ISDS is not only an unwelcome tool that
allows multinational corporations to put pressure on public interest decision - making, it is also incompatible with EU law.
The current system
allows multinational corporations to play tax jurisdictions against each other, threatening to move profits and facilities away from high - tax countries towards low - tax ones.
We are especially concerned with proposals for establishing a private sector facility in the GCF that could
allow multinational corporations to directly access GCF financing for activities in developing countries, bypassing those countries» governments.»
But at the UN climate negotiations here in Durban, South Africa, developed countries have been trying to
allow multinational corporations and financiers to directly access GCF financing.
Not exact matches
Multinational corporations are responding by instructing employees to cease making facilitation payments altogether: a recent KPMG Forensic survey of British and American executives found that only 9 % of the Brits and 13 % of the Yanks still
allow them, down considerably from previous surveys.
However, the realities of online business haven't consistently
allowed independent local companies to truly corner markets that are dominated by
multinational corporations.
The new government money will
allow the agency to hire more auditors and specialists, who will focus on «high - risk» individuals and
multinational corporations.
And every major
multinational corporation with legal representation worth its salt has, so far as the law and pragmatism
allows, one day a year set aside to shred every document and purge every bit of computer memory of records more than one year old on that date.
If the GCF is
allowed to support projects that increase fossil fuel dependency, prioritise the needs of Wall Street and
multinational corporations, or harm people and ecosystems, it will be a huge blow to the world's newest, arguably most important climate fund.
Tomorrow, the U.S. Supreme Court hears an incredibly important case called Kiobel v. Royal Dutch Petroleum, stemming from a federal lawsuit brought under the Alien Tort statute, a remarkable federal law that
allows people from countries outside the United States to sue foreign individuals and
multinational corporations that commit human rights violations abroad - like torture, crimes against humanity, war crimes, genocide, disappearances, summary execution, that kind of thing.