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Businesses Support "Decarbonisation" at COP22 Meeting
November 28, 2016
At the recent UN Climate Change Conference (COP22) in Marrakesh, Morocco, a gathering of business representatives signaled the growing commitments within the private sector to support UN initiatives aimed at the "radical decarbonisation of the global economy” as part of the international organization's agenda on combating global warming.
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NGOs Seek Robust Carbon Market Mechanism
November 28, 2016
The Carbon Market Watch Network of nongovernmental organizations has released a policy briefing calling for the establishment of a new UN body to monitor the global reporting and trading of carbon emissions "allowances" aimed at combating climate change under the UN climate deal that entered into force earlier this month.
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EU Considers Deterring "Aggressive" Tax Advice
November 28, 2016
The European Commission has launched a public consultation on measures to deter tax advisers in the EU from proposing tax planning schemes to help corporations and others avoid taxes, including by implementing at the EU level a "mandatory disclosure scheme" for tax advice that might be viewed as overly "aggressive."
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EU Council Agrees Criteria for Tax "Blacklist"
November 28, 2016
The Council of the EU has agreed on criteria for penalizing jurisdictions that, in the view of EU member states, are not sufficiently cooperative with the EU in their corporate taxation policies and thus purportedly contribute to corporate tax avoidance.
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UN Chief Lauds Report Pushing for Cheaper Drugs
November 22, 2016
UN Secretary-General Ban Ki-moon has welcomed a report from his High-Level Panel on Access to Medicines and called for countries to review and implement its recommendations, including on disconnecting drug costs from research and development and increasing government flexibility on respecting intellectual property rights.