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Activists Applaud Climate Inquiry by Philippines Rights Body
April 26, 2018
Marking the Philippines Human Rights Commission's first public hearing on the human rights impacts of 47 global energy companies' contribution to climate change, a group of lawyers, rights advocates, and lawyers issued a statement supporting the Commission's inquiry as a "vital" step toward access to justice for the victims of global warming.
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EC Seeks Boosted Role in "Sustainable" Finance
April 26, 2018
The European Commission (EC) recently hosted a conference in which participants, including heads of state and officials from international organizations, discussed how the EU should develop policies promoting a "sustainable" financial system, including by developing an EU classification system for "green" financial products.
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Court Limits US Lawsuits over Foreign Corporate Conduct
April 25, 2018
The US Supreme Court has rejected a lawsuit under the Alien Tort Statute against a foreign bank accused of helping to finance terrorist activities outside the US, sharply limiting the ways in which people may seek redress from foreign corporations in US courts for alleged human rights violations.
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World Bank Releases "Sustainable" Extractives Guide
April 25, 2018
The World Bank has published a "Sourcebook" providing a "spectrum of integrated policy interventions necessary to transform natural resource wealth into sustainable development" for countries and businesses that are engaged in oil, gas, and mineral extraction.
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World Bank Pushes Climate Policies in Asia
April 25, 2018
A press release from the World Bank describing its push for a transition in Asia from coal-fired power plants to clean energy sources, and promotion of "stringent regulatory policies" toward this goal, illustrates the prioritization by the development institution on fulfilling global targets on combating climate change.
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