Search Climate Insights Directory

Reclaim Finance accuses the French government of attempting to undermine the European Corporate Sustainability Due Diligence Directive. The organization claims that France, via Bruno Le Maire, is demanding the company size threshold be raised from 500 employees to 5,000 employees, which would exempt approximately 14,000 companies from the requirement to prevent human rights violations and environmental pollution in their value chains.

The memorandum expresses serious concern over South Africa's stability, citing the July 2021 unrest, failing municipal services, and high youth unemployment. It calls for the implementation of the Zondo Commission's recommendations to fight corruption, the protection of whistleblowers, and the introduction of a basic income grant to support the poor.

The text calls for the US Senate to reject Andrew Wheeler's nomination for Deputy Administrator of the Environmental Protection Agency, describing him as a "long-time fossil fuel lobbyist with a record of climate denial" who would maintain the "Trump-Pruitt agenda of fossil fuel worship and corporate favoritism."

This collection of articles from the Green European Journal examines the instability of the current financial system, the risks posed by fossil fuel asset bubbles, and the need for a 'green' economic transition. It critiques the role of private bank money creation, the impact of austerity in the EU periphery, and the influence of banking lobbies on regulation, while proposing alternatives such as sovereign money, debt jubilees, and mandatory climate risk accounting for financial institutions.

The text criticizes the austerity strategies implemented in Portugal following its request for international aid, asserting that these policies have failed to reduce debt while causing severe economic recession and social distress. It highlights catastrophic outcomes, including a 4% GDP drop in early 2013, mass unemployment, and unprecedented emigration. The author calls for a political solution through debt renegotiation and a transition toward a green and socially just alternative to protect the welfare state.