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Chinese Banks, EIB Launch "Green Bonds" Initiative
April 04, 2017
Two central banks in China and the European Investment Bank (EIB) have announced a joint initiative to strengthen confidence in the classification and accountability of "green bonds" in China, used by countries to divert investment toward renewable-energy projects in line with the UN climate deal agreed in Paris in 2015.
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Lawyers Advocate Global BHR Arbitration Rules
April 03, 2017
A group of lawyers has published an article calling for the development of global Business and Human Rights (BHR) Arbitration Rules, a system in which multinational corporations would agree to BHR terms in their contracts, and require them in those of their suppliers, forcing them to arbitrate disputes with alleged victims of their human rights impacts around the world.
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EP Adopts Conflict Minerals Law to Address BHR Concerns
April 03, 2017
The European Parliament (EP) has passed a law as part of its business and human rights (BHR) agenda requiring European mineral importers to ensure that they are not contributing to armed conflicts in certain parts of Africa.
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Kenya Heeds UN Pressure on Plastic Policy
April 03, 2017
The UN Environment Programme has announced that, in support of the agency's "war on plastic" campaign, the Government of Kenya has launched "a ban on the use, manufacture and import on all plastic bags" to prevent environmental damage in the country and help fulfill the UN's environmental and ocean governance agenda.
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Germany Plans G20 Push for Global Carbon Tax
April 03, 2017
The BBC reports that Germany's director general of energy policy Thorsten Herdan has indicated his government will use its term as president of the Group of 20 countries (G20) to push members to establish a transnational carbon "price," which would amount to a global tax on the corporate use of fossil fuels.
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