Trade & Investment

Fair Tax Plan Could Prejudice Global South

An agreement between 136 countries aimed at forcing the world’s biggest companies to pay a fair share of tax has been condemned by critics who say it will benefit richer states at the expense of the global South.

Stop Calling the Military Budget a ‘Defense’ Budget

It’s bad enough that mainstream news outlets routinely call the Pentagon budget a “defense” budget. But the fact that progressives in Congress and even many antiwar activists also do the same is an indication of how deeply the mindsets of the nation’s warfare state are embedded in the political culture of the United States.

The End of World Bank’s “Doing Business Report”: A Landmark Victory for People & Planet

The September 16, 2021 announcement from the World Bank that it had discontinued publication of the Doing Business Report (DBR) marked a major victory for people and planet.

With the World Bank’s “Doing Business” Out of Business, What Should Come Next?

Last week the World Bank announced it was “discontinuing” its “Doing Business” report, which ranks countries on the ease of opening and operating a company.

Allow Least Developed Countries to Develop

The pandemic is pushing back the world’s poorest countries with the least means to finance economic recovery and contagion containment efforts. Without international solidarity, economic gaps will grow again as COVID-19 threatens humanity for years to come.

World Bank Looks to Trains in Argentina’s Climate Battle

Argentina will receive a 347 million dollar loan from the World Bank to upgrade one of the most important suburban railway lines in the city of Buenos Aires. The operation is part of the multilateral lender’s new policy, which deepens its commitment to the fight against climate change.

African Farmers Could Benefit from More Friendly EU Agriculture Policies

Gilbert Bor manages a small farm in the western highlands of Kenya. Landscapes are hilly, village roads lined with pine trees, his cows mostly of the Friesian breed. He is up at 6:00am daily to lead his animals through the woods into the valley below.

China Struggles with Socio-environmental Standards in Latin America

In southeast Mexico, work on the Yucatan Solar Park, owned by the Chinese company Jinko Solar, has been halted since 2020 for lack of proper consultation with indigenous communities, after affected local residents filed an injunction against the project.

Stepping Up to Meet Low-Income Countries’ Pandemic Recovery Needs

Low-income countries have been hard hit by the pandemic. Their large financing needs are only likely to grow as they deal with the crisis and its economic aftermath.

Why is the UK Government Turning off the Tap During a Global Pandemic?

The UK government’s decision to reduce its Official Development Assistance (ODA) budget from 0.7% of gross national income (GNI) to 0.5% -- a cut of around £4 billion this year -- was confirmed last week by a majority of 35 votes in a House of Commons vote.

Caribbean aims to Turn Foul-smelling, Enviro Problem Sargassum Seaweed into High-Value Products

A regular visitor to the islands of the Caribbean has become a dreaded nuisance over the past ten years. The sargassum seaweed that typically washes ashore now arrives each year in overwhelming, extraordinary amounts for reasons that are not entirely clear.

Pacific Islands Making the Move to Electronic Data Collection

Between 2010 and 2020, many Pacific Islands and Territories have updated their traditional data collection processes, embracing new technologies. The island nations Kiribati and Vanuatu, among others, successfully switched to computer-assisted personal interviewing (CAPI), a new data management system and a survey monitoring dashboard. The innovations implemented with support from the Pacific Community helped to weather the impact of the pandemic on census activities and to become fit for the purpose of tracking the Sustainable Development Goals (SDGs).

Weaponizing Science in Global Food Policy

In July, the United Nations will convene “Science Days”, a high-profile event in preparation for the UN Food Systems Summit later this year. Over the course of two days, the world will be treated to a parade of Zoom sessions aimed at “highlighting the centrality of science, technology and innovation for food systems transformation.”

Three Million in Three Years: Jamaica’s Tree-Planting to Tackle Climate Change

By the time he is finished, Dr. Satyanarayana Parvataneni expects he will be responsible for planting over 200,000 tree seedlings in Jamaica. It is an effort driven by a desire to preserve the planet for the next generation, as well as the one of the largest contributions to date to a national effort to plant three million trees in three years.

Education Cannot Wait for Refugee Children in Crisis, says Yasmine Sherif

With financing, the number of out-of-school refugees could be reduced to zero, Yasmine Sherif, Director of Education Cannot Wait (ECW) says, as the world commemorates World Refugee Day.

To Fund Grand Inga Using Green Hydrogen, Equity and Ethics Matter

Visions of Grand Inga, a proposed massive hydropower plant in the Democratic Republic of Congo (DRC) powering much of Africa, have excited energy experts, investors, and governments for decades.  The announcements this week by the Australian company, Fortescue Metals Group, and its chairman, billionaire Andrew Forrest, of their plans to develop Inga for green hydrogen exports brings this vision a little closer to reality. 

World Military Spending Rises to a Hefty $2.0 Trillion Despite UN Pleas for Cutbacks

The United Nations-- which is desperately seeking funds to help developing nations battling a staggering array of socio-economic problems, including extreme poverty, hunger, economic inequalities and environmental hazards-- has continued to be one of the strongest advocates of disarmament.

Another False Start in Africa Sold with Green Revolution Myths

Since the Alliance for a Green Revolution in Africa (AGRA) was launched in 2006, yields have barely risen, while rural poverty remains endemic, and would have increased more if not for out-migration.

Only Multilateral Cooperation Can Stop Harmful Tax Competition

US Treasury Secretary Janet Yellen has urged all governments to support a global minimum corporate tax rate of at least 21%. The US is working with other G20 nations to get other countries to end the “thirty-year race to the bottom on corporate tax rates”.

Farming-Specific Loans Help Tanzania’s Smallholders Increase Productivity

Small agricultural loans, disbursed through mobile phones and targeting specific farming activities at different phases of production, have more than doubled food productivity among thousands of smallholder farmers in southern and central parts of Tanzania over the past three years, improving their livelihoods.

Developing Countries COVID-19 Debt Crisis Could Put SDGs & Climate Agreement Completely Out of Reach

The inability of developing nations to spend on post COVID-19 recovery and resilience has placed the world on the "the verge of a debt crisis". “We face the spectre of a divided world and a lost decade for development,” United Nations Secretary-General António Guterres said on Monday, Mar. 29, during a high-level meeting on financing development post COVID-19.

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