We declare our full solidarity with Ukraine. We stand by the side of our Ukrainian partners and colleagues and, at the same time, by the side of our partners in Russian civil society who are beset by harsh repression.
The global hunger for raw materials and its consequences for people and the environment
In this edition of the Böll.Thema magazine, we aim to deliver insights into emerging trends in resource extraction, associated challenges, and, most importantly, the prospects for transformation.
Evolving around the main essay “Sharing life. The Ecopolitics of Reciprocity”, all contributions to this assemblage reflect a common understanding that ecology and biodiversity needs to be reclaimed – and constantly generated – as a process of lived and living realities in a system of reciprocal relationships.
Over the past few decades, market-based finance has become central to the global financial system. Huge volumes of financial instruments are traded on a daily basis. In an effort to improve access to global financial markets for African countries, the United Nations Economic Commission for Africa (ECA) – in cooperation with the asset management firm PIMCO – has proposed setting up a Liquidity and Sustainability Facility (LSF). This is designed to create a Special Purpose Vehicle to subsidise private sector investment in African sovereign debt. The LSF would be financed by official development assistance (ODA), multilateral development banks and/or by the central banks of members of the Organisation for Economic Co-operation and Development (OECD).