With no concrete increase in financing for biodiversity in sight, concerns are growing that most developed countries are retreating from their commitment to provide financial resources to developing countries.

At the 12th Meeting of the Conference of the Parties (COP 12) to the Convention on Biological Diversity (CBD) that was held on 6-17 October 2014, in Pyeongchang, Republic of Korea, the target for international financial resource flows from developed to developing countries was a thorny issue that had to be resolved at the ministerial level.

In Kenya InfoNET seeks to improve public service delivery and participation through the strategic use of Technology

InfoNET participated in tweet sessions where live tweets were beamed on screens and responded to in real time, for transparency that seeks to improve public service delivery through the strategic use of Technology.

The proposed European Commission (EC) has just been approved by the European Parliament (EP) in Strasbourg. The current Commission consists of only nine women out of 28 which is no progress in comparison to the outgoing Barroso Commission.

“Before Jean-Claude Juncker was appointed president of the EC, he promised a modern and a female Commission. Unfortunately, this Commission is miles away from being a female Commission and is clearly not a mirror of European society, of which more than half of the population is female and much more diverse,” says Joanna Maycock, Secretary General of the European Women’s Lobby (EWL). Since its establishment, the EWL has demanded parity in all EU institutions and asks Member States to nominate one female and one male candidate for the College of Commissioners. For the EWL, it is a question of justice and fairness, as advocated in its 50/50 campaign with the title: “No modern Democracy without Gender Equality”.

A recent report found the World Bank’s private sector arm, the International Financial Corporation (IFC), has indirect exposure through one of its equity investments in financial intermediaries to human rights abuses associated to a Honduran agribusiness company. The report’s troubling findings should be cause for concern regarding the limits to due diligence in the behavior of private financial firms funded by public institutions such as the IFC.

Dr. Mukhisa Kituyi. (Photo: UNCTAD)

"The primary role of the Investment Division of UNCTAD should be to provide to developing countries alternatives to the unbalanced provisions of international investment treaties" say 240 organizations from over 150 countries in a letter to Dr. Mukhisa Kituyi, secretary general of the UN body specializing in trade and development.
The signatories worry about "the growing restrictions on policy space resulting from the investment protection rules".