Hot Issues

Competition Law and Sustainability: just a complex marriage or irreconcilable foes?

A growing number of studies and reports reveal the complex relationship between the existing competition rules and sustainability, arguing that Competition law as a product of the neoliberalism, based on the assumptions of rational self-interested individual agents seeking profit maximization: (i) has significantly shaped modern global supply chains and led to massive imbalance of power, …

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IMF Managing Director Christine Lagarde presented the Global Policy Agenda, which outlines the institution’s policy responses to tackle current societal challenges

At the opening press conference of the IMF-World Bank Spring Meetings, IMF Managing Director Christine Lagarde presented her vision of the Global Policy Agenda (policy paper), titled: “The Managing Director’s Global Policy Agenda 2019: Joint Responsibility. Shared Rewards.” This policy thinkpiece outlinesthe institution’s policy responses to tackle current societal challenges. The paper is focused on …

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FAO: Geographical indications (GIs) is one of the ways to enhance the provision of public goods – such as food heritage, landscapes, traditional knowledge and the rural economy at large

While not limited to agriculture, GIs play a crucial role in the agricultural sector. By way of example, in the European Union (EU), where farmers can continue to compete on international markets only relying on quality rather than price, the worldwide sale value of the GIs is estimated at € 54.3 billion (OriGIn, 2018) The …

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Corporate and Business Sustainability: World Business Council for Sustainable Development (WBCSD) released new research exploring the state of corporate governance across twelve jurisdictions

The research by the WBCSD explores the board’s role in creating long-term value and pays special attention to how environmental and social risks and opportunities affect the corporate governance process. The Report addresses the common misconception that the duty of directors is to solely maximize shareholder value and how this ideology has led to short-termism. …

Corporate and Business Sustainability: World Business Council for Sustainable Development (WBCSD) released new research exploring the state of corporate governance across twelve jurisdictions Read More »

Deploying Outer Space for achieving the Sustainable Development Goals and implementing Agenda 2030. Space governance for Sustainable Development.

The UN General Assembly in its resolution A/RES/65/271 of 7 April 2011, declared 12 April as the International Day of Human Space Flight “to celebrate each year at the international level the beginning of the space era for mankind, reaffirming the important contribution of space science and technology in achieving sustainable development goals and increasing …

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UNDP: Rethinking inequality and what to do about it

Inequality will be under the laser focus of the HLPF this year. Many institutions will provide their view of what is inequality in the 21st century and how to tackle it. The UNDP is preparing The 2019 Human Development Report that will provide a comprehensive picture of the many forms of inequality that are shaping …

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UN: If national and international financial systems don’t change, the Sustainable Development Goals will not be achieved

If national and international financial systems don’t change, the Sustainable Development Goalswill not be achieved, says a new 2019 UN Financing for Sustainable Development Report, prepared jointly with more than sixty international organizations, including the IMF, the World Bank Group and World Trade Organization. This report is the basis for discussions at the ECOSOC Forum …

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On the nexus between circular economy, climate change, Agenda 2030

A shift towards a circular economy can address some of the challenges posed by the increasing scarcity and depletion of natural resources and bring about many societal benefits, improve social welfare, including by creating new jobs and businesses. Currently, the world lacks a shared vision of the circular economy, even though Agenda 2030 and the …

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On International Cooperation and Governance of Trans-boundary Waters

08.04.2019 According to the UN water, the 263 transboundary lake and river basins cover almost half the Earth’s surface. 145 States have territory in these basins, and 30 countries lie entirely within them. There are approximately 300 transboundary aquifers, helping to serve the 2 billion people who depend on groundwater. According to the UN (2008) …

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WEF: A strengthened framework of global cooperation is needed to accelerate progress on shared challenges and lessen tensions among and within countries

The recent White paper by the World Economic Forum “Globalization 4.0: Shaping a New Global Architecture in the Age of the Fourth Industrial Revolution” suggests that major shifts underway in technology, geopolitics, environment, and society give birth to a new phase of globalization – Globalization 4.0 – whose trajectory will depend on how multilevel governance …

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