For a moment it appeared that the European Investment Bank (EIB) decided to stop investments in coal fired power plants. The bank even seemed to have issued a press release on the matter. But, unfortunately, the message was not real. During the annual press conference of the bank the activists, who were the source of the fake press release, stroke again. In the name of ‘the citizens of Europe’, EIB president Werner Hoyer was awarded with the ‘World Coal Down Award’. Hoyer, who was confused for a second, did not accept the award. The EIB fiercely denied the rumors surrounding the investment stop on coal with the term 'pure nonsense'.
Years of heavy protests from the local population, environmental organizations and experts have led to the suspension of the permit for the construction of a huge steel plant and port by the Korean steel company POSCO in an environmentally sensitive area in Orissa (India). This decision was taken by the Indian National Green Tribunal, a special court for the Environment.
Trade and aid are the new pillars of international cooperation. But does it make sense to link these two together? There’s nothing wrong with finding out whether trade and aid can complement each other, but let’s not overdo it.
What would the world look like if men and women around the world would have the same opportunities in life? What would politics look like if half of the world's leaders would be female? What would development look like if men and women would have equal access to and control over the natural resources they depend upon?