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		<title>Private Sector Needed as Addressing Education in Emergencies is Everyone’s Business</title>
		<link>https://www.ipsnews.net/2022/05/private-sector-needed-as-addressing-education-in-emergencies-is-everyones-business/</link>
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		<pubDate>Mon, 23 May 2022 18:21:41 +0000</pubDate>
		<dc:creator>Joyce Chimbi</dc:creator>
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		<guid isPermaLink="false">https://www.ipsnews.net/?p=176194</guid>
		<description><![CDATA[Against a backdrop of ongoing social changes, education is becoming increasingly important for success in life. But with disasters, pandemics, armed conflicts, and political crises forcing children out of school, a future of success is often placed far out of reach. Despite data showing the number of children living in the deadliest war zones rising [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="300" src="https://www.ipsnews.net/Library/2021/10/bo-JMINR_400x400-300x300.jpeg" class="attachment-medium size-medium wp-post-image" alt="The Director of Education Cannot Wait, Yasmine Sherif, addressed a high-level panel at the World Economic Forum in Davos. She said private sector financing of education in crises was a critical component of ensuring quality education for all. Credit: ECW" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2021/10/bo-JMINR_400x400-300x300.jpeg 300w, https://www.ipsnews.net/Library/2021/10/bo-JMINR_400x400-100x100.jpeg 100w, https://www.ipsnews.net/Library/2021/10/bo-JMINR_400x400-144x144.jpeg 144w, https://www.ipsnews.net/Library/2021/10/bo-JMINR_400x400.jpeg 400w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">The Director of Education Cannot Wait, Yasmine Sherif, addressed a high-level panel at the World Economic Forum in Davos. She said private sector financing of education in crises was a critical component of ensuring quality education for all. Credit: ECW</p></font></p><p>By Joyce Chimbi<br />Davos, May 23 2022 (IPS) </p><p>Against a backdrop of ongoing social changes, education is becoming increasingly important for success in life. But with disasters, pandemics, armed conflicts, and political crises forcing children out of school, a future of success is often placed far out of reach.<span id="more-176194"></span></p>
<p>Despite data showing the number of children living in the deadliest war zones rising by nearly 20 percent, according to Stop the <a href="https://resourcecentre.savethechildren.net/document/stop-the-war-on-children-a-crisis-of-recruitment/">War on Children: A Crisis of Recruitment</a> 2021 report, education in emergencies is a chronically underfunded aspect of humanitarian aid.</p>
<p>Speaking today at the backdrop of a high-level panel titled Education in Times of Crisis: How to Ensure All Children are Learning. Why Cross-Sectoral Engagement is Needed at the World Economic Forum, <a href="https://www.educationcannotwait.org/">Education Cannot Wait (ECW) Director Yasmine Sherif</a> stresses the urgent need to engage the private sector better.</p>
<p>“Private sector has a hugely important and instrumental role to play to address the education for an estimated 222 million children and adolescents in countries affected by climate-induced disaster and conflict,” says Sherif.</p>
<p>“We live in a world of huge socio-economic inequities, and those who have, need to share with those who do not have. It starts with financial resources. This is why ECW is part of the ongoing <a href="https://www.weforum.org/events/world-economic-forum-annual-meeting-2022">World Economic Forum</a> because there is a huge private sector audience, and we are engaging with them to get them to rally (behind education).”</p>
<p><a href="https://www.eda.admin.ch/eda/en/fdfa/fdfa/organisation-fdfa/directorates-divisions/sdc.html">The Swiss Agency for Development and Cooperation (SDC) organized the panel</a>.</p>
<p>Panel discussions were opened by President of the Swiss Confederation Ignazio Cassis and included Sherif, <a href="https://jacobsfoundation.org/en/">Jacobs Foundation</a> co-CEO Fabio Segura, Ramin Shahzamani,CEO <a href="https://www.warchildholland.org/">War Child Holland</a>, and the Director-General of Swiss Development and Cooperation (SDC), Patricia Danzi.</p>
<div id="attachment_176210" style="width: 310px" class="wp-caption alignright"><img fetchpriority="high" decoding="async" aria-describedby="caption-attachment-176210" class="size-full wp-image-176210" src="https://www.ipsnews.net/Library/2022/05/Ambassador-Patricia-Danzi__.jpg" alt="" width="300" height="300" srcset="https://www.ipsnews.net/Library/2022/05/Ambassador-Patricia-Danzi__.jpg 300w, https://www.ipsnews.net/Library/2022/05/Ambassador-Patricia-Danzi__-100x100.jpg 100w, https://www.ipsnews.net/Library/2022/05/Ambassador-Patricia-Danzi__-144x144.jpg 144w" sizes="(max-width: 300px) 100vw, 300px" /><p id="caption-attachment-176210" class="wp-caption-text">Director-General of Swiss Development Cooperation Patricia Danzi said the long-term education crisis also needed addressing, and private sector participation would assist ensuring the mismatch between business needs and skills could be addressed.</p></div>
<p>Danzi tells IPS that governments cannot support education alone, and more so, education in emergencies where millions of children are out of school.</p>
<p>“We need other actors to take responsibilities, mobilize, and we need this scaling of other actors as quickly as possible.”</p>
<p>“There are two scenarios where private sector engagement is needed, in emergency situations such as war, a pandemic or disaster where you need money quickly, and this is philanthropy. We also have long-term education crises. This includes a mismatch of jobs and skills. Here the private sector requires a certain skill set that the education system cannot provide – and this goes beyond a crisis.”</p>
<p>Danzi said the mismatch was due to various reasons, including basic education inadequacies, access to (quality) education not guaranteed, or not enough girls being in school.</p>
<p>Sherif agrees, stressing that the focus is on quality education in countries in conflict with large numbers of refugee and internally displaced children.</p>
<p>“Funding and financing are a very big issue here. The private sector is very important because they have the finances required, and we need to get them on board.”</p>
<p>“Education cannot wait,” she says. There is an urgent need for more financial assistance from the private sector because this will make a difference and place SDG 4 and other related SDGs firmly within reach.</p>
<p>Segura says the participation and contribution of the private sector have other advantages.</p>
<p>“One of the things we have learned is that it is not just the financing of the gap in education but the logic and the thinking that the private sector can bring or contribute to managing education and scaling education solutions. That logic, thinking, and intellectual capital are critical even though we do not often discuss education matters in the private sector.”</p>
<p>In emergencies and conflict, the private sector could play a role in scaling what works.</p>
