhouse gas emissions goals to "science-based targets" approved by UN officials and nongovernmental organizations.
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Communities File IFC Complaint over Global Warming
December 08, 2017
The Manila Bulletin reports that a coalition of citizen groups and communities in the Philippines filed a complaint in October with the International Finance Corporation's (IFC) Compliance Advisor Ombudsman alleging that IFC investments in a Philippine bank that in turn invests in coal projects are contributing to the "death and destruction" caused by global warming.
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EC Investigates UK Corporate Tax Exemption
December 08, 2017
In October, the European Commission (EC) opened a formal investigation into whether the UK's Group Financing Exemption in its tax rules violate EU State Aid laws by potentially giving some companies transferring funds to offshore subsidiaries better tax treatment than others.
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