When world leaders from over 100 countries wind up their three-day Rio+20 summit in Brazil next week, they will leave behind the shattered remains of a slew of proposals that never got off the ground.
A 30-billion-dollar Global Fund for Sustainable Development? A Financial Transactions Tax? A Sustainable Development Index? A Sustainable Development Council? A Global Fund for Education? A World Environment Organisation? An Inter-governmental Body on Tax Matters?
The proposals originated from environmental activists, non-governmental organisations (NGOs), human rights groups, the U.N.’s NGO Committee on Financing for Development and a High-Level Panel on Global Sustainability.
After continued stalemate – over issues relating mostly to financing and technology transfers – the 193-member Preparatory Committee (PrepCom) failed to reach agreement Friday on a blueprint for a green economy and sustainable development worldwide.
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