Taxes on international flights, shipping and financial transactions, as well as a global carbon price of $20 to $25 may be key to annually mobilising $100 billion in climate funding by 2020, according to the United Nations high-level advisory group on climate change financing, which submitted its report in New York on Friday. At the U.N. climate summit held in Copenhagen last year, developed countries committed to a goal of jointly...

India has missed a historic opportunity to abolish hunger through a universal public distribution system (PDS), which entitles all citizens to affordable food. The National Advisory Council (NAC), a progressive body established by the United Progressive Alliance, was to draft such a law, but has recommended a Bill which greatly reduces the public's entitlements. This is a setback. India's annual per capita cereal consumption has fallen to 174 kg, lower than...

The case of the Food Security Bill gets curiouser and curiouser.  What started off as a fight between universalization and targeting has ended (or so it would seem) in a complete victory in the National Advisory Council, Government of India (NAC) for targeting through universalization (if such a thing was possible), with the honourable exception of Prof Jean Dreze, who has to be commended for his ‘note of disagreement’. On...

Denmark (Rank 1) Denmark along with two other countries have been ranked as the world's least corrupt countries. With a score of 9.3, Denmark has consistently topped the Transparency International's Corruption Perceptions Index. The country has a strong tradition of openness to global trade and investment, and transparent and efficient regulations are applied evenly in most cases. Denmark also boasts an efficient, independent judiciary that protects property rights, and the level of corruption is...

Terming the recommendations of the National Advisory Council on the proposed Food Security Bill as discouraging, senior leader of the Communist Party of India (Marxist) Sitaram Yechury on Friday underlined the need for a people's movement to pressure the Manmohan Singh government to go in for a universal public distribution system to ensure food security in the country. Addressing a seminar on food security at the CPI(M) State headquarters here, Mr....