IBON at UN: Corporate-driven Green Economy will be disastrous for people and environment : Page 2 of 2
Posted on 18 March 2012
on communities, community-based ownership and stewardship of nature and ecosystems.
2. We also call on governments to adopt a strong regulatory framework for large corporations with mandatory reporting requirements and accountability mechanisms rather than relying on mere voluntary commitments or corporate social responsibility.
3. We call on governments, developed countries in particular, to pursue fundamental reforms in global economic governance, not just environmental governance. This should include reforms in international financial architecture, in multilateral trade rules, in IPR rules, and so on. This should free up resources for undertaking sustainable development following the principle of equitable burden sharing and common but differentiated responsibility and respective capability.