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Islands Plan Push for Global Climate Liability
October 19, 2017
Reuters reports that, following a series of devastating hurricanes in the Gulf of Mexico this year, island nations are likely to raise at a global climate summit in November the imposition of legal obligations on developed countries - and potentially large energy companies - to pay poor countries for damage from extreme weather events perceived to be linked to global warming.
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Germany, France Cooperate on Emissions Taxes
October 19, 2017
Reuters reports that German and French environment officials have announced their cooperation on launching "a reliable regulatory framework at European level" for encouraging renewable energy projects and raising taxes on corporate emissions of greenhouse gases.
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UNGC Summit Prioritizes Corporate SDG, Climate Action
October 19, 2017
The UN Global Compact's (UNGC) description of its recent Leaders Summit on the sidelines of the UN General Assembly meeting in September illustrates the organization's all-in approach to enhancing pressure on corporations to contribute to the fulfillment of the UN's comprehensive Sustainable Development Goals (SDGs) and to the Paris climate deal agreed in 2015.
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OECD Tracks Progress in Global Tax Cooperation
October 19, 2017
The Organisation for Economic Co-operation and Development (OECD) has released its first set of peer reviews tracking individual countries’ alignment with commitments made under the Base Erosion and Profit Sharing (BEPS) Project to coordinate tax policies that govern where profits are reported.
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UN Agent Rallies World to Fulfill Development “Right”
October 19, 2017
UN Special Rapporteur on the right to development Saad Alfarargi has released a report calling on development and business leaders to align all work with the “right” of all people to development in line with the Sustainable Development Goals, Paris agreement on climate change, and other global frameworks.
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