A paltry 14 percent of climate finance is going to the least developed nations and just 2 percent to small island developing states, which have done least to cause the climate crisis but are being hit hardest. Climate finance provided and mobilised by developed countries for developing countries totalled USD 78.9 billion in 2018, up… Continue reading Too much climate finance given as loans force poorer nations into debt
Tag: OECD
Australia stumbles further down the donor generosity rankings
Terence Wood Preliminary OECD data on donor generosity were released. The data cover 2017, and should be troubling to any Australian politician thinking of cutting aid in the coming budget. In the 2017 calendar year, Australian aid was just 0.23 per cent of Australia’s Gross National Income (GNI). Australia now lags badly behind the median… Continue reading Australia stumbles further down the donor generosity rankings
ING Bank to be investigated for not reporting climate pollution
A climate complaint against ING filed by Greenpeace Netherlands, Oxfam, BankTrack and Milieudefensie for violating OECD guidelines, was accepted by a Dutch representative of the OECD. The Dutch bank will be investigated by the Dutch National Contact Point (NCP) for having no plan to report on and reduce the amount of greenhouse gas emissions from… Continue reading ING Bank to be investigated for not reporting climate pollution
Survival International–WWF talks break down over tribal consent
The landmark mediation talks between Survival and the World Wildlife Fund (WWF) over breaches of OECD guidelines for multinational corporations have broken down over the issue of tribal peoples’ consent. Survival had asked WWF to agree to secure the Baka “Pygmies’” consent for how the conservation zones on their lands in Cameroon were managed in… Continue reading Survival International–WWF talks break down over tribal consent
OECD investigates WWF for funding human right abuses
In an unprecedented move, a member of the OECD has agreed to investigate a complaint that the World Wide Fund for Nature (WWF) has funded human rights abuses in Cameroon, beginning a process which until now has only been used for multinational businesses. Survival submitted the complaint in February 2016, citing numerous examples of violent abuse and harassment against Baka “Pygmies” in… Continue reading OECD investigates WWF for funding human right abuses
Italian corporation reported to OECD over dam disaster
Survival International has reported Italian engineering giant Salini to the OECD over its construction of a controversial dam set to destroy the livelihoods of hundreds of thousands of people in Ethiopia and Kenya. The dam has cut off the Omo river’s regular flooding, which 100,000 people rely on to water their crops and livestock and… Continue reading Italian corporation reported to OECD over dam disaster
More than 50 % of OECD countries exporting corruption, says Transparency International
22 of the 41 OECD anti-bribery convention countries have failed to investigate or prosecute any foreign bribery case during the last four years, violating their obligation to combat cross-border bribery According to the recently released report by Transparency International (TI), only four countries have improved their enforcement efforts while one country slid back. The 11th… Continue reading More than 50 % of OECD countries exporting corruption, says Transparency International
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