Just eight weeks after IMF Managing Director Dominique Strauss-Kahn ventured the expertise of his organization to help the international community to “think outside of the box” on climate financing, the IMF staff has delivered: Print-fresh from Washington’s 19th Street comes a short, but content-heavy paper by two IMF economists on how an international Green Fund partially financed by climate-SDRs could be set-up with the goal of generating some US$ 100 billion per year by 2010. By Liane Schalatek
The good news: the IMF says it does not want to create, finance or manage the Green Fund — unless, of course, a G20 decision might force the institution to do it anyway… Alas, this seems at present quite unlikely, since apparently the IMF’s Board of Directors already rejected the proposal in a formal board meeting a few weeks ago ... ... this article will come up in WDEV 2/Mar-Apr 2010 and is for subscribers only. For direct log in >>> click here.If you have no subscription >>> pick your option or >>>
The EU purports to be part of the solution in Ukraine. Particularly, the EU continues to claim that the proposed Association Agreement will contribute to solving the economic problems of the country. EU Commissioner for Enlargement, tefan Füle, even raised the possibility of eventually offering an EU membership to Ukraine. There are, however, strong indications that the EU approach creates more problems than it solves.
The UN project of the Millennium Development Goals (MDGs) adopted at the UN Summit in 2000 is to expire in 2015. Discussions on a new international post-2015 development approach have started and are pursued in New York, Geneva, and Brussels, and in many capitals all over the world by international organizations, governments and civil society. A personal contribution to the debate.
Plans for a Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States have sparked considerable debate. Among the main issues contested are the lowering of food-safty standards (hormone-treated beef, chlorine-washed chicken), the democratic deficit of the negotiation process, as well as the granting of far-reaching rights and legal privileges to international investors, undermining national law. However, Rainer Falk and Barbara Unmüßig consider a topic thus far left out of critical debate: TTIP's implications for the "rest of the world," particularly for developing and emerging economies.
Three months after elections, a new cabinet was sworn in end of February in Kathmandu. The two largest parties have formed a coalition, with the new Prime Minister from the Congress Party, and 18 ministers from the Congress and UML parties. The mainstream Maoists voted in support but did not join an initially foreseen unity government. Where does the country stand at this moment?
The negotiations between EU and US on a Transatlantic Trade and Investment Partnership (TTIP) are in full swing. The project is not only intended to reduce tariffs between the world economy's two biggest trading blocs; its primary aim is to dismantle and/or harmonise a wide spectrum of regulations. Investment liberalisation and protection also will be central issues.