The Equator Initiative - a United Nations-led partnership which recognizes the success of local sustainable development projects with the biennial Equator Prize - has launched a series of 127 case studies and a volume of “lessons-learned” outlining the key components of successful, community-based development initiatives. more[...]
Novethic conducted this study to assess the quality of CSR reporting of the largest European banks and insurance companies. By comparing the type of information provided by these key economic players on the Environmental, Social and Governance (ESG) aspects of their businesses, we can see how they are reacting to the scrutiny. more[...]
Novethic analysed the reporting of 31 European banks and insurance companies in four areas of CSR (Corporate Social Responsibility): environmental, social and governance issues and their products and services. The study examines how the financial sector has reacted to the questions it has raised since the crisis. The companies surveyed provide detailed reporting on their social policy or their direct environmental impacts, but information is sparse on sensitive governance issues such as executive compensation or tax havens. 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[...]
A new study, published by the inter-governmental Financial Action Task Force (FATF), highlights the danger coming from shell companies. These companies without real employees and offices could have legitimate uses but are used although by money launderers, financiers of terrorism, sanctions busters and tax evaders. 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[...]
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[...]
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