<p>“Also (it can) maintain a line of thinking that will prevail beyond the conflict or emergency situation. We have also learned that the private sector has a way of maintaining consistency beyond situations of emergency and conflict. We need to tap into that logic and their array of resources and infrastructure to finance the gap in education in conflict and emergency education.”</p>
<div id="attachment_176211" style="width: 310px" class="wp-caption alignleft"><img decoding="async" aria-describedby="caption-attachment-176211" class="size-full wp-image-176211" src="https://www.ipsnews.net/Library/2022/05/Fabio-Segura__.jpg" alt="" width="300" height="300" srcset="https://www.ipsnews.net/Library/2022/05/Fabio-Segura__.jpg 300w, https://www.ipsnews.net/Library/2022/05/Fabio-Segura__-100x100.jpg 100w, https://www.ipsnews.net/Library/2022/05/Fabio-Segura__-144x144.jpg 144w" sizes="(max-width: 300px) 100vw, 300px" /><p id="caption-attachment-176211" class="wp-caption-text">Jacobs Foundation co-CEO Fabio Segura stressed the need to look at the contribution of education in business and, at the same time, look at the contribution of business to education.</p></div>
<p>Segura stresses the need to look at the contribution of education in business and, at the same time, look at the contribution of business to education. This, he says, makes a case for engagement beyond capital and financing in emergencies as it means expanding horizons for investments and horizons for education returns.</p>
<p>As recent as <a href="https://en.unesco.org/news/617-million-children-and-adolescents-not-getting-minimum-reading-and-math">2017</a>, and before the complexities introduced into global education by COVID-19, an estimated 262 million children in school were not learning basic skills like reading and writing, according to UNESCO.</p>
<p>“Access to education is critical, and we owe it to the next generation to be well educated. When a child goes to school longer, an opportunity for prosperity is higher for individuals, households, and society,” Danzi emphasizes.</p>
<p>Cross-sectoral engagement is needed to shape the future of learning and development by accelerating the speed of response in crises and helping connect immediate relief and long-term interventions to provide a safe, quality, and inclusive learning environment for affected children.</p>
<p>“We are in a time where all of the funding gaps to achieve SDGs are becoming very obvious, especially post-COVID-19, and so we have to redefine the role of philanthropies, government, business, and private sector in profiting from achieving those objectives that also allows us to cooperate better across sectors to achieve better goals,” he observes.</p>
<p>Sherif says the private sector has resources. They need to join forces with public donors, especially against a backdrop of substantial socio-economic inequities in the world and countries like Mali, Burkina Faso, and Cameroon that lack resources to finance education because of a history of conflict.</p>
<p>Sherif will also be speaking at another high-level panel discussion titled Neutral Ground: Education in Emergencies-Building Blocks for a Safer Future on Tuesday, May 24, 2022, highlighting the central role of education in facilitating success for children and youth in their diversity. This is a joint event by The LEGO Foundation, Street Child International, and ECW. The panel features Sherif; Chair of Learning through Play, The LEGO Foundation, Bo Stjerne Thomsen; CEO &amp; Founder-Street Child International Tom Dannatt; Deloitte Representative/Moderator Melissa Raczak.</p>
<p>IPS UN Bureau Report</p>
<p>&nbsp;</p>
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		<title>OPINION: For the Good of Humanity – Towards a Culture of Caring</title>
		<link>https://www.ipsnews.net/2015/01/opinion-for-the-good-of-humanity-towards-a-culture-of-caring/</link>
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		<pubDate>Tue, 13 Jan 2015 12:46:56 +0000</pubDate>
		<dc:creator>Andrew MacMillan</dc:creator>
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		<guid isPermaLink="false">http://www.ipsnews.net/?p=138580</guid>
		<description><![CDATA[In this column, Andrew MacMillan, former director of the Field Operations Division of the U.N. Food and Agriculture Organization (FAO) and joint author with Ignacio Trueba of ‘How to End Hunger in Times of Crises’, argues that behind the so-called success of globalisation lie problems that are “taken for granted” and little thought is given to how it can be better managed to serve the interests of people.]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><p class="wp-caption-text">In this column, Andrew MacMillan, former director of the Field Operations Division of the U.N. Food and Agriculture Organization (FAO) and joint author with Ignacio Trueba of ‘How to End Hunger in Times of Crises’, argues that behind the so-called success of globalisation lie problems that are “taken for granted” and little thought is given to how it can be better managed to serve the interests of people.</p></font></p><p>By Andrew MacMillan<br />ROME, Jan 13 2015 (IPS) </p><p>About a week ago my wife was taken to hospital and diagnosed with pneumonia. She was promptly treated with antibiotics and, wonderfully, is now on the mend.<span id="more-138580"></span></p>
<p>What has struck me about this experience is not so much the high professionalism of the health workers or their up-to-date hospital equipment but the fact that she has become immersed in what can best be described as “a culture of caring”.</p>
<div id="attachment_138581" style="width: 235px" class="wp-caption alignleft"><a href="https://www.ipsnews.net/Library/2015/01/Andrew-MacMillan.jpg"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-138581" class="size-medium wp-image-138581" src="https://www.ipsnews.net/Library/2015/01/Andrew-MacMillan-225x300.jpg" alt="Andrew MacMillan" width="225" height="300" srcset="https://www.ipsnews.net/Library/2015/01/Andrew-MacMillan-225x300.jpg 225w, https://www.ipsnews.net/Library/2015/01/Andrew-MacMillan-354x472.jpg 354w, https://www.ipsnews.net/Library/2015/01/Andrew-MacMillan.jpg 360w" sizes="auto, (max-width: 225px) 100vw, 225px" /></a><p id="caption-attachment-138581" class="wp-caption-text">Andrew MacMillan</p></div>
<p>She and the other patients in her ward are looked after round the clock by an extraordinary team of state-employed nurses in a quiet, efficient and courteous way that inspires confidence.</p>
<p>I suppose that there is nothing particularly unusual about this. Caring for others is a very natural human trait. Everywhere, mothers care for their children; sons and daughters care for their aging parents; and neighbours rush to help each other when they hit problems.</p>
<p>Perhaps, however, “modern” societies – if one dares to generalise about them – are driven more by the quest for individual material wealth than by any widely expressed wish to do things for the general good of humanity.</p>
<p>Unless you live in Bhutan, your country’s performance is measured not in terms of the happiness of its people but by the growth of its Gross Domestic Product; bankers and businessmen reward themselves with salary bonuses rather than with extra time with their families; and those who enjoy the highest pinnacles of wealth vie with each other over the size of their fleet of private jets or the tonnage of their personal yachts.</p>
