Bridges Weekly Trade News DigestVolume 12Number 36 • 30th October 2008

Resources


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SUSTAINABLE INVESTING: THE ART OF LONG TERM PERFORMANCE. By Cary Krosinsky and Nick Robins (Part of the Environmental Insights Series). As the roles of business and capital markets shift to directly address global challenges, practitioners can no longer ignore the growing momentum in sustainable investing. This book pulls together thinking from contemporary experts and includes an overview of past notions, current best practice and future trends. For more information, please refer to: http://www.earthscan.co.uk/?TabId=4833&v=451492

DEVELOPING COUNTRY PERSPECTIVES ON THE ROLE OF THE DEVELOPMENT COOPERATION FORUM: BUILDING STRATEGIC APPROACHES TO ENHANCING MULTILATERAL DEVELOPMENT COOPERATION. By The South Centre. October 2008. This study is a follow up to the initial paper on stakeholder perspectives with respect to the Development Cooperation Forum (DCF) prepared by the South Centre entitled “Reshaping the International Development Cooperation Architecture: perspectives on a Strategic Development Role for the Development Cooperation Forum.” The initial paper undertook a survey of various developing country governmental, intergovernmental, and civil society stakeholders involved in the DCF processes to generate perspectives on the role of the DCF. For further information, please refer to http://www.southcentre.org/index.php?option=com_docman&task=cat_view&gid=45&Itemid=68

MULTILATERALISM BEYOND DOHA. by Aaditya Mattoo (The World Bank) and Arvind Subramanian (Peterson Institute). October 2008. This paper advances five propositions: (1) the traditional negotiating dynamic, driven by private-sector interests largely in the rich countries, is running out of steam; (2) the world economy is moving broadly from conditions of relative abundance to relative scarcity, and so economic security has become a paramount concern for consumers, workers, and ordinary citizens; (3) international economic integration can contribute to enhanced security; (4) addressing these new concerns-relating to food, energy, and economic security-requires a wider agenda of multilateral cooperation, involving not just the World Trade Organization but other multilateral institutions as well; and (5) despite shifts in economic power across countries, the commonality of interests and scope for give-and-take on these new issues make multilateral cooperation worth attempting. To download the paper, please refer to: http://www.petersoninstitute.org/publications/wp/wp08-8.pdf.

ACHIEVING “GREEN GROWTH IN A CARBON CONSTRAINED WORLD.” By Jodie Keane and Gareth Potts (Overseas Development Institute). October 2008. This publication offers a brief overview of emissions traded through the Clean Development Mechanism (CDM), followed by an analysis of the geographical distribution of CDM projects and types. Although it is difficult to assess the sustainable development benefits of the CDM, it is clear that some developing countries have gained. Despite this, the future success and continued growth of the CDM is under threat due to the uncertainty surrounding the second commitment period of the Kyoto Protocol. The second section of this Background Note outlines the current state of play of negotiations. Assuming the CDM continues beyond 2012, some of the new initiatives and reforms that are likely to shape the next climate change regime are discussed. For further information, please refer to: http://www.odi.org.uk/resources/odi-publications/background-notes/2008/green-growth-carbon-trading.pdf

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