Submission to World Bank consultations on information disclosure - June 19, 2003

Disclosure Policy
Room U-11-003
World Bank
1818 H Street
Washington, DC, 20433
USA

Halifax Initiative submission to consultation on draft information disclosure policy

“Whenever you are in doubt, apply the following test. Recall the face of the poorest man you have seen. Ask yourself if the step you contemplate is going to be of any use to him. Will it restore him to a control over his own life and destiny? Then you will find your doubt melting away”.
- Mahatma Gandhi

Halifax Initiative Objectives for the World Bank June 5, 2003

Halifax Initiative Objectives for the World Bank

TO begin a transition from its role in financing conventional power loans to a new role in financing sustainable energy technologies the World Bank should :

CHANGE ENERGY POLICY:

1. Institute a Moratorium on Lending or Guarantees for any project that involves new exploration for fossil fuel reserves in natural forests, pristine and frontier areas.

2. Phase Out Lending and Guarantees for any World Bank project that involves coal and oil extraction.

3. Institute a Moratorium on Lending and Guarantees for fossil fuel power projects pending :

Evaluations of all current and future power projects in full consultation with the communities most affected by the project, respecting the right of the local populations to decline a project which may adversely impact them;

Sierra Club Comments on the Prototype Carbon Fund - June 5, 2003

THE WORLD BANK, BY CREATING THE PCF NOW, IS ACTING UNDEMOCRATICALLY AND IT MUST WAIT FOR A DECISION BY THE CONFERENCE OF PARTIES OF THE KYOTO PROTOCOL.

A. Initial Questions

1. How can the World Bank Group recognize the need to reduce greenhouse gas emissions and promote the development of a Prototype Carbon Fund without addressing the fundamental problem?

March 2002 : Parliamentary Update on the Tobin Tax

PARLIAMENTARY UPDATE:
Support for the Tobin Tax Growing Around the World
 
With the exception of Canada, which is backpeddling on its commitment to Tobin tax adoption in the motion passed on March 23, 1999, and the US, which is ideologically opposed to any control over “free” markets, the debate on the need for and feasibility of currency controls is growing globally. Below are some recent milestones.
 
Argentina

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