All around the world in recent years we have witnessed the intensification of the over-exploitation of our natural resources through mining, intensive agriculture, large-scale fishing, logging and expansion of oil and gas extraction. This extractivist capitalist model is driven by the unsustainable consumption and speculation of rich nations and the world's elites, who meld together in big multi-national corporations.
More Than 300 Civil Society Organizations From 73 Countries Urge Real Reform at United Nations Discussions on Corporate Investor Rights
Vienna – More than 300 civil society groups and trade unions – including global organizations such as CIDSE, Public Services International, Friends of the Earth International, and ActionAid – urged governments participating in United Nations meetings in Vienna this week to completely overhaul the controversial Investor-State Dispute Settlement (ISDS) system contained within many international trade and investment agreements.
With a powerful appeal signed by six presidents of continental bishops’ conferences, leaders of the Catholic Church call government leaders to take ambitious and immediate action to tackle and over-come the devastating effects of the climate crisis.
This week has been a milestone in advancing negotiations of the open-ended intergovernmental working group (OEIGWG) for the elaboration of an International Legally Binding Instrument on Transnational Corporations and other Business Enterprises with respect to human rights, also known as the Binding Treaty.