<p>The idiosyncrasies of the super-rich and celebrities would not matter much if they had not become the new role models for people who aspire to “do well” in life and if their wealth did not entitle them to a voice in the corridors of world power. It seems odd that Presidents and Prime Ministers flock each year in January to [the <a href="http://www.weforum.org/history">World Economic Forum</a> in] Davos to rub shoulders with the rich and famous, but perhaps this is simply a tacit admission of the influence that the latter have.“I believe that most people, at heart, want to see globalisation bring greater fairness and justice <br />
even if this comes at the partial expense of our own material well-being”<br />
<br /><font size="1"></font></p>
<p>Much of the recent material gains all around the planet is the result of the processes of globalisation that have successfully combined inventiveness, capital, low-cost but increasingly skilled labour and cheap transportation in new ways that have flooded the world’s markets with an amazing array of tantalising goods.</p>
<p>This apparent success of globalisation, however, may distract political attention from the idea that it could perhaps work better in everyone’s interest.</p>
<p>It seems absurd that 6 billion mobile phones have been produced and sold but 800 million people still go hungry every day; that, as people travel further, faster and more frequently, diseases such as Ebola spread more rapidly and more widely but the institutions responsible for protecting us from increased threats remain desperately under-funded; and that governments hesitate to upset their voters by acting to trim greenhouse gas emissions while, as predicted, the increasing frequency of extreme weather events is repeatedly wreaking havoc upon the unfortunate.</p>
<p>We tend to take these problems for granted rather than face up to the need to identify how to best manage globalisation in the interests of humanity.</p>
<p>I believe that most people, at heart, want to see globalisation bring greater fairness and justice even if this comes at the partial expense of our own material well-being.</p>
<p>I do not think that there are many people who, if asked, would want to see others starve for lack of food, who welcome greater weather instability or who think that it is right that their children should suffer from the environmental damage that results from our unsustainable lifestyles.</p>
<p>In a sense, President Lula of Brazil put this idea to the test during his successful 2002 campaign. Breaking out of the normal political mould, he did not promise his voters higher incomes but simply pledged that all Brazilians would enjoy three meals a day by the end of his term in office.</p>
<p>He unveiled his Zero Hunger Programme on his first day as President, with the State assuming the responsibility for assuring that all the poorest families in the country could fulfil their right to food. There was huge outpouring of popular support for his efforts to create the more just and equitable society that has now emerged.</p>
<p>What many of us would like to see is the emergence of a new international consciousness of social justice similar to that proposed by Lula and embraced by Brazilians twelve years ago.</p>
<p>It must be founded on a growing public recognition of the unique role that multilateral institutions have to play in ensuring that globalisation is harnessed to benefit all people, especially the poorest of the poor. It must also assure greater inter-generational fairness in the use of our planet’s scarce resources.</p>
<p>Nowhere is the need for greater fairness more apparent than in the realm of food management – where we face a crazy situation in which, though ample food is produced, the health of more than half the world’s population is now damaged by bad nutrition.</p>
<p>It is fitting that the Secretary-General of the United Nations, Ban Ki-moon, should have launched his personal “Zero Hunger Challenge” in Brazil in 2012 when he called for the elimination of hunger “within my lifetime”.</p>
<p>The fact that the current Director-General of the Food and Agriculture Organization (FAO) – the United Nations agency that that oversees global food management – is José Graziano da Silva, who was the Brazilian architect of Lula’s Zero Hunger Programme, inspires confidence that it will do all in its power to bring about a world without hunger.</p>
<p>We can already see a renewed FAO in action – committed to ending hunger and malnutrition, more focused in its goals, working as one and embracing partnerships for a better present and future. Four more years will allow Graziano da Silva to consolidate the transformations he has begun and realise their full effect to the benefit of the world´s poor and hungry.</p>
<p>Hopefully 2015 will be a year in which the world’s leaders will become the champions of the justice and fairness – the caring society that my wife has experienced – to which so many of us aspire.</p>
<p>At the very least, they should pick up the thought that, as in Brazil, it should be a perfectly normal function of any self-respecting government to ensure that all its people can eat healthily.</p>
<p>(Edited by <a href="http://www.ips.org/institutional/our-global-structure/biographies/phil-harris/">Phil Harris</a>)</p>
<p><em>The views expressed in this article are those of the author and do not necessarily represent the views of, and should not be attributed to, IPS &#8211; Inter Press Service. </em></p>
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</ul></div>		<p>Excerpt: </p>In this column, Andrew MacMillan, former director of the Field Operations Division of the U.N. Food and Agriculture Organization (FAO) and joint author with Ignacio Trueba of ‘How to End Hunger in Times of Crises’, argues that behind the so-called success of globalisation lie problems that are “taken for granted” and little thought is given to how it can be better managed to serve the interests of people.]]></content:encoded>
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		<title>Rouhani Reaches Out at Davos</title>
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		<pubDate>Thu, 30 Jan 2014 19:27:59 +0000</pubDate>
		<dc:creator>Djavad Salehi-Isfahani</dc:creator>
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		<description><![CDATA[Last week at the World Economic Forum in Davos, Switzerland, President Hassan Rouhani tried to persuade world business leaders to invest in Iran, especially in its hydrocarbon and automobile sectors.  His appeal is not likely to set off a gold rush; investors will wait to see if the nuclear agreement with the P5+1 is successfully [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p>By Djavad Salehi-Isfahani<br />WASHINGTON, Jan 30 2014 (IPS) </p><p>Last week at the World Economic Forum in Davos, Switzerland, President Hassan Rouhani tried to persuade world business leaders to invest in Iran, especially in its hydrocarbon and automobile sectors. <span id="more-130990"></span></p>
