News from World

tag: Clima

21 January 2023

France, rules on advertising to avoid greenwashing in line with the "Loi Climat et résilience"

As part of its legislative arsenal to combat climate change, the French government has now introduced the next stage of its anti-greenwashing legislation, effective January 1, 2023. The new rules are a major step in controlling advertising claims on carbon offsetting and carbon neutrality, following laws that came into effect in the summer of 2022. [CSR & Sustainability - Sporting Goods Intelligence Europe - sgieurope.com]

16 January 2023

A gloomy economic picture

Growing protectionism and worsening international cooperation could badly damage the world economy, the International Monetary Fund said. Its report, released on the eve of the Davos summit — a paean to free trade and global integration — argues that poorer countries would be hit harder than rich ones. The projections add to continued gloom over economic prospects worldwide, with economists still predicting a recession as likely, despite signs of slowing inflation and hopes that China’s abandonment of zero-COVID could boost growth. [Confronting Fragmentation Where It Matters Most: Trade, Debt ... – IMF]

10 January 2023

Donors pledged more than $9 billion to help Pakistan rebuild after massive floods last year

The disaster, which left at least 1,700 people dead and pushed nine million into poverty, dealt a hammer blow to Pakistan’s already teetering economy. This week the country, which faces the prospect of defaulting on its debt, held talks with the International Monetary Fund to restart a stalled bailout program. Pakistan may also offer a terrifying model of climate disasters to come. “We are all — increasingly — at the mercy of forces of nature that do not respect borders,” its prime minister wrote in The Guardian.

04 January 2023

Bangladesh, Dissemination workshop on "institutional policy framework in the Tannery Workers Union"

Trade union leaders and economists on Thursday (December 29, 2022) urged the tannery owners to implement social and environmental compliances for the welfare of the industry and the workers. They said the European Union (EU) and the US are not buying leather from Bangladesh as most of the tanneries are yet to obtain certificates from Leather Working Group. [Experts for social, environmental compliance programs in ...- dhakatribune.com]

19 December 2022

The European Parliament and Member States have reached an agreement on the reform of the CO2 market and to reduce the impact of greenhouse gases

The agreement achieves the goal of reducing CO2 emissions by 55% by the end of the decade. A new Emissions Trading System (ETS) and a Social Climate Fund (SCF). Power generators and heavy polluters covered by the ETS will have to reduce their pollution by 62% by the end of the decade, 1% more than initially proposed by the European Commission. Waste will be covered by the scheme from 2028, with potential derogations until 2030. [EU reaches deal on critical climate policy after marathon talks – Politico]

02 December 2022

Extreme weather, high rates

Climate change may mean that inflation remains high, central bankers said. More extreme weather patterns both affect workers’ abilities to do their jobs and supply chains’ dependability, forcing prices higher.

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