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The “collapse of governance”

Korea Times condemns the “collapse of governance” under the administrations of the past 12 years. “At the heart of this war on government is the promotion of deregulation (which means literally de-criminalization). The result of deregulation is that government officials have lost the ability to serve as a check on for-profit organizations. Today, profits for business has become the critical issue in the policymaking process and consequentially the government has lost its ability to formulate and implement long-term policies. That problem has been made worse because deregulation has been paired with privatization so that infrastructure is run for profit. Such an approach poisons attitudes toward the community at every level.”

Source: koreatimes

Local residents are protesting the privatization coal-driven power plant

Local residents are protesting the privatization of Kot Addu Power Company Limited (Kapco) coal-driven power plant “due to environmental concerns.” “The extension in agreements and liquidity damages amounts to Rs27 billion, which appears on Kapco's financial statements and is causing bottlenecks in its privatization, stated the Privatisation Division to the Cabinet Committee on Privatization (CCoP) in its meeting held on January 27. Due to this hindrance in privatizing Kapco, the government wants an investor to take greater interest in key decisions related to the coal expansion project envisaged by Kapco.”

Source: The Express Tribune

Documents (2)

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From state to system: Financialization and the water-energy-food-climate nexus

From state to system: Financialization and the water-energy-food-climate nexus (by Jeremy J. Schmidt, Nathanial Matthews). The water-energy-food-climate nexus has risen rapidly in global water governance over the past decade. This article examines the role of global financial networks in articulating the nexus and in connecting it to sustainability programs. It provides new insights into critical engagements with the nexus that, to date, have focused predominantly on water security and governance.

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THE CHARLEVOIX G7 SUMMIT COMMUNIQUE

The Group of Seven (G7) is an informal grouping of seven of the world’s advanced economies consisting of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. The forum offers an opportunity for G7 Leaders, Ministers and policy makers to come together each year to build consensus and set trends around some of today’s most challenging global issues.

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