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World Bank Bond Project Incentivizes Low-carbon Business Practices
December 14, 2017
The World Bank has completed the second repayment of bonds under its Pilot Auction Facility, a program designed to “promote private sector investment in climate action” through an incentivized bond regime.
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Development Financiers Commit to Climate-friendly Financing
December 14, 2017
Members of the International Development Finance Club and the Multilateral Development Banks have issued a joint statement promising to increase the proportion of investment directed to “low-carbon and climate resilient sustainable development,” as well as to fight for related policy adaptation by national and subnational governments.
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OECD Seeks National Budgetary Alignment with Climate Accord
December 14, 2017
The Organisation for Economic Co-operation and Development (OECD) has announced a new initiative—the “Paris Collaborative on Green Budgeting”—that will seek to drive national governments into aligning their respective budgets with the 2015 Paris agreement on climate change.
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Solar Alliance Becomes International Organization
December 14, 2017
The International Solar Alliance, a group composed of 121 countries, achieved official status as an international organization after its initial promotion at the 2015 UN Climate Change Conference in Paris, with the goal of spreading the use of solar energy in developing nations to fight climate change and address energy needs.
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IACHR Calls for Access to "Sexual and Reproductive Rights"
December 07, 2017
In October, the Inter-American Commission on Human Rights (IACHR) issued a press release calling on all governments to adopt measures to facilitate women's access to their "sexual and reproductive rights," including access to abortion services.
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OECD Pushes UK to Maintain Close EU Links
December 07, 2017
In a report published in October, the Organisation for Economic Co-operation and Development (OECD) called for UK authorities to maintain "the closest economic relationship with the European Union," including through the trade of goods and services and the movement of labor, in Brexit negotiations to keep the country's economy afloat in the coming years.
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IMF Pushes for Climate-based Financial Redistribution
December 04, 2017
In September, the International Monetary Fund (IMF) released a document calling on rich countries to do more to redistribute funds to developing countries to deal with the impacts of climate change, warning that the phenomenon would be a major drag on economic growth without a more-equitable balance in climate finance.
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Academic Seeks BRICS Focus on Human Rights
November 29, 2017
Professor Danny Bradlow of the University of Pretoria writes that the BRICS group of countries - Brazil, Russia, India, China, and South Africa - laments the lack of an effective strategy in the body, which seeks to provide an alternative to Western-focused global governance, to achieve a "just and equitable international economic order" through the global human rights agenda.
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Global Hotel Group Embraces SDG Agenda
November 29, 2017
The International Tourism Partnership, a global organization representing the hotel industry, has adopted four sets of goals that it will advocate among its member companies as reference points to help achieve the UN Sustainable Development Goals (SDGs) in the areas of youth employment, carbon emissions, water, and human rights.
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Schaefer: US Must Reject ICC Authority on Afghanistan
November 22, 2017
Brett Schaefer of the Heritage Foundation writes that, in response to the decision of the International Criminal Court (ICC) prosecutor to investigate war crimes allegations in Afghanistan since 2003, potentially including actions of the US military, the US should reject ICC jurisdiction and reevaluate its cooperation with the body.