Group items tagged

"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.

"We therefore, recommend the following: (1) there must be transparent and effective national forest governance structures, (2) there must be Respect for the knowledge and rights of indigenous peoples and local communities, (3) there must be the full and effective participation of all relevant stakeholders, specifically affected local communities and (4) there must be Conservation of natural forests and biological diversity," the group amongst other things added.

The proposed deal was between the Liberian government and Carbon Harvesting Corporation (CHC). CHC sought a 400,000-hectare forest concession, or one fifth of Liberia's forests, from which to sell carbon credits. One news report explained that this deal could have bankrupted Liberia, which is still recovering from years of violent civil war.