If COP 21 Summit in Paris is to play a decisive role in warding off climate havoc, it must strengthen efforts to resolve the greatest market failure in history. Efforts to reconfigure market culture are part of a larger civilizational process of treating profit as the means not the goal of business.
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The 2015 United Nations Climate Change Conference has begun with a strong first step. Take a look at the how India has moved forward from COP20, Lima to COP21, Paris. The conference began on 30 November and will end on 11 December.
The U.S.-driven Trans Pacific Partnership agreement between 12 countries, which is aiming to become the new standard of world trade, impacts domestic systems globally. For India, it will skew investment and intellectual property rights, and especially the debate over the Investor State Dispute System which allows companies to challenge sovereign rights and public policy.
The Conference of Parties (COP21) is beginning on 30 November in Paris, France. Prime Minister Narendra Modi has climate change has one of the top priorities of his foreign policy. Gateway House spoke with Nick Robins, Co-Director, Inquiry into the Design of a Sustainable Financial System, United Nations Environment Programme (UNEP) on green financing and how India can leverage on it to further its energy needs.
The IMF will soon consider an important change to its policy on lending that may help continue its bailout programme to Ukraine, even if Ukraine defaults on a loan from Russia that matures in December 2015. If it does make the change, the IMF could be staking its credibility to favour the West’s political agenda
The third India-Africa Forum Summit in New Delhi concluded on 29 October 2015. It is time that India begins work towards elevating the partnership with Africa and move ahead from the lofty ideals and grand vision statements. A conscious effort to shift gears and pour in investment in Africa is the need of the hour.
Akshay Mathur, Director of Research, Gateway House, attended the Think Tank (Think 20) Summit in Antalya, Turkey. He comments on the Turkish presidency and India's contribution to the G20.
Prime Minister Narendra Modi’s initiatives like the Make in India campaign, Digital India, Skill India, Smart Cities, et al, are all designed to attract much needed foreign capital into the country. However, a lot of global investors are still sitting on the fence. PM Modi, thus, must use the G20 Summit to assure investors and countries that India is open for business.
At India’s first T20 consultation, hosted by Gateway House in Mumbai on October 19, the four working sessions were titled: ‘G20 and new inclusive business models’; ‘Trade, investment, and development’; ‘Financing sustainable infrastructure’; and ‘Technology, services, and skills’. We present an overview of these discussions, arranged in three categories for each session: Why is the issue important for the G20? What are India's concerns on the subject? What were the key issues discussed at this meeting?
Changes in how India plans to approach its relationship with Africa were evident at the recent India-Africa Forum Summit, including the wider representation of African countries, and Modi’s push to forge a united front with Africa at multilateral institutions on trade and other issues. But beyond these, gaps in the India-Africa alliance remain to be addressed.