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Global consensus is growing on the contribution that corporations and finance must make towards the net-zero transition in line with the Paris Agreement goals. However, most efforts in legislative instruments as well as shareholder or stakeholder initiatives have ultimately focused on public companies: for example, most disclosure obligations result from the given company’s status of being listed on a stock exchange.
This article argues that such a focus falls short of providing a comprehensive approach to the problem of climate change. In doing so, it examines the contribution of private companies to climate change, the relevance of climate risks for them, as well as the phenomenon of brown-spinning. We show that one cannot afford to ignore private companies in the net-zero transition and climate change adaptation. Yet, private companies lack several disciplining mechanisms available to public companies such as institutional investor engagement, certain corporate governance arrangements, and transparency through regular disclosure obligations. At this stage, only some generic regulatory instruments such as carbon pricing and environmental regulation apply to them. The article closes with a discussion of the main policy implications. Primarily, we propose extending sustainability disclosure requirements to private companies.
Sustainability disclosures aim at promoting a transition to a greener economy, rather than (only) protecting investors by addressing information asymmetry. Therefore, these disclosures should encompass private companies that are of relevance for the net-zero transition. Such disclosures can be a powerful tool in shedding light on the polluting private companies that have so far been in the dark as well as serving as a disciplining mechanism.
Today in the United States, the notion that ‘the rise of the far right’ poses the greatest threat to democratic values, and by extension, to the nation itself, has slowly entered into common sense. The antecedent of this development is the object of our study. Explored through the prism of what we refer to as the domestication of the War on Terror, this publication adopts and updates the theoretical approach first forwarded in Policing the Crisis: Mugging, the State, the Law and Order (Hall et al. 1978). Drawing on this seminal work, a sequence of three disparate media events are explored as they unfold in the United States in mid-2015: the rise of the Trump campaign; the release of an op-ed in The New York Times warning of a rise in right-wing extremsim; and a mass shooting at a historic African American church in Charleston, South Carolina. By the end of 2015, as these disparate events converge into what we call the public face of the rise of the far right phenomenon, we subsequently turn our attention to its origins in policing and the law in the wake of the global War on Terror and the Great Recession. It is only from there, that we turn our attention to the poltical class struggle as expressed in the rise of 'populism' on the one hand, and the domestication of the War on Terror on the other, and in doing so, attempt to situate the role of the rise of the far right phenomenon within it.
This policy note summarizes our assessment of financial sanctions against Russia. We see an increase in sanctions severity starting from (1) the widely discussed SWIFT exclusions, followed by (2) blocking of correspondent banking relationships with Russian banks, including the Central Bank, alongside secondary sanctions, and (3) a full blacklisting of the ‘real’ export-import flows underlying the financial transactions. We assess option (1) as being less impactful than often believed yet sending a strong signal of EU unity; option (2) as an effective way to isolate the Russian banking system, particularly if secondary sanctions are in place, to avoid workarounds. Option (3) represents possibly the most effective way to apply economic and financial pressure, interrupting trade relationships.
Joint Institutional Frameworks in bilateral relations are circumscribed in policy scope, can lack adequate instruments for dynamic adaptation and provide limited access to decision-making processes internal to the contracting parties. Informal governance, the involvement of private actors as well as rules such as equivalence provide avenues to remedy these limits in bilateral relations in sectoral governance. Through bilateral agreements, the scope of territorially bound political authority is expanded. The formalised and institutionalised frameworks and bodies established are, however, frequently accompanied by mechanisms of informal cooperation and special rules either to cover policy fields where no contractual relation exists, to provide for flexible solutions where needed, or to involve both public and private actors that otherwise do not have access to formal decision-making bodies. This SAFE working paper conceptualises formal and informal modes of cooperation and varying actor constellations. It discusses their relevance for the case of bilateral relations between the European Union (EU) and Switzerland in sectoral governance. More specifically, it draws lessons from EU-Swiss sectoral governance of financial and electricity markets for the future relations of the EU with the United Kingdom (UK). The findings suggest that there are distinct governance arrangements across sectors, while the patterns of sectoral governance are expected to look very much alike in the United Kingdom and Switzerland in the years to come. The general takeaway is that Brexit will have repercussions for the EU’s external relations with other third countries, putting ever more emphasis on formal and rule-based approaches, while leaving a need for sector-specific cross border co-operation.
The lichenicolous fungus Sarcogyne bicolor H. Magn. was recovered as an Acarospora and is given the replacement name, Acarospora destructans. It is reported new from New Mexico. Two new species of Acarospora are described from New Mexico, Acarospora eganiana and A. worthingtoniana. A form or variety of A. glaucocarpa is treated as a species, Sarcogyne melaniza, an apparently rare taxa in Europe.
