The South Centre pleaded for a new strategic framework for the World Intellectual Property Organization (WIPO) with strategic goals aligned to those of the broader UN system in the following statement delivered to the 2015 World Intellectual Property Organization Assemblies held at its headquarters in Geneva on 5-14 October 2015.
BERLIN (IDN) – Hundreds of thousands of poor people joined spontaneous “bread riots” in most major cities in Egypt back in 1977, protesting termination of state subsidies as dictated to the country’s government by the World Bank and the International Monetary Fund (IMF). Those uprisings, which were crushed by the army, underlined the callousness with which the two organizations enforced their aggressive policies of liberalization, turning a blind eye to the sufferings of the people.
WASHINGTON (IDN) – Trillions, not billions, are required to transition to a low carbon and resilient economy and to prevent more than 100 million people, particularly in Africa and South Asia, being pushed back into poverty over the next 15 years, says the World Bank.
The World Bank Group has committed to increasing the share of its portfolio devoted to climate finance, from the current 21 percent, to 28 percent, over the next five years. “When including financing generated from other partners and associated private sector financing, such financing would amount to a potential $29 billion a year by 2020.”
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