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Some narratives in international development hold that ending poverty and achieving good lives for all will require every country to reach the levels of GDP per capita that currently characterise high-income countries. However, this would require increasing total global output and resource use several times over, dramatically exacerbating ecological breakdown. Furthermore, universal convergence along these lines is unlikely within the imperialist structure of the existing world economy. Here we demonstrate that this dilemma can be resolved with a different approach, rooted in recent needs-based analyses of poverty and development. Strategies for development should not pursue capitalist growth and increased aggregate production as such, but should rather increase the specific forms of production that are necessary to improve capabilities and meet human needs at a high standard, while ensuring universal access to key goods and services through public provisioning and decommodification. At the same time, in high
Sweden formally renounces EU net zero roadmap championed by the likes of Germany.
The Securities and Exchange Commission today proposed rule changes that would require registrants to include certain climate-related disclosures in their registration statements and periodic reports, including information about climate-related risks that are reasonably likely to have a material impact on their business, results of operations, or financial condition, and certain climate-related financial statement metrics in a note to their audited financial statements. The required information about climate-related risks also would include disclosure of a registrant’s greenhouse gas emissions, which have become a commonly used metric to assess a registrant’s exposure to such risks.
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