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Trade has the potential to lift millions out of poverty. But the current rules of trade are biased in favour of multinational companies and often hurt the poor. This briefing summarises the World Development Movement’s trade campaign as of May 2008.
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The UK government puts £10 million of its climate finance towards the UN Adaptation Fund, and agrees to give the majority of its funds to the World Bank's climate adaptation fund as grants rather than loans.
The Royal Bank of Scotland commits to developing external environmental, social and ethical risk statements and internally implementing similar policies for oil and gas, mining and metals and forestry and defence.
The EU allocates €40 million to support twinning arrangements between public water utilities in poor regions of Africa, the Caribbean and the Pacific and wealthier European countries.
Following joint campaigning by WDM and other groups and organisations, EON shelves plans for a new coal power station at Kingsnorth in Kent.