<div id="attachment_130992" style="width: 318px" class="wp-caption alignright"><a href="https://www.ipsnews.net/Library/2014/01/rouhani450.jpg"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-130992" class="size-full wp-image-130992" alt="Hassan Rouhani. Credit: Mojtaba Salimi/CC-BY-SA-3.0" src="https://www.ipsnews.net/Library/2014/01/rouhani450.jpg" width="308" height="450" srcset="https://www.ipsnews.net/Library/2014/01/rouhani450.jpg 308w, https://www.ipsnews.net/Library/2014/01/rouhani450-205x300.jpg 205w" sizes="auto, (max-width: 308px) 100vw, 308px" /></a><p id="caption-attachment-130992" class="wp-caption-text">Hassan Rouhani. Credit: Mojtaba Salimi/CC-BY-SA-3.0</p></div>
<p>His appeal is not likely to set off a gold rush; investors will wait to see if the nuclear agreement with the P5+1 is successfully concluded sometime this summer.</p>
<p>But broadening his call for engagement with the rest of the world beyond the nuclear deal indicates that his initiative is more than a charm offensive; it represents deeper social and economic change in Iran.</p>
<p>The implicit assumption behind the “charm offensive” discourse is that the Iranian leadership is only engaging in talks because it needs to gain some respite from sanctions to buy time to reach nuclear weapon capability.</p>
<p>But luring foreign investors into Iran does not fit well with that strategy because any gains would only become apparent after the nuclear deal is concluded and would be reversed as soon as the deal falls apart and sanctions are once again implemented.</p>
<p>From Rouhani’s perspective, an open invitation to foreign investors risks expanding the ranks of his domestic foes beyond the growing opposition to the nuclear deal. Why add Islamists and leftists opposed to the penetration of Western culture and capital unless he really believes he can turn Iran into a hospitable place for outside investment?</p>
<p>Mark Landler of the New York Times played down Rouhani’s appeal by noting its “eerie echo” to a similar pitch by former Iranian president Mohammad Khatami in 2004, which was followed by Mahmoud Ahmadinejad’s ascendance a year later and a decade of hostility.</p>
<p>Suggesting that Rouhani’s Davos promises might end similarly ignores several important differences between the two presidents and between the Iran of 2014 and that of 2004. Ignoring the obvious &#8212; in 2004 Khatami was on his way out while Rouhani is just starting his first term &#8212; there are at least two other distinctions.</p>
<p>Philosophically, Khatami and Rouhani share a moderate view of coexistence with the West, but when it comes to economic integration, they read from very different scripts.</p>
<p>Iran’s economy in 2014 bears little resemblance to that of a decade earlier. In 2004, thanks to a massive oil boom, Iran was bursting with economic optimism and feeling prosperous without foreign investment. Since the 1970s, except during the reconstruction period after the war with Iraq, Iran has not sought or depended on foreign investment for its economic growth. </p>
<p>Higher oil prices nearly tripled the oil revenues in Khatami’s last budget in 2004 compared to his first in 1998. Unemployment had been declining steadily, from 14.3 percent in 2000 to 10.3 percent in 2004, and inflation seemed low by today’s standards &#8212; averaging 14 percent per year instead of 35 percent in the last two years.</p>
<p>Today, after several years of harsh sanctions, Iran’s economy is in deep trouble and the government is broke. While <a href="http://djavadsalehi.com/2014/01/27/is-it-time-to-declare-the-war-on-irans-inflation-over/">inflation is coming down</a>, unemployment is still above 14 percent (above 25 percent for youth). The 4.2 billion dollars that the U.S. is releasing as part of the interim Geneva agreement adds only five percent to this year’s budget. It will not go very far in bringing public investment even close to its historical record of more than 15 percent of the GDP.</p>
<p>Public investment for the Iranian year starting this March is only 15 billion dollars, which is four percent of the GDP. It is not even enough to pay for the repair of &#8212; much less build new &#8212; public infrastructure or assist the private sector. The government actually owes private contractors about 20 billion dollars for work they have already performed on various public projects.</p>
<p>The private sector is also in a serious bind. In addition to unpaid government bills, the depressed economy has cut demand for its products, leaving many employers short of cash to even pay their workers. The auto industry, which was a focus of Rouhani’s appeal at Davos, is producing at less than half its capacity. The interim agreement restores the auto industry’s access to critical imports, but additional capital is what they need to create new jobs.</p>
<p>While financial necessity may be Rouhani’s reason for inviting foreign businesses to Iran, he also has reasons to be optimistic about the outcome of their engagement. First, he knows that more than three decades of revolutionary rhetoric and eight years of failed populist economic policies under President Ahmadinejad have tired out the general population and caused a major shift in the attitudes of Iran’s intellectual and technocratic classes.</p>
<p>There is now a wider consensus in favour of private enterprise and engagement with the global economy than during the time of the Shah. This is why Rouhani has the most pro-business economic team in Iran’s history.</p>
<p>Second, in the last 10 years, Iran’s workforce has become younger, better educated, and less expensive &#8212; all attractive features for foreign capital. The loss of value in Iran’s currency last year has brought labour costs in Iran below that of China. Were it not for their lower productivity, Iranian industrial workers would be able to outcompete East Asian workers. Foreign investment along with its superior technology and management is what Iran needs to raise its workers’ productivity.</p>
<p>The fate of global engagement for the Islamic Republic is not solely determined by these economic calculations. Many in the highest position of political power in Iran view rapprochement with the United States, which Rouhani considers a condition for meaningful global engagement, with deep suspicion.</p>
<p>They fear that hostility toward the Islamic Republic runs deeper than the nuclear issue. They point to new sanctions legislation before the U.S. Senate that requires Iran to make concessions unrelated to the nuclear dispute. A New York Times editorial did much to justify their fears by recommending that “Iran’s full reintegration into the international system” should depend on its “ending the hostility toward Israel.”</p>
<p>For Rouhani, after Davos, the path to global engagement remains uphill.</p>
<p><i>*Djavad Salehi-Isfahani conducts research on the economics of the Middle East and is currently a professor of economics at Virginia Tech. He is a nonresident senior fellow at the Brookings Institute and is also serving as the Dubai Initiative fellow at the Belfer Center for Science and International Affairs at Harvard University&#8217;s John F. Kennedy School of Government.</i></p>
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<li><a href="http://www.ipsnews.net/2013/07/rouhani-faces-tests-at-home-and-abroad/" >Rouhani Faces Tests at Home and Abroad</a></li>
<li><a href="http://www.ipsnews.net/2013/12/poll-finds-iranians-sceptical-rouhani-government/" >Poll Finds Iranians Sceptical of Rouhani Government</a></li>
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		<title>Big Gap Surfaces in Davos</title>
