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Global Compact International Yearbook Ausgabe 2010

A profound retrospective of the first decade of the UN Global Compact, challenges in the light of the year of biodiversity, and instruments for an adequate Corporate Citizenship are some of the issues highlighted in the new 2010 edition of the “Global Compact International Yearbook”. Among this years prominent authors are Ban Ki-moon, Bill Clinton, Joschka Fischer and Achim Steiner. UN Secretary-General Ban Ki-moon said: “As the Global Compact enters its second decade, it is my hope that this Yearbook will be an inspiration to bring responsible business to true scale.” Formally presented during the UN Global Compact Leaders Summit in New York, the yearbook is now for sale. Looking back at the past ten years, the United Nations Global Compact has left its mark in a variety of ways, helping shape the conservation about corporate responsibility and diffusing the concept of a principle-based approach to doing business across the globe. Chapter two deals with Biodiversity: UNEP Executive Director Achim Steiner emphasizes the importance of protecting the nature: “Climate change has been described as the biggest market failure of all time – the loss of biodiversity and nature’s economically-important services must surely be running a close second, if not an equal first. Year in and year out, the world economy may be losing services from forests to freshwaters and from soils to coral reefs, with resulting costs of up to $4.5 trillion or more. Decisive action needs to be taken to reverse these declines or the bill will continue to climb – and with it any hopes of achieving the poverty-related Millennium Development Goals and a sustainable 21st century for six billion people, rising to nine billion by 2050.” Dr. Ahmed Djoghlaf, Executive Secretary of the Convention on Biological Diversity, adds: “Now is the time for concrete action from the business community to save life on earth. The alternative is an impoverished planet that can no longer support a healthy, vibrant global economy. The stakes in this fight could not be higher. As the slogan of the International Year reminds us, ‘Biodiversity is life. Biodiversity is our life.’”

A profound retrospective of the first decade of the UN Global Compact, challenges in the light of the year of biodiversity, and instruments for an adequate Corporate Citizenship are some of the issues highlighted in the new 2010 edition of the “Global Compact International Yearbook”. Among this years prominent authors are Ban Ki-moon, Bill Clinton, Joschka Fischer and Achim Steiner. UN Secretary-General Ban Ki-moon said: “As the Global Compact enters its second decade, it is my hope that this Yearbook will be an inspiration to bring responsible business to true scale.” Formally presented during the UN Global Compact Leaders Summit in New York, the yearbook is now for sale. Looking back at the past ten years, the United Nations Global Compact has left its mark in a variety of ways, helping shape the conservation about corporate responsibility and diffusing the concept of a principle-based approach to doing business across the globe.

Chapter two deals with Biodiversity: UNEP Executive Director Achim Steiner emphasizes the importance of protecting the nature: “Climate change has been described as the biggest market failure of all time – the loss of biodiversity and nature’s economically-important services must surely be running a close second, if not an equal first. Year in and year out, the world economy may be losing services from forests to freshwaters and from soils to coral reefs, with resulting costs of up to $4.5 trillion or more. Decisive action needs to be taken to reverse these declines or the bill will continue to climb – and with it any hopes of achieving the poverty-related Millennium Development Goals and a sustainable 21st century for six billion people, rising to nine billion by 2050.” Dr. Ahmed Djoghlaf, Executive Secretary of the Convention on Biological Diversity, adds: “Now is the time for concrete action from the business community to save life on earth. The alternative is an impoverished planet that can no longer support a healthy, vibrant global economy. The stakes in this fight could not be higher. As the slogan of the International Year reminds us, ‘Biodiversity is life. Biodiversity is our life.’”

