Economics, Trade & Investment

IGC 28 Reviews Cross-Cutting Elements, Forwards Texts to WIPO General Assembly [viewed]

Wipo18 July 2014: At its 28th session, the Intergovernmental Committee on Intellectual Property and Genetic Resources, Traditional Knowledge and Folklore (IGC) of the World Intellectual Property Organization (WIPO) reviewed cross-cutting elements of the negotiating texts on genetic resources, traditional knowledge and traditional cultural expressions, and decided to forward the three negotiating draft texts as developed during IGC 26 and 27 to the WIPO General Assembly, to be held in September 2014.

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Member States Approve Draft Outcome of SIDS Conference [viewed]

samoa-conference11 July 2014: UN Member States approved the Draft Outcome of the Third International Conference on Small Island Developing States (SIDS), titled 'SIDS Accelerated Modalities of Action [S.A.M.O.A.] Pathway,' concluding the work of the Preparatory Committee for the conference, on 11 July 2014.

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Event: Second Natural Capital Summit of the Natural Capital Initiative [viewed]

The Natural Capital Initiative's (NCI) Second Natural Capital Summit will bring together 250 leaders from academia, policy, business, and civil society to discuss the role of natural capital accounting in planning and decision-making. Themes of the summit will include: creating a shared definition of natural capital, applying and demonstrating the concept, ensuring scientific rigor, and communicating recommendations across sectors.  

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OWG Concludes Work, Submits SDG Proposal to UNGA [viewed]

OWG19 July 2014: The UN General Assembly's Open Working Group (OWG) on Sustainable Development Goals (SDGs) has concluded its work, adopting by acclamation a report containing 17 proposed SDGs and 169 targets. The proposal will be submitted to the UN General Assembly for consideration and action at its 68th session.

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World Bank, GEF Highlight their Contributions to Fighting Illegal Wildlife Trade [viewed]

World Bank - GEF17 July 2014: The Global Environment Facility (GEF) and the World Bank report that illegal wildlife trade has taken a major toll on the world's threatened species. Globally, illegal wildlife trade is estimated to be a multi-billion per year industry and the fourth largest illegal trade after drugs, humans and weapons. The difference, highlighted by the finance institutions, is that global illegal wildlife trade involves a finite and rapidly diminishing amount of resources.

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CBD Releases Working Group Report on LMO Risk Assessment [viewed]

CBDJuly 2014: The Secretariat of the Convention on Biological Diversity (CBD) has released the report of the Ad hoc Technical Expert Group (AHTEG) on Risk Assessment and Risk Management under the Cartagena Protocol on Biosafety. Among other recommendations, the group recommends that the seventh Meeting of the Conference of the Parties serving as Meeting of the Parties to the Protocol (COP-MOP 7) endorse the Guidance on Risk Assessment of Living Modified Organisms (LMOs).

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UNCTAD and CITES Partner to Enhance Tracking of Traded Species [viewed]

CITES-UNCTAD logos17 July 2014: The Secretariats of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) and the UN Conference on Trade and Development (UNCTAD) signed a Memorandum of Understanding (MoU) to collaborate on a set of tools that will help customs authorities regulate the import and export of CITES-listed species.

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ISU, EDF and 50in10 Report Focuses on Financing Sustainable Fisheries [viewed]

Towards Investment in Sustainable Fisheries10 July 2014: The transition to more sustainable fisheries management systems can yield financial returns and deliver ecological, economic and social benefits if fisheries are structured as “investable propositions,” according to a report by the Prince of Wales' International Sustainability Unit (ISU), the US Environmental Defense Fund (EDF) and 50in10. The organizations launched the report, titled ‘Towards Investment in Sustainable Fisheries: A Framework for Financing the Transition' at a conference on ‘Financing the transition towards a sustainable blue economy.'

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Event: The Challenges of a Living List: Making Progress on a Green Goods Agreement [viewed]

Negotiations on a green goods agreement, announced earlier this year in Davos, Switzerland by 14 World Trade Organization (WTO) Members, will aim to create an initial and “living list” of green goods to be revised as technology evolves. This half-day event organized by the Geneva offices of the Friedrich-Ebert-Stiftung (FES) and the International Institute for Sustainable Development (IISD) will bring together practitioners, experts and administrators from a variety of agreements that have faced the challenges of a “living list,” to discuss their experiences and lessons learned for consideration by the WTO. Speakers will include John Scanlon, Secretary‐General, Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), Aaron Cosbey, Associate and Senior Advisor, IISD, and Ambassador Jonathan Fried, Permanent Representative of Canada to the WTO, among others. The event takes place on the eve of the WTO Public Forum.  

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Global Oceans Commission Report Proposes 8 Actions [viewed]

global-ocean-commision23 June 2014: The Global Oceans Commission has released a report, titled ‘From Decline to Recovery: A Rescue Package for the Global Ocean,' which makes eight proposals for actions to restore and protect natural capital and services. The report highlights “the fundamental mismatch” between the value of the high seas to humanity and the current governance of the high seas, stressing the need for a global blueprint for action to move towards recovery and regeneration.

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