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		<pubDate>Fri, 24 Jan 2014 03:25:58 +0000</pubDate>
		<dc:creator>Ray Smith</dc:creator>
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		<guid isPermaLink="false">http://www.ipsnews.net/?p=130701</guid>
		<description><![CDATA[As self-appointed global leaders gather at the World Economic Forum (WEF) in Davos and discuss ‘The Reshaping of the World’, a stone&#8217;s throw away non-governmental organisations named this year&#8217;s winners for their dreaded Public Eye Awards. The jury chose the American textile giant Gap, while 95,000 online voters honoured the Russian energy company Gazprom. “Sadly, [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="168" src="https://www.ipsnews.net/Library/2014/01/IPS-publiceye3-300x168.jpg" class="attachment-medium size-medium wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2014/01/IPS-publiceye3-300x168.jpg 300w, https://www.ipsnews.net/Library/2014/01/IPS-publiceye3-1024x576.jpg 1024w, https://www.ipsnews.net/Library/2014/01/IPS-publiceye3-629x353.jpg 629w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">Liana Foxvog (left) and Kalpona Akter (right) plan to take the anti-award to Gap's headquarters in San Francisco Credit: Ray Smith/IPS.</p></font></p><p>By Ray Smith<br />DAVOS, Switzerland, Jan 24 2014 (IPS) </p><p>As self-appointed global leaders gather at the World Economic Forum (WEF) in Davos and discuss ‘The Reshaping of the World’, a stone&#8217;s throw away non-governmental organisations named this year&#8217;s winners for their dreaded Public Eye Awards.</p>
<p><span id="more-130701"></span>The jury chose the American textile giant Gap, while 95,000 online voters honoured the Russian energy company Gazprom.“Davos is the global showcase for symbolic policy where arsonists dress up as firemen for a few days.”<br /><font size="1"></font></p>
<p>“Sadly, there&#8217;s still a need for campaigns like ours that demand corporate accountability,” Silvie Lang said on behalf of the organisers, the Berne Declaration (BD), a Swiss NGO working for equitable North-South relations, and Greenpeace Switzerland.</p>
<p>“We are here to remind the corporate world and those hiding behind closed doors in Davos that the social and environmental consequences of their business activities affect not only people and the environment, but also the reputation of their company.”</p>
<p>Participating in the WEF is no option for the BD. “This kind of inclusion is far less effective than fundamental critique from outside,” its spokesperson Oliver Classen told IPS. “Davos is the global showcase for symbolic policy where arsonists dress up as firemen for a few days.”</p>
<p>This year, international NGOs proposed 15 nominees for the two shame awards, ranging from Glencore Xstrata and BASF as representatives of the extractive industry to pesticide producers and the U.S. garment company Gap. The latter was eventually chosen for the jury award.</p>
<p>On behalf of the jury, Greenpeace International executive director Kumi Naidoo said: “We shame Gap for its monstrous and disingenuous business practices consisting of hindering legally-binding agreements to substantially ameliorate working conditions.”</p>
<p>Gap declined to show up and receive the award. Instead, Kalpona Akter of the Bangladesh Centre for Worker Solidarity and Liana Foxvog of the International Labour Rights Forum (ILRF) collected the prize.</p>
<p>Akter, a relentless grassroots activist, is herself a former child garment worker. “I sewed clothing for multinational corporations and made less than 10 dollars a month for 450 hours of work,” she said. Today, the minimum wage in Bangladesh is 68 dollars a month. “Due to inflation, it&#8217;s not much more than I used to earn,” Akter said.</p>
<p>Her main concern isn&#8217;t the low wages, however. “When workers speak up with concern about safety risks, they aren&#8217;t listened to.”</p>
<p>Three years ago, 29 workers were killed in a fire at one of Gap&#8217;s Bangladeshi supplier factories. After that, labour groups and unions negotiated with Gap to put an end to the constantly climbing death toll in the garment industry.</p>
<p>In all 1,129 Bangladeshi workers died in a deadly fire in a garments factory last year.</p>
<p>In a press statement, Gap stressed that it is a founding member of the Alliance for Bangladesh Worker Safety: “The Alliance is a serious and transparent, binding commitment on the part of its members to make urgent improvements to worker safety in Bangladesh.”</p>
<p>For Foxvog, the Alliance is “hardly more than a facelift.” She vowed to take the award directly to the Gap headquarters in San Francisco.</p>
<p>“We don&#8217;t want the companies to leave our country,” Akter said. “We want jobs, but they must be jobs with dignity. Global corporations must stop profiting off this low-road system.”</p>
<p>A third of the 280,000 people taking part in the online voting chose the energy giant Gazprom for the people&#8217;s award. That was not surprising, as the company had been in the spotlight for the past few months.</p>
<p>In September, Russian security forces arrested 28 Greenpeace activists and two journalists during a protest against oil drilling at their offshore platform Prirazlomnaya. In December, Gazprom became the first company that started to drill oil in the Arctic.</p>
<p>According to Greenpeace, Prirazlomnaya is far from some ultra-modern drilling unit. The absence of a publicly available and convincing response plan for any oil spill in one of the world&#8217;s most extreme environments worries activists deeply.</p>
<p>Greenpeace argues that Gazprom&#8217;s reliance on traditional clean-up methods would simply not work under icy conditions.</p>
<p>IPS requested Gazprom to comment on receiving the anti-award for “irresponsible business conduct at the cost of people and the environment.” Gazprom spokesperson Sergey Kupriyanov did not elaborate on its response plan, but stressed that the company was fully committed to the highest ecological standards.</p>
<p>“Therefore we are quite puzzled by the decision of the Public Eye Awards jury which seems to be motivated by anything but ecological concerns,” Kupriyanov told IPS.</p>
<p>He said that the Prirazlomnaya platform had been specifically designed for operation in the most hostile climate. “The applied drilling techniques prevent subsurface water pollution and the mixing of drilling and production waste with sea water.</p>
<p>“Specially designed oil spill prevention and response plans ensure that the platform crew is well equipped for emergency situations,” Kupriyanov told IPS.</p>
<p>Greenpeace&#8217;s Naidoo said his organisation considered calling for a boycott of Gazprom and its partner Shell, who had last year received an anti-award in Davos. “Our peaceful protest in the Arctic raised a lot of awareness,” he told IPS. “About five million people have signed up for our Arctic campaign, while the best of it is yet to come.”</p>
<p>Using the shame award to raise further awareness may be easier for the organisations dealing with Gap, as its consumer base differs much from that of Gazprom. Nobody depends on Gap clothes, but many depend on Gazprom&#8217;s oil and gas.</p>
