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CI Editorial

Rio+20: Campaign pressures corporate sector to change its destructive ways | Guardian S... - 0 views

  • "There is no point in asking for change at a macro or sector level without also targeting change at the agent level. We have a serious agency problem. Corporations are 60% of GDP and 70% of global employment and left to themselves, 'Corporation 1920' type companies are unlikely to create the green economy. As the saying goes, turkeys don't vote for Christmas.
  • In the world of Corporation 2020, financial leverage would be limited by regulations that align corporate interests better with societal goals such as financial and economic stability. At present, this task is left largely to investors, with fund managers becoming the unlikely conscience-keepers of society. This is an unwise situation, to say the least.
  • the imposition of taxes on resource extraction, for businesses to be transparent about their impacts on society, and the creation of rules to make companies more accountable in the way they advertise products and services.
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  • Taxes on resource extraction
  • Reporting
  • Accountable advertising
CI Editorial

Rio Earth summit: theatrics, but no big agreements | Nation & World | The Seattle Times - 0 views

  • Proposals set out at the beginning, such as providing universal energy access and doubling renewables by 2030, were left on the cutting-room floor.
  • Conservation International Vice President Carlos Manuel Rodríguez said he was encouraged that Scandinavian leaders pledged support for systems that would place an economic value on clean waterways, intact forests and other important ecosystems.
  • Grenada announced its transport and electricity sectors will use only clean-energy sources by 2030; Unilever promised to cut its greenhouse-gas emissions in half by 2020.
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  • Secretary of State Hillary Rodham Clinton addressed delegates Friday, in Obama's place. She spoke of forging partnerships that would harness "the power of the market" rather than relying solely on governmental action. "It should be said of Rio that people left here thinking, as the late Steve Jobs put it, not just big, but different."
CI Editorial

OECD launches 'green economy' consultation with developing countries - SciDev.Net - 0 views

  • Turok pointed out that the mechanisms proposed for achieving the green economy — including markets and pricing, government subsidies and regulation, government investment, capacity building, and stakeholder partnerships and collaboration — contradicted each other.
  • "If African countries don't [value and deploy their natural resources] they will have more foreigners grabbing their assets."
  • value
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  • Both Urama and Tomasi said that the green economy's nebulous definition could be advantageous, because it would enable nations to define it for themselves and to plan how to achieve it according to their specific circumstances.
CI Editorial

World Environment News - Diplomats agree on 'weak' text for Rio+20 green summit - Plane... - 0 views

  • The text "has too much 'take note' and 'reaffirm' and too little 'decide' and 'commit'. (The) big task now for U.N. nations to follow up" on this, she added.
  • Expectations were low for the summit because politicians' attention is more focused on the euro zone crisis, a presidential election in the United States and turmoil in the Middle East than on the environment
  • The draft text omitted a clause calling for governments to phase out fossil fuel subsidies, which have nearly tripled since 2009, despite a pledge by G20 countries to eliminate them.
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  • Oil producing countries, including the United States, Venezuela and Canada, blocked inclusion of the clause, despite a huge social media push on Monday to include phase-out language in the text, with over 100,000 tweets on Twitter with the hashtag #endfossilfuelsubsidies.
  • An eagerly awaited decision on a governance structure for the high seas was also postponed for three years, after the United States, Japan, Canada, Russia and Venezuela opposed strong language to implement it.
  • "There's no commitment - it's like telling your girlfriend you promise to decide in three years whether or not to decide, whether or not to get married," said Susanna Fuller of the High Seas Alliance, a coalition of NGOs.
  • Measures already underway in major cities, the mayors said, are on track to reduce their combined emission of greenhouse gases by 248 million tons by 2020, an amount equal to the current annual emissions of Mexico and Canada together.
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