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UN Treaty Mandates Government Action on Mercury
August 30, 2017
UN Environment has announced that the Minamata Convention on Mercury, a UN treaty requiring signatories to take a wide range of measures to control and limit the use of mercury and mitigate its impacts, including by banning new mercury mines and reducing mercury emissions, has entered into force after its ratification by 50 states parties.
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UN Fund Steers Asian Finance Toward "Sustainability"
August 30, 2017
Daniel Graeber writes that the UN's Green Climate Fund has reached an agreement with the Asian Development Bank (ADP) to provide the ADP with funding to help the region pursue climate-friendly development in accordance with the goals of the UN's Paris climate deal.
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EU, Switzerland Move to Link Emissions Trading
August 30, 2017
Reuters reports that, as part of efforts to expand regional governance of the taxation of carbon emissions, the European Commission and Swiss government have expressed their support for a deal combining the jurisdictions’ respective carbon emissions trading systems, requiring companies to pay to release carbon above certain thresholds.
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NGOs Push Rights Agenda at Latin American Summit
August 30, 2017
According to an update from Human Rights Watch, some civil society organizations have threatened to abandon UN-led negotiations between 24 Latin American and Caribbean nations on a proposed treaty to protect "sustainable development" in the region because of what they see as "weak proposals to protect human rights" in the talks.
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Companies Support Australian Reporting Mandate
August 30, 2017
In submissions to a joint committee in Australia exploring the establishment of a corporate reporting regime on forced labor in global supply chains, companies and business groups expressed their broad support for mandatory reporting, and in some cases for a "due diligence" law, but warned against measures that are "overly prescriptive" and costly.