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World Bank Issues Five-Year $200 Billion Climate Finance Plan
December 13, 2018
The World Bank Group has announced its plans to mobilize $200 billion in funding for “ambitious climate action” in the years 2021 to 2025, focusing on “climate adaptation” projects that seek to counter the ongoing, catastrophic impacts of global warming.
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UN Observers Lament Lack of Progress on “Right to Development”
December 13, 2018
A group of UN human rights mandate holders recently published a statement calling on governments “to intensify efforts to combat economic inequality and discrimination” as inherent threats to a legally binding, universal “right to development.”
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US Prevails on Trade Language at G20 Summit
December 13, 2018
Bloomberg reports that, under pressure from the Trump Administration, the G20 group of countries included in its communique at the conclusion of its recent summit in Buenos Aires language conceding flaws in global trading rules under the World Trade Organization and omitted references to protectionism.
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UN Members Adopt Global Migration Accord
December 12, 2018
Politico reports that national leaders at a UN conference in Morocco have agreed to a Global Compact for Safe, Orderly and Regular Migration, without the support of the US, Australia, and several European countries with reservations regarding language many leaders believed interferes with national migration policies.
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OECD Report Calls for Focus on “Sustainability” in Development Programs
December 12, 2018
The OECD Development Centre recently published a report calling on countries to include in their national development programs a “multidimensional” focus on economic, social, and environmental well-being aligned with the UN Sustainable Development Goals.
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