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UNEP Signs NY Fund to "Decarbonization" Program
January 27, 2017
The UN Environment Programme (UNEP) has announced that the New York State Common Retirement Fund, the third-largest pension fund in the US, is joining UNEP's Portfolio Decarbonization Coalition, a group of institutional investors that have pledged to gradually transfer a substantial portion of their investments to climate-friendly assets.
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WTO Members Facilitate "Compulsory" Drug Licensing
January 27, 2017
The World Trade Organization (WTO) has announced the entry into force of an amendment to its rules on Trade Related Aspects of Intellectual Property Rights (TRIPS) allowing governments to issue "compulsory licenses" permitting manufacturers of generic drugs to produce drugs at low prices for export to poor countries without the consent of the original drug developer.
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Global Bodies Develop Tool for Corporate Tax Regimes
January 27, 2017
The Platform for Collaboration on Tax, an initiative formed by a group of international financial institutions and the UN, is seeking public comments on its "draft toolkit" guiding poor countries to clamp down on "aggressive" corporate tax planning by developing mechanisms to scrutinize "transfer pricing" as set by corporations.
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WEF Panel Calls for Carbon Taxation
January 26, 2017
At its 2017 meeting, the World Economic Forum hosted former UN climate official Christiana Figueres and other contributors for a panel on the importance of establishing taxation around the world on greenhouse gas emissions to fulfill the UN climate deal agreed in Paris in 2015.
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ILO Chief: Build Economic Growth on Labor Rights
January 26, 2017
The Director-General of the UN's International Labour Organization (ILO) Guy Ryder has published an article calling on participants at the 2017 World Economic Forum gathering to pursue "internationally-accepted principles and rights" on social protection and labor rights as a basis for economic growth.
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