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Transforming cities, transforming lives

News, 10 May 2021 The new Transformative Urban Coalitions project brings IIED and partners together to change structures and values, build new urban coalitions and implement strategies leading to socially inclusive zero-carbon cities. Cities account for 75% of today’s carbon emissions, and meeting global emission goals will require collaboration and city leadership. At the same time, cities are deeply affected by the current climate crisis. Extreme heat events, water stress, deterioration of natural assets and air pollution are having severe negative impacts on health and quality of life in cities, and they are also putting severe stress on cities’ infrastructure. There are no quick fixes for solving these challenges. The invention of alternative construction techniques or the implementation of public transport systems are steps in the right direction, but if they are designed as siloed technocratic processes that are implemented in a top-down manner, they will fail to create

Negotiations in the Framework of the WTO are a New Model of Governance for Foreign Direct Investment: Alicia Bárcena | Press Release

Photo: archive ECLAC The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, indicated today that the negotiations on an investment facilitation for development agreement launched in the framework of the World Trade Organization (WTO) are a new model of governance for Foreign Direct Investment (FDI), since they stress cooperation between investors and host countries, in contrast to traditional agreements that put the emphasis on granting all sorts of rights to investors, without any obligations. The senior United Nations official was one of the main speakers at the “High-level regional roundtable on the benefits and challenges of a WTO Investment Facilitation Framework for Development for Latin American economies,” organized by the International Trade Centre (ITC), ECLAC, the German Development Institute (DIE, Deutsches Institut für Entwicklungspolitik), the WTO, and the World Economic Forum (WEF).

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