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UN Puts Pressure on Businesses over "Climate Finance"
April 20, 2015
At a recent Washington, D.C. meeting on finance and climate change, UN Secretary-General Ban Ki-moon called on businesses and governments to step up their support for the UN Green Climate Fund, which redistributes money to developing countries to support their efforts to combat and adapt to global warming.
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NGOs Blame Businesses for Neglect of Youth Rights in Africa
April 15, 2015
The nongovernmental organizations Amnesty International and the Open Society Initiative for Southern Africa have launched an initiative, labeled #AfricaNot4Sale, designed to demand "corporate accountability" for the nonrealization of so-called "economic, social, and cultural" human rights of young people in Africa.
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UN Pushes ESG in Development Finance
April 15, 2015
In a recent panel at the Third International Financing for Development Conference at the UN, a UN Global Compact panel pushed for the consideration of environmental, social, and governance ("ESG") factors in investment decisions of governments and corporations.
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EU Lawmakers Call for Binding Mineral Regulations
April 15, 2015
Reuters reports that the European Parliament's trade committee is seeking to replace an EU conflict minerals proposal that would offer to certify businesses as "conflict-free" with a binding regulation requiring smelters and refiners to certify they do not import certain minerals from wartorn regions in Africa.
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NGO Leader: Use Human Rights as Tool for "Tax Justice"
April 15, 2015
Clarifying the recognition by economic and social rights activists that business funding is essential to their goals, Niko Lusiani of the Center for Economic and Social Rights calls upon activists to pressure governments to consider such nontraditional human rights in making their policy decisions on corporate taxes.