On a day of long speeches in the plenary and loud protests outside, the Danish president of the UN climate talks here told developing countries that progress on the Kyoto Protocol is unlikely here. There may not be any post-2012 commitment of emission cuts by rich nations under the Protocol coming out of Copenhagen. Outside, protesters and police scuffled as an attempt to break through the barricades of the Bella Centre,...

The United Nations today launched a pilot project to provide fuel-efficient stoves to some 150,000 women in Sudan and Uganda to cut the risks of murder, rape and other violence they face in gathering firewood, while at the same time protecting the environment. The Safe Access to Firewood and Alternative Energy in Humanitarian Settings (SAFE) stoves initiative organized by the World Food Programme (WFP) and other UN agencies, will be...

The outcome of the historic climate change negotiations in Copenhagen hinges on the issues of emissions reductions and financing, Secretary-General Ban Ki-moon said today as he urged world leaders to use the final days of the talks to strike an ambitious new agreement. The Nobel Peace Prize-winning Intergovernmental Panel on Climate Change (IPCC) has found that to stave off the worst effects of climate change, industrialized countries must slash greenhouse...

After dedicating most of 2009 to jump-starting financial markets through stimulus packages, developed countries are now turning their attention to reforming the basic architecture of those markets, especially the incentives for risk-taking. In a major step towards regulating systemic risks, the United Kingdom last week announced a one-off 50 per cent “super-tax” on bankers’ discretionary bonuses exceeding £25,000. The move could raise £550 milli on, which would be used to...

The independence of the judiciary and the rule of law will be severely compromised if the integrity of the higher judiciary is not protected by an independent, informed, transparent, fair and robust process.  The former Chief Justice of India, P.B. Gajendragadkar, said: “Wise judges never forget that the best way to sustain the dignity and status of their office is to deserve respect from the public at large by the...