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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
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AFP: Business chiefs pledge to value earth's natural assets - 0 views

  • Some 39 chief executives of banks, investment funds and insurance firms Saturday pledged at a Rio+20 business forum Saturday to integrate the Earth's natural capital into loans and investments.
  • Twenty years after the first Earth Summit highlighted the importance of the natural environment, they unveiled a "Natural Capital Declaration" that commit their companies also to reporting or disclosing on the theme of natural capital and accounting for natural capital in accounting frameworks.
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Rio+20 Negotiators Report 'Progress,' NGOs Call It 'Weak' - 0 views

  • More than 55,000 people from around the world and all walks of life are attending the summit. Some 130 world leaders are expected to participate in three-days of high-level talks opening June 20 that will result in a outcome document on sustainable development.
  • Rio+20 marks the 20th anniversary of the original UN Earth Summit in Rio, where countries agreed to a roadmap for environmental protection, economic growth, and social equity known as Agenda 21.
  • "The planet is running out of time - yet leaders are answering with weak words that don't even come close to the kind of commitments we need to ensure people everywhere have access to clean water, food, and energy," said Jim Leape, director general of WWF International.
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  • "the inter-linkages between food, water and energy,"
  • ocean protection
  • "Organizations are working to have strong text adopted on sustainable fisheries and small islands developing states, on really tackling illegal fishing, and a strong text on fisheries subsidies," she told reporters last week. "There's a good chance on there will be something on a high seas legal framework to protect areas of the high seas that are beyond national jurisdictions," she said. "Only the United States and Russia are opposed."
  • On Saturday, more than 80 countries, civil society groups, private companies and international organizations declared their support for the new Global Partnership for Oceans
  • Conservation International
  • While fostering a global green economy has been a key goal of the UN Environment Programme for Rio+20, thousands of women this morning held a march in protest of the green economy, saying it does not go far enough and relies on the exploitation of women.
  • capitalism that values only what can be bought and sold.
  • youth delegates appeared with duct tape over their mouths to dramatize their request that the United Nations establish a high commissioner for future generations.
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How Much Is Nature Worth? About $72 Trillion a Year - 0 views

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    Without Earth's ecosystems, human life could not exist. But is there any way to place a monetary value on the "services" that the Earth provides civilization and human enterprises? And is there any value in pursuing such an exercise?
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    Very exciting that so many major companies are involved. Thanks for posting!
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