<p>Criticising the energy giant my fall on deaf ears. “Even Gazprom, Rosneft or Chevron aren&#8217;t completely immune from public pressure though,” argued Naidoo. He said that these companies had so far ignored one thing: “Relations and reputation are a capital which is just as important for success as conventional capital.”</p>
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<li><a href="http://www.ipsnews.net/2013/05/u-s-retailers-holding-out-on-bangladesh-safety-agreement/" >U.S. Retailers Holding Out on Bangladesh Safety Agreement</a></li>

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		<title>Elites Will ‘Consider Inequality’</title>
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		<pubDate>Wed, 22 Jan 2014 04:43:18 +0000</pubDate>
		<dc:creator>Ray Smith</dc:creator>
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		<description><![CDATA[With no acute crisis on the radar, this year&#8217;s Annual Meeting of the World Economic Forum (WEF) will move away from the response mode of the past years and “look for solutions for the really fundamental issues,” its founder Klaus Schwab said at the pre-meeting press conference. “We cannot afford to allow the next era [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="169" src="https://www.ipsnews.net/Library/2014/01/Davos-300x169.jpg" class="attachment-medium size-medium wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2014/01/Davos-300x169.jpg 300w, https://www.ipsnews.net/Library/2014/01/Davos-1024x577.jpg 1024w, https://www.ipsnews.net/Library/2014/01/Davos-629x354.jpg 629w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">Development issues find little place in Davos. Credit: Ray Smith/IPS.</p></font></p><p>By Ray Smith<br />DAVOS, Switzerland, Jan 22 2014 (IPS) </p><p>With no acute crisis on the radar, this year&#8217;s Annual Meeting of the World Economic Forum (WEF) will move away from the response mode of the past years and “look for solutions for the really fundamental issues,” its founder Klaus Schwab said at the pre-meeting press conference.</p>
<p><span id="more-130532"></span>“We cannot afford to allow the next era of globalisation to create as many risks and inequities as it does opportunities,” Schwab wrote in a blog post a few days earlier. “Today we face a situation where the number of potential flashpoints are many and are likely to grow.”Hardly any of the workshops scheduled specifically address developing countries.<br /><font size="1"></font></p>
<p>Even Schwab and his organisation have finally realised that globalisation has increased global inequality and that its consequences have not been managed and mitigated well on the global level.</p>
<p>According to Schwab, the WEF is the “biggest assembly of political, business and civil society leaders in the world.” For decades, he has been gathering the world&#8217;s richest and most powerful people and companies once a year in the mountain resort of Davos under the banner of “improving the state of the world”.</p>
<p>This year, the annual meeting beginning Wednesday takes place for the 44<sup>th</sup> time. Schwab welcomes around 2,500 participants, among them more than half of the CEOs of the 1,000 largest companies of the world, over 30 heads of state, and numerous leaders of international institutions.</p>
<p>A report published by the WEF has spoken of widening income disparities. The report states that increasing inequality impacts social stability within countries and threatens security on a global scale.</p>
<p>“It’s essential that we devise innovative solutions to the causes and consequences of a world becoming ever more unequal,” its authors wrote.</p>
<p>With a well-timed report, the renowned aid and development charity <a href="http://www.oxfam.org">Oxfam International</a> picked the issue up this week. According to Oxfam, the world&#8217;s richest 85 people own the wealth of half of the world&#8217;s population &#8211; a fact that the charity&#8217;s executive director Winnie Byanyima called staggering.</p>
<p>“We cannot hope to win the fight against poverty without tackling inequality,” she said. Oxfam locates the roots of the widening gap in fiscal deregulation, tax havens and secrecy, anti-competitive business practice, lower tax rates on high incomes and investments and cuts or underinvestment in public services for the majority.</p>
<p>According to Oxfam, the richest individuals and companies hide trillions of dollars in tax havens around the world. “In Africa”, the report says, “global corporations – particularly those in extractive industries – exploit their influence to avoid taxes and royalties, reducing the resources available to governments to fight poverty.”</p>
<p>Over the last years, tax avoidance has become a major focus of non-governmental organisations especially in countries like Switzerland, where some of the world&#8217;s biggest companies involved in raw materials mining and trade have their headquarters.</p>
<p>“Tax avoidance and harmful tax incentives are strongly linked with inequality,” said Martin Hojsik, tax campaign manager of <a href="http://www.actionaid.org">ActionAid International</a>, an international coalition fighting poverty across the globe. “With a lack of revenue caused by tax dodging, developing countries in particular have very little resources to finance essential services like education and health care,” he told IPS.</p>
<p>ActionAid doesn&#8217;t participate at the WEF, which Hojsik calls a talking shop for elites in a fancy resort. “Real progress requires commitment from governments and processes that are inclusive of all stakeholders including people living in poverty,” he said.</p>
<p>Hojsik has no illusions about Davos: “This year, Deloitte, a company among other things advising companies how to avoid taxes when investing in Africa, is tweeting about income disparity on their #DeloitteDavosLife event, clearly showing some of the absurdity.”</p>
<p>Unlike ActionAid, Oxfam will take part at the global leaders&#8217; meeting. The charity is asking participants to pledge to supporting progressive taxation, to making public all the investments in companies and trusts, to demanding a living wage in their companies and to challenging governments to use tax revenue to provide universal healthcare, education and social protection for citizens.</p>
<p>Oxfam&#8217;s effort is doomed to fail. A look at the WEF&#8217;s more than 260 sessions shows that hot potatoes like tax avoidance won&#8217;t be addressed. Even though there is a workshop specifically on the extractive industry, it aims only to discuss how the industry may drive growth in the future in the light of rising concerns over scarcity and environmental deprivation.</p>
<p>Hardly any of the workshops scheduled specifically address developing countries. There&#8217;s a session on the post-2015 development goals, however. It asks how a new spirit of solidarity, cooperation and mutual accountability may carry those goals from vision to action.</p>
<p>Peter Niggli, director of Alliance Sud, an alliance of the six biggest Swiss charities, isn&#8217;t attracted by such debates. Alliance Sud doesn&#8217;t go to Davos.</p>
<p>“We lobby at the Swiss government which makes more sense,” he told IPS. As a discussion forum, the WEF in Niggli&#8217;s opinion doesn&#8217;t have any influence at all on defining the post-2015 development agenda.</p>