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Agenda<br />

News Around The World<br />

Partrnership<br />

Bill and Melinda Gates Make 10 Billion Dollar Pledge<br />

Bill and Melinda Gates have announced that their foundation<br />

will commit 10 billion U.S. dollars (about 7.1 billion euros) to<br />

investigating, developing and providing vaccines to the poorest<br />

nations in the world. In a joint statement, the couple said<br />

that strengthening public and private investment in vaccines<br />

over the next decade could help to drastically reduce the rate<br />

of child mortality in developing countries. They also called on<br />

governments and private individuals to close critical financing<br />

gaps in research funding and immunisation programmes for<br />

children. The newly announced financing is in addition to the<br />

4.5 billion U.S. dollars (about 3.2 billion euros) that the Gates<br />

Foundation has already invested in its health programmes for<br />

the investigation, development and provision of vaccines.<br />

Environment<br />

Oil Spill in the Gulf of Mexico<br />

They have set parts of the slick on fire and are using chemical<br />

dispersants on the oil. Aid workers have set up booms to try<br />

to protect the Louisiana coastline. BP was able to cap one of<br />

the riser pipes, sealing off one of the three leaks, and has also<br />

inserted a Riser Insertion Tube tool that allows the oil to be<br />

pumped into a tanker. A 13-meter-high containment dome has<br />

been lowered onto the seabed, 1,500 meters below sea level,<br />

with a plan to funnel the oil to the surface, but efforts so far<br />

have been unsuccessful. Workers will next try to inject shredded<br />

rubber into the borehole and seal it with concrete. But no<br />

matter what steps are taken, the disaster in the Gulf is already<br />

one of the worst manmade environmental catastrophes ever.<br />

The oil will destroy a massive part of the ecosystem, wiping<br />

out large numbers of species and plants, primarily marine<br />

life. This is leading to the collapse of one of Louisiana’s most<br />

important sources of revenue: the fishing industry. Toxin<br />

levels in the food chain are expected to rise, and the oil slick<br />

is now threatening the coasts of Florida and Cuba as well. It<br />

is hard to imagine when the landscape will recover from this<br />

disaster, but studies of the Exxon Valdez spill show that the<br />

effects of the oil are still in evidence twenty years later. BP<br />

has promised to take full responsibility for the oil spill and to<br />

accept legitimate claims for damages. In May, one month after<br />

the drilling rig explosion, the costs are already approaching<br />

$ 625 million – before any claims have been settled.<br />

Human Rights<br />

Almost 40 Percent of US Food Wasted<br />

On April 20, <strong>2010</strong>, eleven people died in an explosion on the<br />

Deepwater Horizon drilling rig. The platform sank two days<br />

later. One month after the disaster, an untold amount of oil is<br />

still streaming from the damaged pipe in the Gulf of Mexico.<br />

The drilling rig was under contract to the BP oil company.<br />

BP has made numerous attempts to manage the catastrophe.<br />

Almost 40 percent of the food purchased in the United States<br />

ends up as rubbish. A study by the Bethesda, Maryland National<br />

Institute of Diabetes and Digestive Kidney Diseases<br />

(NIDDK) found that over the past few years, more food has<br />

been going to waste. In 2003, each U.S. consumer had an average<br />

of 3,750 calories available per day, with around 2,300<br />

of these consumed and 1,450 thrown away. That means that<br />

39 percent of the available food supply went to waste. This<br />

vastly exceeds the 27 percent that the U.S. Department of Agriculture<br />

estimated after its own interviews with consumers<br />

and producers. End-consumers are responsible for the lion’s<br />

share of this waste. In a study by sociologist Jeffery Sobal in<br />

Tompkins County, New York, production accounted for 20<br />

percent of food waste, distribution another 20 percent, and<br />

consumers were responsible for the remaining 60 percent.<br />

Experts posit that lower prices are one reason for the rising<br />

amount of wasted food. Tristram Stuart, author of the book<br />

“Waste: Uncovering the Food Scandal”, writes of the amount of<br />

food wasted in the U.S.: “if food wasted by consumers and the<br />

food industries of the UK is estimated and added to that [U.S.]<br />

total, there would be enough food to satisfy the needs of the<br />

world’s hungry between three and seven times over”.<br />

<strong>Global</strong> <strong>Compact</strong> <strong>International</strong> <strong>Yearbook</strong> <strong>2010</strong> 191

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