Based on recent records, 89 lichen species are reported as new to Brazil. For the genera Ancistrosporella, Jamesiella, Lambiella, Paulia, Polyblastia, Porocyphus, and Trimmatothele, it is the first time they are reported from Brazil. Many more, in total 523 species, are newly reported from individual states.
Three new species of Catillochroma are described, viz. C. danfordianum Kalb and C. mareebaense Kalb, both from Queensland, Australia, and C. phayapipakianum Kalb from Chiang Rai Province, Thailand. Eight species are transferred to Catillochroma, viz. C. alleniae, C. alligatorense, C. beechingii, C. bicoloratum, C. coralloideum, C. flavosorediatum, C. hainanese and C. yunnanense. Habit photographs of the new and some other species, mentioned in the text are provided.
New lichens from Africa
(2021)
The following species are described as new to science, mostly based on specimens collected by the first author: Candelariella flavosorediata from Réunion, Chiodecton leprarioides from Réunion, Lecanactis leprarica from Cameroon, Multisporidea nitida, which is a new species and a new, monotypic genus in the Malmideaceae from Réunion, Neoprotoparmelia fuscosorediata from Kenya, Pyrrhospora endaurantia from Kenya, and Tapellaria isidiata from Cameroon.
In a continuation of my investigation of tropical lichenized fungi, a treatment of new or otherwise interesting lichens mainly from Brazil and Venezuela is presented. A total of 34 species are reported here, most of them new discoveries for at least one the two countries or a new discovery for a state, including 11 species new to science. These are Malmidea albomarginata Kalb & Hernández from Venezuela, differing from M. granifera by the thin, white apothecial margins and a white to yellowish medulla, M. allobakeri Kalb & M. Cáceres from Brazil, differing from M. bakeri in lacking atranorin and in having smaller ascospores, M. allopapillosa Kalb from Venezuela, differing from M. papillosa in having atranorin as a major metabolite, M. atlanticoides Kalb & M. Cáceres from Brazil, differing from M. atlantica in containing atranorin and an unknown anthraquinone as major metabolites, M. hechicerae from Venezuela, differing from M. coralliformis by the K+ lemon-yellow medulla of the thallus, M. hernandeziana Kalb from Venezuela, differing from M. fellhaneroides in having a chocolate-brown hypothecium, larger apothecia and larger ascospores, M. isidiifera Kalb from Brazil and Venezuela, differing from M. piperis in having granular to coralloid isidia and atranorin as a major metabolite, M. leucopiperis Kalb from Brazil and Venezuela, differing from M. piperis in the pale-colored hypothecium, M. rhodopisoides Kalb from Brazil, differing from M. rhodopis in having granular isidia, M. subcinerea Kalb from Venezuela, differing from M. cinerea in producing no lichen substances, and M. volcaniana Kalb & Hernández from Venezuela and Brazil, differing from M. sulphureosorediata in having an alternative anthraquinone-chemistry. In addition, the new combination Stigmatochroma glaucothecum (Fée) Kalb is proposed. New reports for Venezuela include Bacidiopsora microphylla Kalb, B. silvicola (Malme) Kalb (new also for Guatemala), Buellia albula (Nyl.) Müll. Arg., Coenogonium pyrophthalmum (Mont.) Lücking, Aptroot & Sipman, Dirinaria rhodocladonica Kalb, Schumm & Elix, Malmidea badimioides (M. Cáceres & Lücking) M. Cáceres & Kalb (new also for Mexico), M. leptoloma (Müll. Arg.) Kalb & Lücking, M. nigromarginata (Malme) Lücking & Breuss, M. perplexa Kalb, M. polycampia (Tuck.) Kalb & Lücking, M. rhodopis (Tuck.) Kalb, Rivas Plata & Lumbsch, M. sulphureosorediata M. Cáceres, D. A. Mota & Aptroot, M. vinosa (Eschw.) Kalb, Rivas Plata & Lumbsch, Psilolechia lucida (Ach.) Choisy, Rhizocarpon sipmanianum Kalb & Aptroot, Sipmaniella sulfureofusca (Fée) Kalb, Stigmatochroma glaucothecum (Fée) Kalb and Vainionora aemulans (Vain.) Kalb. A collection of Pyxine caesiopruinosa (Nyl.) Imsh. from Venezuela is mentioned and its differentiation from P. albovirens (G. Mey.) Aptroot is discussed. New reports for Brazil include Malmidea atlantica (M. Cáceres & Lücking) M. Cáceres & Kalb (for Bahia state) and M. sulphureosorediata (for São Paulo state). A morphological, anatomical and chemical comparison of type material of Malmidea polycampia (Tuck.) Kalb & Lücking and M. flavopustulosa (M. Cáceres & Lücking) M. Cáceres & Kalb revealed that both names are synonym, the first one having priority. For many species revised descriptions and revised chemistry are presented based on South American material. To facilitate the identification of anthraquinones occurring in Malmidea species a table of relative Rfvalues in solvents A, B' and C is presented.