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UN Launches Platform for SDG Funding
October 19, 2016
At a recent meeting of government finance and foreign affairs officials, UN Secretary-General Ban Ki-moon announced the launch of a Financial Innovation Platform that would steer trillions of dollars in the financial sector toward fulfillment of the UN's comprehensive Sustainable Development Goals.
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UN Climate Deal Crosses Approval Threshold
October 19, 2016
Reuters reports that, following formal approval by the EU, Canada, Bolivia, and Nepal, the UN's Paris climate pact has crossed the threshold of supporting countries needed to enter into force and will take effect beginning on November 4, at which point it will become more difficult for countries that have agreed to the deal to extricate themselves from the agreement.
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Development Banks Release Comprehensive SDG Agenda
October 19, 2016
The International Monetary Fund and a group of major multinational development banks, including the World Bank, have published a statement in which they pledge to work toward a comprehensive agenda toward fulfilling the UN Sustainable Development Goals for the year 2030, including by creating "green" pathways for their future finance operations.
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IMF Event Includes Call for Global Review of Monetary Policy
October 19, 2016
At a recent International Monetary Fund seminar that focused on the effects of the policies of central banks on "emerging economies," former Reserve Bank of India Governor Duvvuri Subbarao supported the development of a global body that would review whether authorities properly assess the international impacts of their national monetary policy decisions.
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WEF Launches Center for Global Governance of Technology
October 19, 2016
The World Economic Forum has launched its Center for the Fourth Industrial Revolution in San Francisco to develop policy frameworks for the governance of future technological breakthroughs.