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Breaking the shell of tax evaders

News from India - 18. August 2017 - 4:06
The government should be careful in taking action against listed companies as it can affect investor confidence

The miracle

News from India - 18. August 2017 - 3:04
It is worthwhile to keep in mind that from one way of looking, the Republic is a bonafide miracle. Few people gave us a chance. And yet here we are

Power digital with sensible technology policies

News from India - 18. August 2017 - 2:57
Even as India seems to be on its way to becoming a digital powerhouse, it still does not have a comprehensive policy on data protection or online security

A bubble in political risks, too

News from India - 18. August 2017 - 2:47
What makes today’s uncertainty different is how asset bubbles are bumping up against surging political risk, a problem compounded by a uniquely weak roster of world leaders

Belize moratorium on offshore oil activity landmark step forward for marine conservation

News from WWF - 18. August 2017 - 2:00
Belmopan, Belize, 18 August 2017– The Belize government's decision today to introduce critical legislation to establish a permanent moratorium on offshore oil activity in and around the Belize Barrier Reef has been welcomed by WWF, Oceana and other members of the Belize Coalition to Save Our Natural Heritage as a landmark step forward for the World Heritage site and marine conservation globally.
 
The move to stop damaging oil exploration in Belize's territorial sea and Exclusive Economic Zone, expected to be adopted in the country's next parliamentary session in November 2017, marks an important first step toward protecting coastal and marine ecosystems worldwide and safeguarding the largest barrier reef in the western hemisphere, a significant biodiversity hotspot.
 
"At a time when nature is under increasing pressure and being lost at an unprecedented and accelerating rate, we are beginning to realise its irreplaceable contribution to our own economy and welfare. The Belize government's commitment to protect the Belize Barrier Reef sets an example for the kind of leadership we urgently need to protect our planet's oceans and some of its most productive, outstanding - and yet, extremely vulnerable - places," said Marco Lambertini, Director General, WWF International.
 
The Belize Barrier Reef, a UNESCO World Heritage site since 1996, is home to almost 1,400 species and serves as a critical source of livelihood for over half of Belize's population. In October 2016, a decision to allow seismic testing for oil barely one kilometre away from the site caused national and global outcry over concerns on the potential impact on the site and its unique ecosystems.
 
"Last year's mobilization showed how we stand united in our determination to protect the reef - a source of life, tradition and pride for all of us in Belize. We are heartened by today's decision which demonstrates the government's commitment to protect our national treasure," said Nadia Bood, Mesoamerican Reef Scientist at WWF. "We now need to continue our efforts, as decision-makers, civil society and individuals, to ensure the reef and its remarkable biodiversity is safeguarded for marine life and communities for years to come."
 
"The catalyst for change has, and will always be, the will of the people. On the issue of offshore oil exploration in one of the world's most unique marine environments, the unwavering engagement of Belizeans, the Belize Coalition to Save Our Natural Heritage members and the global community has been the constant factor that has brought us to this point in our democracy, " said Oceana's Vice President in Belize, Janelle Chanona. "Once enacted, this legislation would signal Prime Minister Barrow's administration's recognition that the quality of our lives directly depends on the integrity of natural resources and that the livelihoods of the tens of thousands of Belizeans who depend on the reef are not disposable. This legislation will also make Belize a leader in protecting corals and safeguarding coastal and marine ecosystems—actions that will hopefully prompt similar actions around the world."
 
A WWF assessment published in June this year showed the Belize Barrier Reef to be under threat from offshore oil drilling and damaging coastal construction. While the ban on offshore oil activity would be significant progress, urgent action to strengthen mangrove regulation and limit the sale of public land in the World Heritage site is also needed.
 
Reef-related tourism and fisheries support around 190,000 people in Belize. The annual economic contribution of reef-related tourism, fisheries and scientific research is estimated to be around 15 per cent of Belize's gross domestic product (GDP).
 
For 30 years WWF has been working to conserve Belize's unique biodiversity, tackling its greatest threats while improving the lives of vulnerable communities, as part of its integral scope in the Mesoamerican Reef System. 
 
