New Cold War Weapon Backfires — Global Issues

New Cold War Weapon Backfires — Global Issues

ByNews Polite

Opinion by Jomo Kwame Sundaram, Ong Kar Jin (kuala lumpur, malaysia) Wednesday, November 15, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Nov 15 (IPS) – US President Joe Biden’s Indo-Pacific Framework for Prosperity (IPEF) is the economic arm of his administration’s Indo-Pacific Strategy, aimed at countering China’s influence in the region….

PPPs Fiscal Hoax Is a Blank Financial Silver Bullet — Global Issues

PPPs Fiscal Hoax Is a Blank Financial Silver Bullet — Global Issues

ByNews Polite

Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, November 08, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Nov 08 (IPS) – Public-private partnerships (PPPs) for infrastructure and service provision are both costly and risky. Worse, PPPs typically fail to ensure universal, let alone fair access to public amenities. Public-private partnerships?…

Even Rich Nations Now Worried About ISDS — Global Issues

Even Rich Nations Now Worried About ISDS — Global Issues

ByNews Polite

Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, November 01, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Nov 01 (IPS) – Governments the world over are worried about investor-state dispute settlement (ISDS) rules. These allow foreign investors to sue them for billions over new laws or policies reducing their profits….

Action Delayed, Justice Denied by Voluntary ESG Approach — Global Issues

Action Delayed, Justice Denied by Voluntary ESG Approach — Global Issues

ByNews Polite

Opinion by Jomo Kwame Sundaram, Siti Sarah Abdul Razak (kuala lumpur, malaysia) Wednesday, October 25, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Oct 25 (IPS) – Policy approaches relying solely on voluntary actions to address urgent needs are unlikely to succeed. Depending on optional compliance to address global warming will not…

Insider Expos頯f ESG Greenwashing — Global Issues

Insider Expos頯f ESG Greenwashing — Global Issues

ByNews Polite

Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, October 18, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Oct 18 (IPS) – A senior manager of the world’s largest investment firm has ‘blown the whistle’ on ESG (environment, social and governance) ‘greenwashing’, especially on supposed climate finance. Wall Street whistle-blowerTariq Fancy…

Beware Climate Finance Charade — Global Issues

Beware Climate Finance Charade — Global Issues

ByNews Polite

Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, October 11, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Oct 11 (IPS) – Finance has increased, not reduced, greenhouse gas (GHG) emissions. Meanwhile, funding for mitigation, and especially adaptation, is grossly inadequate, with little for climate losses and damages. Global warming accelerating…

Dont Count on PPP Solutions — Global Issues

Dont Count on PPP Solutions — Global Issues

ByNews Polite

Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, September 27, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Sep 27 (IPS) – In recent years, public-private partnerships (PPPs) have spread rapidly. While usually profitable for the private partners, PPPs have generally not served the longer-term public interest. PPPs as miracle all-purpose…

Dangerous Scramble for Renewable Energy Resources — Global Issues

Dangerous Scramble for Renewable Energy Resources — Global Issues

ByNews Polite

Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, September 20, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Sep 20 (IPS) – The growing and changing material requirements for new technologies have triggered natural resource scrambles for strategic minerals, generating dangerous rivalries fought out in the global South. Scrambles for resources…