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NGO Develops Rules for Global BHR Arbitration
December 18, 2017
In November, the think tank Hague Institute for Global Justice launched a project to create global rules, developed in consultation with businesses and human rights activist groups, under which an international arbitration mechanism would resolve disputes related to the UN Guiding Principles on Business and Human Rights (BHR).
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World Bank Calls for Ambitious Carbon Taxation
December 15, 2017
In November, the World Bank released a report placing pressure on governments around the world to tax corporate greenhouse gas emissions to fulfill the goals of the UN's Paris climate agreement, asserting that the $52 billion in value of emissions taxation in 2016 is nowhere close to the level needed to combat global warming.
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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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NGOs Promote Climate Disclosures to Stock Exchanges
December 14, 2017
The Global Reporting Initiative and the Carbon Disclosure Standards Board co-hosted a workshop for stock exchange leaders to promote the implementation of the reporting guidelines introduced this year by the Task Force on Climate-related Financial Disclosures.
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