<p>Niggli said that it is in any case not the WEF&#8217;s official programme with all the debates and workshops that draws businessmen and politicians, but the opportunity they have to meet others informally or set up new projects behind closed doors.</p>
<p>Surely it also isn&#8217;t the fake refugee camp the WEF has set up in Davos that draws the global elite. “We are simulating the experience of a Syrian refugee in a Jordanian refugee camp,” Schwab said. “It is so important that people can really imagine what it means to be a refugee.”</p>
<p>The United Nations Refugee Agency has appealed for 6.5 billion dollars for Syrian refugees. International donors have pledged 2.4 billion dollars so far. If the WEF is serious about “improving the state of the world”, its wealthy members could come up with the lacking sum.</p>
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<li><a href="http://www.ipsnews.net/2013/01/dubious-awards-presented-at-davos/" >Dubious Awards Presented at Davos</a></li>
<li><a href="http://www.ipsnews.net/2012/01/what-are-the-concerns-in-davos/" >WHAT ARE THE CONCERNS IN DAVOS?</a></li>

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		<title>Davos Puts Protests Behind</title>
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		<pubDate>Tue, 05 Feb 2013 16:24:44 +0000</pubDate>
		<dc:creator>Ray Smith</dc:creator>
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		<description><![CDATA[Barbed wire and safety fences are dismantled, the police and army are withdrawn and freedom of movement is restored. The 43rd annual meeting of the World Economic Forum (WEF) ended last month with negligible protests against the &#8216;global leaders&#8217;. Every year in late January, the Swiss mountain town Davos is temporarily turned into a fortress. [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p>By Ray Smith<br />DAVOS, Feb 5 2013 (IPS) </p><p>Barbed wire and safety fences are dismantled, the police and army are withdrawn and freedom of movement is restored. The 43<sup>rd</sup> annual meeting of the World Economic Forum (WEF) ended last month with negligible protests against the &#8216;global leaders&#8217;.</p>
<p><span id="more-116270"></span>Every year in late January, the Swiss mountain town Davos is temporarily turned into a fortress. On the streets, policemen, soldiers and bodyguards outnumber unarmed citizens by far.</p>
<p>More than 2,500 &#8216;global leaders&#8217; met in Davos this year “to improve the state of the world.” as the WEF claims. It&#8217;s difficult to make much sense of this year&#8217;s motto &#8216;Resilient Dynamism&#8217;. Nevertheless, a lot was discussed, much optimism spread but no decisions taken; at least in front of the cameras.</p>
<p>Even though temperatures were frosty, sunshine reigned at this year&#8217;s annual meeting. At least from the business perspective, the global economic crisis is receding. “The worst is behind us. The optimism for recovery is there,” Axel Weber, chairman of the board of directors of the scandal-ridden bank UBS proclaimed.</p>
<p>Meanwhile Davos mayor Tarzisius Caviezel couldn&#8217;t stop raving about the WEF&#8217;s economic importance for Europe&#8217;s highest city: “The pictures broadcast throughout the world are invaluable advertising for Davos.”</p>
<p>Indeed, visual publicity was much worse a decade ago &#8211; trashed fast food restaurants, broken windows, a martial police presence, clouds of tear gas, peaceful protesters beaten and showered by water cannons.</p>
<p>This year, barbed wire was cleverly covered by large white canvas. The security personnel&#8217;s only challenge was to guide the countless SUVs and limousines through the town&#8217;s narrow streets.</p>
<p>A decade ago, thousands of protesters challenged the &#8216;global leaders&#8217;, threatening to shut down the World Economic Forum. It wasn&#8217;t just about expressing alternative opinions in Davos, but about chasing the rich and powerful out of town. “Wipe out WEF” was their slogan.</p>
<p>In past years the police did everything possible to keep protesters away from Davos, and put up with riots in other Swiss cities. Whoever tried to travel to Davos was stopped; trains and coaches were blocked in the lowlands.</p>
<p>About 50 people joined a rally in Davos. Rolf Marugg, secretary of the local Green Party was pleased, though he had expected more. “It&#8217;s important that we as locals protest against the meeting, the order of the globalised economy and the often dirty doings of the WEF participants,” Marugg said.</p>
<p>Pointing at the WEF&#8217;s rather vague motto, the Green politician said that the world doesn&#8217;t need dynamism and resilience but a slowdown and change. “The current crisis proves that those self-appointed global leaders&#8217; only ability is to drive economy, society and the environment against the wall. &#8216;Resilient Dynamism&#8217; therefore only means to keep up the current crisis system by any means possible.”</p>
<p>Over the last few years, small demonstrations are tolerated in Davos; they no longer constitute a threat. The rally went almost unnoticed. Additionally, Greenpeace temporarily shut down a Shell gas station, criticising the company for planning to drill for oil in the Arctic. In another token protest, three activists approached the congress centre with smoke flares to protest against the exploitation of women in the global economy.</p>
<p>A decade ago going up to Davos in late January was on every left-wing activist&#8217;s agenda. David Böhner, now in his forties, was a leading figure in Switzerland&#8217;s anti-globalisation movement. “Our protest was fundamentally anti-capitalist and directed against the increasingly powerful multinational corporations,” he said.</p>
<p>“Any social movement needs some kind of point of reference. In our case, the World Economic Forum provided a suitable projection screen.” At that time, no meeting of the G8, the European Union or the WTO was safe from resistance protests.</p>
<p>Böhner didn&#8217;t travel to Davos this year. “The demonstrations against the WEF don&#8217;t interest me any more.” The political capacity to ignite has long gone, he said, and a ritualised form of protest carries little potential.</p>
<p>It was in the early 2000s that opposition was loudest and most radical. Even though the authorities were quick to deflect from political content by nurturing a debate on violence at the protests, it was then when the activists&#8217; arguments were most heard.</p>
<p>“Another major reason for the decline of the anti-WEF movement surely was the police repression,” David Böhner added. The turning point was in 2004, when 1,082 demonstrators were held in the freezing cold in the town Landquart, 40 kilometres from Davos, after violently being pulled out of a train by the police.</p>
<p>The authorities succeeded, because disputes flared up within the movement. Mobilising for demonstrations in Davos became senseless, unwise and unattractive. In the following years, increasingly smaller rallies were held in other Swiss cities.</p>
<p>Meanwhile, the WEF facilitated media access and invited &#8216;civil society leaders&#8217; to their debates to counter critique. The Open Forum to run parallel to the WEF was invented.</p>
<p>But despite its polished image, the World Economic Forum remains a dubious platform for politicians and business leaders to consult behind closed doors, far from any accountability. The official programme is just one side of the coin.</p>
