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World Bank Facility Launches Climate Insurance Database
January 05, 2018
The World Bank Group's Global Index Insurance Facility, in partnership with other organizations, has launched an online database promoting insurance and the transferring of risk as effective responses to the perceived growth in the number of disasters caused by global warming.
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Canadian Investors Push for Corporate Climate Reporting
January 05, 2018
An article in The Globe and Mail highlights how pension funds and other investors are responding to pressure from nongovernmental organizations and others by pushing companies in which they invest to report on how they are preparing for a "low-carbon" future, despite a lack of consistent corporate disclosure guidelines on climate risks.
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NGO Condemns Plans for Global Investment Court
January 05, 2018
The Center for International Environmental Law has published a report warning that the European Commission's proposed global "Multilateral Investment Court" would solidify the investor-state dispute settlement system contained in many trade agreements and result in corporate "impunity" by facilitating challenges by investors to duly passed laws of sovereign countries.
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Google Seeks to Block Publication of Gender-Pay Data
January 05, 2018
The Guardian reports that, in a case highlighting the complications and costs involved in broad corporate reporting requirements, tech giant Google is calling on a federal US court to block a motion requiring it to turn over data on alleged pay disparities between men and women working for the company in a class-action suit launched by female employees.
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NGOs Seek Stronger Peer Review of NCPs
January 05, 2018
A group of nongovernmental organizations has published a summary of ongoing analysis regarding whether the "peer review process" of National Contact Points (NCPs) for the OECD Guidelines for Multinational Enterprises is sufficiently holding NCPs to account, calling for the process to push NCPs to provide more effective remedies to alleged victims of corporate conduct.