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NGOs: "Paradise Papers" Show Rights-Violating Tax Avoidance
December 15, 2017
Amnesty International's response to the release of the so-called "Paradise Papers," showing the use of low-tax jurisdictions by corporate and other actors to store funds and avoid taxes, highlights the push among activists for global actors to ramp up tax collection to permit governments to fulfill the "economic and social rights that they are legally bound to deliver on."
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NGOs Call for Banks' Rejection of Tar Sands Pipelines
December 15, 2017
The nongovernmental organizations Greenpeace and Oil Change International have published a report warning major banks that their continued financing of tar sands pipelines risks legal action related to the rights of Indigenous communities and reputational risks regarding the compliance of these pipelines with the UN's Paris climate accord.
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Philippines Investigates Fossil Fuel Companies for Climate Change
December 14, 2017
The Commission on Human Rights of the Philippines is conducting the world’s first “national inquiry into the responsibility of the fossil fuel industry for the human rights impacts resulting from climate change hits,” with major companies such as ExxonMobil, Shell, and BP facing investigation in the wake of the deadly typhoon Yolanda, attributed by some to climate change.
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Major Global Investors Push Companies on Climate Policy
December 14, 2017
A group of 225 major investors, who together control over $26 trillion in assets, have joined the Climate Action 100+ initiative, whose goal is to systematically engage 100 of the world’s top greenhouse gas emitting companies and push them to reduce emissions throughout their supply chains and begin releasing climate-related financial disclosures.
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Environment Ministers Issue Anti-pollution Declaration
December 14, 2017
Member-state environment ministers issued a first-ever declaration at a meeting of the UN Environment Assembly, pledging to combat pollution via a variety of strategies, including by “moving societies towards sustainable lifestyles based on a circular economy [and] promoting fiscal incentives to move markets.”