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Guest Blog: Planning a Successful Task Force on Climate-related Financial Disclosures Project

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Guest Blog: Greg Rogers:   Author, attorney, CPA and entrepreneur working at the intersection of law, accounting and the environment. Author of Financial Reporting of Environmental Liabilities & Risks after Sarbanes-Oxley (Wiley 2005). Founder of LinkedIn Group on Climate-Related Financial Disclosure. Originally published here. As the recommendations of the Financial Stability Board’s (FSB’s) Task Force on Climate-related Financial Disclosures (TCFD) continue to gain support, managers of leading global corporations are starting to plan for enhanced climate disclosure. Climate-related financial disclosures, especially those explicitly considering alternative climate scenarios, are entirely new. And like anything new, there is confusion about ends and means—objectives and process. Best practices are not yet well defined, and there are many potential pitfalls. Avoid wasted time and resources by following this brief guide on how to design and implement a successful TCFD pro...

Guest blog: Sustainability 2018, in a Country called Spain

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By Fernando Prieto and Carlos Alfonso are members of The Sustainability Observatory (Observatorio de la Sostenibilidad). There are indicators that not only is the country in bad shape, but getting worse.An example of which is the rising number of an increasingly impoverished workforce, or temporary contracts going against labor norms. It could be due to the cool and perky logo, but the Objetivos de Desarrollo  Sostenible (Sustainable Growth Objectives) is creating interest in public administrations, companies, NGOs and even political parties. Presented here are ways of trying to measure sustainability, taking into account dynamic aspects found within four areas of analytical studies considered essential: persons (social aspect), the ecology (environment), the economy, and solidarity (governance). While it is a fact that a large part of these objectives are completely interrelated and some  even obtaining high scores, the objective is to get good scores in each and ev...

Key Co-facilitators selected for HLPF Political Declaration and the Finance for Development Declaration and SAMOA Pathway and Secretary General's Climate Summit

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Ambassador Olof Skoog High-Level Political Forum 2019 The High-Level Political Forum  (HLPF) will have two sessions in 2019. Maria Fernanda Espinosa Garces the UN President of the General Assembly has selected the co-facilitators for the Political Declaration for these meetings  These are Ambassador Sheila Gweneth Carey , Permanent Representative of Bahamas, and Ambassador Olof Skoog , Permanent Representative of Sweden, The HLPF in July will be (9-18) July from Tuesday, 9 July, to Monday, 15 July 2019, it will then be followed by a three-day ministerial meeting convening from Tuesday, 16 July, to Thursday, 18 July 2019. Ambassador Sheila Gweneth Carey The theme for that HLPF in July will be ''Empowering people and ensuring inclusiveness and equality'.  It will review of: SDG 4 (quality education),  SDG 8 (decent work and economic growth),  SDG 10 (reduced inequalities),  SDG 13 (climate action) and  SDG 16 (pe...

RIP H.E. Dr. Caleb Otto

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It is sad to report that Dr Caleb Otto the former Ambassador for the Republic of Palau is no longer with us.  The Permanent Mission of the Republic of Palau to the United Nations has asked people to send their condolences and remembrances in the form of written notes and/or photos via email inmemoryofotto@gmail.com by November 7th. They will then by included in a condolence book A Memorial for Dr. Caleb Otto. Otto was  a charter member of the Rotary Club of Palau and Board member of the Palau National Olympic Committee as well as the Palau Conservation Society. He is also a Founder of the Coalition for a Tobacco-Free Palau.  In the international policy arena, h e was the negotiator representing Palau on the Framework Convention on Tobacco Control for which he received the WHO Director-General Award in 2003 .  He championed the ratification of the Convention on the Rights of the Child in Palau and was the lead author of the first report o...

Time for the UN Global Compact to Evolve into the UN Due Diligence Mechanism? A Real Chance with the 2018 Partnership Resolution

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By Felix Dodds and Gaston Ocampo Introduction This blog is to focus on the issue of the private sector, the UN Global Compact (UNGC) , and the particular companies that are members of the UNGC. It will look at their Voluntary Reports and then compare them to their profiles by the independent Corporate  Human Rights  Benchmarking.. This does raise some serious questions which are very relevant to the present discussion of the UN Global Partnership resolution that is being negotiated in the coming weeks at the UN General Assembly Committee 2. It has been estimated that the cost of delivering the Sustainable Development Goals (SDGs) is somewhere between $US 3-5 trillion each year. In 2017, Overseas Development Assistance (ODA) was roughly $US 171 billion. As many have said, much of the shortfall of funding will have to be addressed by the private sector. Some of this shortfall of funding will also be addressed by Private Public Partnerships (PPPs) , Multi-Stakeh...