<p>On behalf of the World Economic Forum, Nicholas Davis argues that if every meeting was made public, nothing would get decided. “Some conversations – over delicate or sensitive issues – frankly have to be held behind closed doors. Our aim is to be as open as possible without jeopardising our mission to improve the state of the world.” (End)</p>
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		<title>Dubious Awards Presented at Davos</title>
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		<pubDate>Sat, 26 Jan 2013 11:12:14 +0000</pubDate>
		<dc:creator>Ray Smith</dc:creator>
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		<description><![CDATA[Only a stone&#8217;s throw from the Davos World Economic Forum meeting, a group of non-governmental organisations presented the annual Public Eye Awards this week to Goldman Sachs and Royal Dutch Shell. Every year in late January, a pilgrimage of a special kind can be observed in Grisons, Switzerland&#8217;s easternmost canton. Limousine after limousine, SUV after [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p>By Ray Smith<br />DAVOS, Jan 26 2013 (IPS) </p><p>Only a stone&#8217;s throw from the Davos World Economic Forum meeting, a group of non-governmental organisations presented the annual Public Eye Awards this week to Goldman Sachs and Royal Dutch Shell.</p>
<p><span id="more-116057"></span>Every year in late January, a pilgrimage of a special kind can be observed in Grisons, Switzerland&#8217;s easternmost canton. Limousine after limousine, SUV after SUV and helicopter after helicopter head to Davos, the highest city of Europe. At the local congress centre, the preciously dressed pilgrims unite to renew their belief in unregulated, free market capitalism and to “improve the state of the world,” as the World Economic Forum (WEF) proclaims.</p>
<p>This year, ‘Resilient Dynamism’ is the motto of the global leaders&#8217; gathering. Besides the official programme though, many participants will use the platform to hold informal meetings. Business and political interests mingle behind closed doors.</p>
<p>Only a ten-minute walk from the Davos congress centre, a few dozen people attended the presentation of the Public Eye Awards, a critical counterpoint to the WEF since 2000. “On the occasion of the WEF, we annually put the spotlight on corporations who cause problems, violate human rights, destroy the environment, act corruptly and push people into poverty and misery,” says Andreas Missbach on behalf of the organisers.</p>
<p>In order to take the wind out of the Public Eye sail and to slightly open up to the public, the WEF started in 2003 to organise its own counter event, the Open Forum. Nevertheless, the Public Eye has survived and this year once again presented two recipients for their ‘awards’.</p>
<p>As a result of an online voting process, the public award went to the Anglo-Dutch oil and gas company Royal Dutch Shell. Shell&#8217;s search for oil in the Arctic drew voters’ criticism. “There is no safe drilling under sea ice conditions, Shell gambles with the wildlife and beauty of one of the last unspoiled regions on our planet,” said jury member Andreas Missbach before handing the award over to Greenpeace executive director Kumi Naidoo.</p>
<p>Naidoo, whose organisation had nominated shell for the voting, said he didn&#8217;t want the award sitting in his office in Amsterdam. He promised to find Shell&#8217;s CEO Peter Voser at the World Economic Forum to present him the award.</p>
<p>Greenpeace is running a major campaign to prevent oil drilling in the Arctic. Naidoo addressed the Anglo-Dutch company directly: “We as Greenpeace will come after you peacefully, but aggressively until you get out of the Arctic.”</p>
<p>Christian Brütsch, an independent political analyst specialised on energy issues doubts that Shell can be pressured to disengage from the Arctic region soon. “The U.S. Geological Survey assumes one-fifth of the global undiscovered conventional oil and gas resources to be in the Arctic, and Shell has invested 4.5 billion dollars to prepare offshore drilling in Alaska so far.”</p>
<p>Brütsch said that if activists really wanted to prevent the exploitation of natural resources in the Arctic, they should target consumers. “Energy companies will only leave the region if the demand for oil sinks to a level where Arctic adventures would become unprofitable.”</p>
<p>However, as long as the current situation prevails, Brütsch prefers to see big energy companies in the Arctic. “Statoil, Exxon Mobil or Shell are much more capable of financing &#8216;same season relief wells&#8217; (needed if leaks appear) than smaller corporations.”</p>
<p>Andreas Missbach stressed that Shell has been the only company so far to win the Public Eye Award twice. Back in 2005, the multinational was shamed for its activities in the tropics.</p>
<p>Missbach said that Shell&#8217;s investments in extremely damaging tar-sand extraction in Canada and the fact that the company had dropped renewable energy from its long-term strategy had further contributed to again nominate Shell for the prize.</p>
<p>The American investment bank Goldman Sachs received the jury award. The Public Eye jury argued that the company bears a large share of responsibility for the Euro-crisis.</p>
<p>“Goldman&#8217;s derivative deals, which fudged Greece&#8217;s way into the Eurozone, pawned the future of the Greek people,” said Missbach.</p>
<p>Former bank regulator and academic William K. Black, who attended the awards presentation, stressed that Goldman Sachs wasn&#8217;t just a singular rotten apple in a healthy bushel of banks. “Goldman Sachs is the norm of systemically dangerous institutions,” he said.</p>
<p>Black blamed the World Economic Forum for spreading the myth that fraud by corporate elite was rare. “They have pushed deregulation, de-supervision and de facto decriminalisation.”</p>
<p>Expert on business ethics Ulrich Thielemann said the dogma of profit maximisation itself leaves no room for moral integrity. “It&#8217;s the paramount cause for irresponsible corporate behaviour,” he said. “Ruthless competition that disregards human rights and environmental standards via non-regulation and the race to the bottom in standards of good corporate conduct must come to an end.”</p>
<p>Does naming and shaming companies have any use? Missbach admits that such an award by itself changes nothing. But within a campaign, he says, such a shame prize might be a useful tool. “Those organisations who nominated the award winners may use the prize to attract attention.”</p>
<p>Political analyst Christian Brütsch is far less convinced about naming and shaming campaigns. He points out that the names of the decried companies always remain the same. “Some corporations can afford to simply ignore criticism,” he says. Others would just increase their PR budgets, Brütsch argues.</p>
<p>Greenpeace&#8217;s Naidoo regards the awards as a means contributing to reduction of a company&#8217;s relational and reputational capital. He&#8217;s sure though that none of these powerful corporations will react to the criticism. “However, the failure to respond is a very loud confirmation that our accusations are true.”</p>
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