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World Bank Chief Seeks Revamped Climate Finance
July 19, 2017
At the institution's spring meetings, World Bank President Jim Yong Kim warned of the failure of the Green Climate Fund to effectively combat the impacts of climate change and called for global leaders to develop a new system to funnel public and private finance to climate-friendly projects.
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Researcher Calls for Local-Focused Climate Redistribution
July 19, 2017
Marek Soanes of the International Institute for Environment and Development writes that the Green Climate Fund, the UN mechanism that directs international development funding toward projects seeking to limit global warming, should be more focused on redistributing funding directly to local authorities in the world's least-developed countries.
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Business Leader: G20 Should Set Collective Climate Regulations
July 19, 2017
BASF’s Kurt Bock, Chairman of the Business-20 (B20) Taskforce on Energy, Climate & Resource Efficiency, argues that the Group of 20 (G20) nations must set collective climate policies to avoid creating competitive disadvantages for businesses.
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Report Calls for “Due Diligence” in Natural Resource Extraction
July 19, 2017
Dr. Carolijn Terwindt and Christian Schliemann call for companies and governments to implement “due diligence” policies when funding natural resource extraction projects to and consider cutting their finance of such projects in cases of "repression" or "stigmatization" of human rights defenders.
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Human Rights Leaders Call for “Transformative” Policy Changes
July 19, 2017
Speakers at a recent event on human rights and the UN Sustainable Development Goals (SDGs) hosted by the Danish Institute for Human Rights called for the public and private sectors to incorporate human rights goals into their policies, including through corporate human rights impact assessments, “to unleash the transformative potential of the 2030 Agenda.”
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