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World Bank, Japan Partner on "Sustainable" Investment
December 07, 2017
The World Bank Group and the Japanese Government Pension Investment Fund recently formed a partnership to "promote strategies for including environmental, social and governance criteria in investment decisions" in an effort to divert more investment funds into projects that support the UN Sustainable Development Goals.
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UN Agent: Denmark Must Enforce Toxicity Standards Abroad
December 07, 2017
UN Special Rapporteur on hazardous substances and wastes Baskut Tuncak recently called on Denmark to force its companies to observe the same standards on toxic substances in their overseas operations as they observe in Europe.
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OECD Praises Progress on "Preferential Tax Regimes"
December 07, 2017
In October, the Organisation for Economic Co-operation and Development (OECD) issued a press release touting the progress of its efforts to implement global rules on "preferential tax regimes" as part of an "international tax framework" that seeks to capture more corporate taxation in countries around the world.
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NGOs Oppose EU Plans for Global Investment Court
December 07, 2017
Fabian Flues of Friends of the Earth Europe highlights the dissatisfaction of European human rights and environmental activist organizations with European Commission plans for a Multilateral Investment Court that handles investor complaints against government regulations, warning that it will become "a global VIP court for corporations."
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French Bank Pulls Funding from Oil, Gas Projects
December 07, 2017
Bloomberg reports that French bank BNP Paribas has promised to stop financing companies whose main business is shale and oil sands projects, as well as oil and gas projects in the Arctic region, as part of its efforts to limit greenhouse gas emissions and fulfill the UN's agenda against climate change.
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