The social safeguards cluster works to ensure that people displaced by bank financed projects are left in better circumstances than before and that they also benefit from development projects. Executing a successful involuntary resettlement program is an enormous challenge because it entails negotiating with multiple stakeholders, some who often have competing interests. The … [Read more...] about What are the basic principles of a resettlement policy?
Three Key Steps to Prevent the Demise of the World’s Biodiversity
The Convention on Biological Diversity’s Global Biodiversity Outlook IV paints a dire picture: We are destroying an unprecedented amount of habitat that plants and animals need to survive. We are overexploiting and overfishing the oceans. We are contaminating our water sources and putting pressure on critical habitats such as coral reefs. We illegally hunt and kill animals. We … [Read more...] about Three Key Steps to Prevent the Demise of the World’s Biodiversity
100 billion reasons to pay attention to the summit in Peru this October
The debate on the need for switching to low carbon economies has been a bipolar one for quite some time. On one side, developed countries sustain that developing countries need to change their economic growth pattern and reduce emissions. On the other, developing countries ask why their economic growth should be stanched by low carbon considerations when the developed countries … [Read more...] about 100 billion reasons to pay attention to the summit in Peru this October
How Much Do We Care about Biodiversity?
The Convention on Biological Diversity (CBD) has estimated that between $150 and $440 billion dollars are needed annually to implement the Strategic Plan for Biodiversity (2011-2020), and other authors, suggest that between $23 and $52 billion dollars are being spent per year worldwide. Moreover, the OECD suggests that there has been a worldwide decline in financing for … [Read more...] about How Much Do We Care about Biodiversity?
Why ‘Laudato Si’ Should be on the Reading List of Every CEO
Upon reading the much anticipated Papal Encyclical on the environment, Laudato Si', I found myself immediately looking for ways to get it into the hands of the CEOs I know. While it is a genuinely great read, it is even better as a resource for institutionalizing ethical business principles, and a brilliant illustration of what servant leadership looks like. There will be … [Read more...] about Why ‘Laudato Si’ Should be on the Reading List of Every CEO