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Norway to build wind farm despite UN calls to suspend project over concerns of impact on indigenous herders’ livelihoods
Construction for Norway’s largest onshore wind project, Fosen Wind, began in 2016. One of the affected areas, "Storheia" is of great importance for the local Southern Sami reindeer-herding community. In December 2018, the UN Committee on the...
U.S. Alliance for Sustainable Finance forms to drive investment in clean energy and climate resilience projects
"Today, during the inaugural Sustainable Finance Week in New York, Bloomberg announced the formation of the U.S. Alliance for Sustainable Finance (USASF), convening 15 founding members to drive investment in clean energy and climate resilience projects...
Last week we announced that our CEO will no longer attend the 2018 Future Investment Initiative in Riyadh. ...
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- This is a response from the following companies: Credit Suisse
International Finance Corporation launches draft impact investment operating principles for consultation
Investors are increasingly incorporating impact investments – investments with the intent to contribute to measurable positive social, economic, or environment impact – into their portfolios. Despite this increased interest, to date there has been no...
Major news organisations and business leaders withdraw from Saudi investment conference over missing journalist
On October 2, 2018, prominent Saudi journalist Jamal Khashoggi went missing after entering the Saudi consulate in Istanbul. Khashoggi, a once royal advisor turned critic, was murdered by Saudi agents in the consultate. Khashoggi's case prompted a...
Global Witness report alleges EU investors help bankroll human rights & environmental abuses; incl. co responses
On 6 September 2018, Global Witness published a new briefing paper on the role that EU-based investors have played in supporting projects linked to human rights abuses, land grabs and large-scale environmental destruction. The report argues that while...