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Venezuelan Legislator Criticizes Bond Purchase
August 07, 2017
An article on PanAm Post reports on a letter sent from Venezuelan National Assembly President Julio Borges to Goldman Sachs expressing "outrage" at the financial company's deal with the country's President Nicolás Maduro to buy $2.8 billion of bonds in Venezuela's state oil company, arguing that the move violates Goldman Sachs' human rights policies.
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Academic Calls for Lawyer Guidance on "Climate Justice"
August 07, 2017
Sara Seck of the Centre for International Governance Innovation writes on progress by the International Bar Association and others in developing business and human rights (BHR) guidance for attorneys and calls for more activity linking this global BHR legal movement with lawyer action promoting "climate justice."
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Rising SDG Costs Force Pressure on Businesses for Funding
August 07, 2017
Shanta Rao reports that, as UN and other officials continue to raise the price tag on the necessary annual funding to achieve the UN Sustainable Development Goals (SDGs) from hundreds of billions to trillions, countries are increasingly seeking to place pressure on businesses to make substantial contributions to the comprehensive social and environmental agenda.
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MEP Seeks EU-wide Integration of BHR Agenda
August 07, 2017
Member of the European Parliament (MEP) Heidi Hautala calls for EU institutions to implement several action items from the global business and human rights (BHR) agenda, including imposing binding human rights due diligence requirements on all companies and formulating an EU-wide action plan on responsible business conduct.
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China Pushes for "Green Development" Coalition
August 07, 2017
The website Climate Home reports that, at a recent intergovernmental conference in Beijing, China's President Xi Jinping called for an "international coalition for green development" that will help the country fulfill its pledges under the UN's 2015 Paris climate deal while funding its ambitious "One Belt, One Road" infrastructure project to connect Eurasia.
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