New report: EU biofuel proposal a futile effort to curb productive land use in Asia

 

Worldgrowth.org - The European Parliament is set to vote on a proposal that adds additional burdens for renewable fuels being exported to Europe under the Renewable Energy Directive (RED). The proposed new requirement to report or calculate additional carbon emissions is a vain attempt to regulate land use outside Europe. Even modelling produced for the European Commission itself demonstrated that the proposed policy would have no significant impact.

A recent report by World Growth shows how the burdensome ILUC reporting requirements will simply add new obsta
cles to imports from non-European biofuel producers. Continue reading

Revising the Equator Principles: Why Banks should not become the New Sustainability Regulators of Emerging Markets

On 13 August 2012 a draft of the updated Equator Principles (EP) was released for stakeholder consultation and public comment. This latest revision of the EP is a marked attempt to dramatically alter the role of financial institutions in emerging markets, from financiers to sustainability regulators. Continue reading

Un-Fair Trade: Turning the tide on misguided altruism

Fairtrade (FT) represents itself as a consumer-driven long-term development strategy. It claims to support poor producers in the global south and aims to alleviate them from poverty by certifying their production processes and selling their products to consumers in the global north at a price premium. The FT movement has succeeded in convincing conscientious consumers that its labelled products are the most effective in aiding the poor. However, the extent to which the FT model brings net benefits to the poor is largely unfounded. Continue reading

Press release: Western ‘deforestation aid’ is immoral, threatens developing economies

Doha — Pro-growth NGO World Growth has released a briefing — Immoral Aid: The effect of REDD+ on developing country economies – at the UN climate conference in Qatar. It warns the donor-driven “REDD+” program to reduce emissions from deforestation advances Western interests to the detriment of developing countries.  A review of the program by the World Bank also shows it is grossly inefficient, costing US$22 million to disburse just $4 million in grants. Continue reading

Press Release – Western Green groups undermining economic recovery, raising costs

Pro-development group says campaigners want more ‘green tape’ that will squeeze margins and kill growth

HONG KONG – Pro-development NGO World Growth has delivered a stinging rebuke of policies backed by environmental organisations such as WWF and Greenpeace that want to impose higher costs on pulp producers and forest operators at a time when the global economy is weak and commodity markets are fragile.

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Media Release: Why Rio is a success – BRICS shut out Green excesses

Rio de Janeiro – As the Rio+20 meeting in Brazil draws to a close, World Growth Chairman Alan Oxley notes this meeting is a welcome step change for the UN – away from an unhappy pattern of global environmental meetings marked by division and failure.  The reason is leadership by the BRICS, particularly Brazil. Continue reading

Media Release: Greens Distort Indigenous Rights, Block Sustainable Development

Pro-development group says that Green anti-business campaigns will chill investment and halt sustainable development —precisely when the world needs an economic boost.

Rio de Janeiro – World Growth, a pro-development NGO, today called on Western environmental campaigners to halt appropriating indigenous claims in order to block forestry, agriculture and mining projects in developing countries.

World Growth chairman Alan Oxley made the call before world leaders at the Rio+20 meeting in Brazil.  Mr Oxley was launching a report outlining how environmental campaigners are using the concept of ‘free prior and informed consent’ (FPIC) to destabilise property rights, undermine the rule of law and stymie economic growth in developing countries.

Mr Oxley said that the Greens’ actions were effectively blocking sustainable development.

“Greenpeace in particular has attempted to blame disputes over land and environmental degradation in places such as Brazil, Indonesia, Papua New Guinea and Ghana on the private sector,” said Mr Oxley. “This report shows that in all cases the situation on the ground is much more complicated. It shows that Greens have distorted these indigenous claims for their own agenda and made unproven allegations against the private sector.”

“Free, prior and informed consent was originally developed by a coalition of indigenous groups to have customary laws and property rights respected,” said Mr Oxley. “It was developed to ensure that large-scale development projects consulted indigenous peoples appropriately.”

“Groups such as Greenpeace and WWF have distorted that concept. They want it to apply to all communities, regardless of whether they are indigenous or not. They want FPIC to act as a veto right for anyone who objects to a development project, whether it’s for food security, water security or resource use.”

“The Greenpeace and WWF approach will undermine sustainable development. Rather than increasing secure tenure, it will undermine property rights and land tenure in developing countries. This report shows that poor property rights lead to greater levels of environmental degradation, poor economic outcomes and greater levels of social conflict.”

“The actions of groups like Greenpeace will likely undermine the gains made by indigenous communities in gaining recognition for their customary rights.”

“Even worse, their actions will chill private sector investment in productive industries in developing countries that increase food security, drive exports, drive employment and reduce poverty.

“Many governments are on their knees financially and the global economy is facing headwinds. The world needs and economic boost and greater investment from the private sector – not less.”

Read the report here: http://www.scribd.com/doc/97171664

 

New Research Shows Costs of U.S. Trade Restrictions on Indonesian Exports

World renowned economist finds U.S. trade protections on coated paper products will cost Indonesian companies part of their U.S. market share and raise prices for U.S. consumers

WASHINGTON, DC – Today, the pro-development NGO, World Growth, released a new study by Dr. Robert Shapiro, former Undersecretary of Commerce during the Clinton Administration and chairman of the economic advisory firm Sonecon, which concludes that trade restrictions imposed recently by the U.S. on certain coated paper products imported from Indonesia and China would have adverse effects on U.S. consumers. The analysis was released ahead of the one-year anniversary of the U.S. Department of Commerce’s issuance of anti-dumping and countervailing duty orders on coated paper product exports from China and Indonesia into U.S. markets. Continue reading