Global Witness is outraged by a lawsuit filed by the American Petroleum Institute (API), the U.S. Chamber of Commerce and others to gut Section 1504, an important anti-corruption provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act. (1) By seeking to nullify this provision, API, whose members include BP, Chevron, ExxonMobil and Shell, and other industry groups are demonstrating that they have something to hide. Any claims by API that they support transparency efforts are preposterous when they are not only trying to weaken the rules but to strike Section 1504 in its entirety. more[...]
In 2008, ActionAid started campaigning to remove biofuels targets that are having a detrimental effect on poor and marginalised communities around the world. We did so in response to calls from communities and partners we work with in the global south, for whom the impact of biofuels production was becoming untenable. Countless cases of land grabs by multinationals to produce industrial biofuels for export to rich countries were the main issue. more[...]
As an inquiry begins into the fatal August shooting of dozens of striking miners in South Africa, the International Labour Organization (ILO) has called for high-level social dialogue in order to prevent further violence and unrest. more[...]
World Bank Group President Jim Yong Kim today told the Bank’s shareholders he wants the institution to become a solutions Bank that can work with partners and help “bend the arc of history” to eliminate extreme poverty. more[...]
Can extreme poverty be eliminated in the next 20 years? With much of the world still mired in an economic slump, the question might seem ill-timed. Yet, as heads of state arrive in New York on Monday for the 67th United Nations General Assembly, this goal should be at the top of the agenda. more[...]
Facts and Trends: Forests, forest products, carbon & energy is a new report developed by the WBCSD Forest Solutions Group and NCASI. The report is highlighting the key role forests and forest products play in furthering sustainable solutions in a resource constrained world. It also underlines their necessity for a future low-carbon and bio-based economy, as they can help to reduce society’s greenhouse gas emissions. more[...]
The world financial and economic crisis has reversed recent growth trends in the world’s poorest nations, dampening the prospects that half of the 48 least developed countries (LDCs) will be able to “graduate” from that status by the end of the decade, as called for by last year’s international conference on LDCs, UNCTAD research shows. The present study, which is the outcome of ongoing work by the UNCTAD secretariat on LDCs, assesses the challenges, opportunities and prospects for meeting the criteria for graduation, particularly by enhancing the role of commodities and improving agricultural productivity. more[...]
The Forum, a global gathering of CIF’s diverse stakeholders, will offer plenary and parallel sessions to explore ways to maximize CIF’s effectiveness. At the Forum, the AfDB will lead a session on “Enabling Environment as an Engine for Private Sector Contribution to Sustainable Development” on November 6 from 2:00-4:00 pm. The event features discussions on Legal and Regulatory Frameworks, Fiscal Risks and Incentives and Technical Capacity and Procurement Methods. more[...]
This report considers migration in the context of environmental change over the next 50 years. The scope of this report is international: it examines global migration trends, but also internal migration trends particularly within low-income countries, which are often more important in this context. more[...]
The worldwide financial crisis brought into relief the role of financial systems in economic development and poverty reduction. The World Bank’s first-ever Global Financial Development Report contributes to the policy debates on this topic, building on new datasets, surveys, research and country experience, emphasizing the perspective of low- and middle-income countries. The report re-examines a basic question highlighted by the crisis: what is the proper role of the state in financial development? more[...]
Over the past decade, Brazil has made important progress in legitimizing illegal settlements in big cities. However, according to a new study by the Inter-American Development Bank (IDB), Cities Alliance, the Ministry of Cities, and the Caixa Econômica Federal (CEF), the technical capabilities of Brazilian municipal governments need to be strengthened if improvements are to be integrated into housing and urban policies that can be implemented in the city as a whole. more[...]
Africa's urban population is growing faster than that of any other region, but many of its cities are not keeping pace with the increasing demand for food that comes with that growth. A new FAO publication says policymakers need to act now to ensure that African cities will be "green" enough to meet their nutrition and income needs in a sustainable way. more[...]
South-South investment and exchange of know-how are key sources of growth and prosperity in Africa – and Huajian Group of China’s experience in Ethiopia is really edifying. That was the message the President of the African Development Bank Group, Donald Kaberuka, gave in his address at the opening of a high-level seminar on September 7 in Tunis. more[...]
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