Hope for an anti-biopiracy treaty in 2010
Prospects seem encouraging for a new international anti-biopiracy agreement to be adopted by Parties to the United Nations Convention on Biological Diversity (CBD).
BY CHEE YOKE LING
ActionAid International and Third World Network are pleased to announce the release of a joint study on the potential use of the IMF’s Special Drawing Rights (SDRs) as a tool for both innovative financing and systemic monetary reforms. SDR-derived funds can be applied to critical financing needs for developing and low-income countries, including development, climate finance, and effective measures to counter the impacts of the global economic and financial crisis. Creative use of SDRs could complement measures such as the proposed financial transaction tax and levies on bunker fuels and aviation to raise the sums urgently needed. With international co-operation, SDRs could potentially mobilize more resources than other proposals for new forms of financing.
TWN
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Last updated on 09 February 2010
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