Like the Belize Barrier Reef, nearly half of natural World Heritage sites worldwide are threatened by industrial pressures, putting the livelihoods and well-being of communities who depend on them at risk and threatening their long-term viability. WWF's campaign, Together Saving Our Shared Heritage, is working to strengthen the implementation of the World Heritage Convention and reinforce the OECD guidelines that protect these sites. To date, over 400,000 people have expressed their support for the protection of the Belize World Heritage site through the campaign.
 
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Notes to Editors:
WWF photos and videos for use along with copyright information are available for download here.
Oceana photos and videos for use along with copyright information are available for download  here.
The WWF report Protecting People through Nature on the importance of natural World Heritage sites to communities and wildlife and the threats they face is available here.
The report Too Precious to Drill: The Marine Biodiversity of Belize outlining why Belize's marine environment needs to be protected from oil activities can be found here.
 
For more information, please contact:
Nadia Bood nbood@wwfca.org | 501-602-6015| Skype: nboodwwfca
Janelle Chanona jchanona@oceana.org |501-610-2358| Skype: jchanona.oceana

Evolving Internet in India

News from India - 17. August 2017 - 21:59
Compared to India’s 70 years of Independence, the Internet in the country is relatively young at 31

Should blockchains replace CEOs?

News from India - 17. August 2017 - 21:42
Blockchain’s Digitally Autonomous Organization is perhaps the future of organizational structure, which can bring about digital democratization of business

4.1 million jobs that can change India

News from India - 17. August 2017 - 21:01
It is time for India to restructure itself in order to offer skills and jobs of the future—a future where jobs aren’t only a source of income but also to create a peaceful, information-rich society

The China question

News from India - 17. August 2017 - 20:15
The reasons for the trade deficit are more complicated than the popular discourse of rupee vs yuan takes into account

Complex truths about colonial India’s economy

News from India - 17. August 2017 - 20:14
Economist Angus Maddison dwells on India at great length and his analysis reaffirms certain popular notions of the colonial impact on the Indian economy

India at 70: how are we doing?

News from India - 17. August 2017 - 20:12
In the seven decades since independence, India has emerged as a robust democracy and a rising economy but it also has a long list of unfinished tasks

Make-work schemes need to come back

News from India - 17. August 2017 - 20:09
Mark Zuckerberg can wax poetic all he wants about universal basic income. He’s wrong

Why I will not support a ban on Pehredar Piya Ki , or of any other show

News from India - 17. August 2017 - 16:31
You can’t cry foul at channels censoring Game Of Thrones or not giving a film certificate to Lipstick Under My Burkha because you like their storylines, even if the government doesn’t

Brooklyn's social housing microgrid rewrites relationships with utility companies

New from UNFCCC - 17. August 2017 - 15:59
Source: Guardian - Microgrids, promising energy self-reliance for communities, are growing in popularity as they become more affordable

Climate Bonds Pioneered by Goldman Lure Storm-Plagued Cities

New from UNFCCC - 17. August 2017 - 15:59
Source: Bloomberg - As climate change pushes U.S. cities to build protections against stronger storms and more frequent floods, the Rockefeller Foundation is helping cities with a novel kind of financing, one that transfers some of the risk of innovative projects from cities to investors.

Opinion: Climate lessons from California

New from UNFCCC - 17. August 2017 - 15:59
Source: NY Times -

Finnish startup is developing revolutionary ultrasound technology to fight industrial pollution and purify water

New from UNFCCC - 17. August 2017 - 15:59
Source: Business Insider - Altum Technologies, a Helsinki-based startup working with Harvard and Helsinki University to pioneer the use of ultrasound in tackling industrial pollution.

What's cooking? A healthy LPG ecosystem is what

New from UNFCCC - 17. August 2017 - 15:59
Source: Economic Times - In purchasing parity terms, per capita income in India is the second-highest compared with its four immediate south Asian neighbours.

Swiss trees swelter as climate warms

New from UNFCCC - 17. August 2017 - 15:59
Source: Climate News Network - Foresters are being urged to plant tree species resilient to climate change to save the timber industry as Swiss trees swelter.

Swiss, EU move closer to linking emissions trading systems

New from UNFCCC - 17. August 2017 - 15:59
Source: Reuters - Switzerland and the European Union have moved closer to linking their carbon emissions trading systems (ETS) after the European Commission and Swiss government gave their backing for a deal.

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