Taken together, these trends suggest the emergent contours of a new paradigm of ecological governance. And they carry with them a sense of entitlement on the part of the rights-holder, and thus facilitate legal and political empowerment. ; (2)   save as otherwise agreed between the originator and the addressee, the time of receipt of an electronic record shall be determined as follows, namely:- the addressee has designated a computer resource for the purpose of receiving electronic record,- receipt occurs at the time when the electronic record enters the designated computer resources; or. • Devising ingenious adaptations of private contract and property law is a potentially fruitful way to protect commons. In the few studies where longer time frames have been applied, it could be revealed that a long-term environmental governance strategy could result in a continuing financial benefit. Human rights can provide a broad, flexible platform and a respected legal framework for asserting the right of everyone to a clean and healthy environment. Together, they founded the Commons Law Project. Terms of Use || If a motion is objected to and there is a need to vote, the Chairman/Secretary should call the roll and note the vote of each director who should identify himself. But the reality is that it is the neoliberal project of ever-expanding consumption on a global scale that is the utopian, totalistic dream. Use the GGKP data visualization tool to explore historical data trends across countries and indicators. Home || ||, Circulars & Clarifications on Income Declaration Scheme, Abatement, Composition, Specified Valuation, Tariff / Basic Rate of Duty / Classification, Import Tariff / Basic Rate of Duty / Classification, CST (Registration And Turnover) Rules, 1957, Income Computation & Disclosure Standard (ICDS), Indian Accounting Standards (Ind AS) - 2015, Provisions of Companies Act, 1956 applicable to LLP, Limited Liability Partnership Rules, 2009, LLP (Winding up and Dissolution) Rules, 2012, Income computation & disclosure standards, rendered or made available in an electronic form; and, accessible so as to be usable for a subsequent reference. GREEN INITIATIVES IN CORPORATE GOVERNANCE Certification of e-forms under the Companies Act, by the Practicing professionals. Changes in financial performance are more marked when a sector has higher environmental impacts and risks. These regimes speak to the elemental moral consensus that all the creations of nature and society that we inherit from previous generations should be protected and held in trust for future generations. The notice of the meeting must inform directors regarding availability of participation through video conference, and provide necessary information to enable directors to access the available facility of video conferencing. We use cookies to help provide and enhance our service and tailor content and ads. In Section 2 we argued that the effect of corporate governance on green innovation should vary depending on: (1) the quality of internal corporate governance; (2) the technological lock-in from past innovation decisions; (3) the economic incentives to conduct green innovation given by industry and environmental regulations; and (4) the availability of financial resources. An economics and supporting civic polity that valorizes growth and material development as the precondition for virtually everything else is ultimately a dead end—literally. It entails serious reconsideration of some of the most basic premises of our economic, political, and legal orders, and our cultural orders as well. . The viability of the Commons has been overlooked not just because of the persistence of the Hardin “Tragedy of the Commons” parable and the overweening power of the State/Market, but because the Commons exists in so many forms and is managed by so many different types of commoners. The basic idea is to use conventional bodies of law serving private property interests, but invert their purposes to serve collective rather than individual interests. • A number of examples of eco-minded trusts serving the interests of indigenous peoples and poorer countries could emulate private-law work-arounds to property and contract law in order to create new commons. Commons discourse helps force a conversation about the “market externalities” that often are shunted to the periphery of economic theory, politics and policy-making. If the human species is going to overcome the many interconnected ecological catastrophes now confronting us, this moment in history requires that we entertain some bold modifications of our legal structures and political culture. In the minutes the Chairman shall also confirm the mode of attendance of every director of the company during last three meetings whether personally or through electronic mode. The Ministry of Corporate Affairs has taken a ‘Green initiative in the Corporate Governance’ by allowing paperless compliances by the companies after considering the provisions of Information Technology Act for legal validity of compliances under Companies Act, 1956 through electronic mode. (3)   if the electronic record is spent to a computer resources of the addressee that is not the designated computer resource, receipt occurs at the time when the electronic record is retrieved by the addressee; (4)   if the addressee has not designated a computer resource along with specified timings, if any, receipt occurs when the electronic record enters the computer resource of the addressee. The overall evidence of the study is strongly supporting the argument that sound environmental governance policies, practices and performances are likely to improve in improved financial performance. Green initiatives are every where at present. Governments could also help build trans-local structures that could facilitate local and subnational commons, such as Community Supported Agriculture and the Slow Food movement, and thereby amplify their impact. The reason is simple: the scale of such commons makes participation more feasible and the rewards more evident. It asks questions such as: How can appropriate limits be set on the market exploitation of nature? The report shows evidence of the potential benefits of adopting sustainability as a business strategy. If full support is extended by the Corporate entities, stakeholders etc., then it would be a successful one. Contact us || The provisions of sub-section (2) shall apply notwithstanding that the place where the computer resource is located may be different from the place where the electronic record is deemed to have been received under sub-section (3). Improving corporate governance in the UK’s largest privately-held companies. State trustee commons typically manage hard and soft minerals, timber and other natural resources on public lands, national parks and wilderness areas, rivers, lakes and other bodies of water, State-sponsored research and civil infrastructure, among other things. In addition, corporate governance is directly linked to a company’s long-term success, as proper governance policies can help to attract and retain talented employees. As this suggests, both human rights and nature’s rights are implicit in ecological commons governance. Every director and authorized participant shall state, for the record the full name, location that he can completely and clearly see and communicate with each other participants and will ensure that no one other than the concerned director or authorized participant is attending the meeting through electronic mode. It relates to a specific type of agency relationship that exists between the shareholders and directors/management of a company. It is further clarified that NSDL and CSDL are being approved by the Ministry of Corporate Affairs subject to the condition that they obtain a certificate from Standardization Testing and Quality Certification (STQC) Directorate, Department of Information Technology, Ministry of Communications & IT. Firms with better green governance structure face lower financing constraints. Corporate Governance also says the relationships between the many players interested and the goals for which the corporation is governed. About us || Global Landscape of Renewable Energy Finance 2020, Doubling Back and Doubling Down: G20 scorecard on fossil fuel funding, Green budgeting and tax policy tools to support a green recovery, Resource Efficiency and Climate Change - Material Efficiency Strategies for a Low-Carbon Future, Green Learning Network: Informational Flyer, Building Back Greener: How states and regions are building a more sustainable, resilient post-pandemic future, The Human Capital Index 2020 Update: Human capital in the time of COVID-19, Better data, better decisions: Towards impactful forest monitoring, Building a Climate Resilient Future for Costa Rica’s Coffee Farming Communities, Surabaya: The Legacy of Participatory Upgrading of Informal Settlements, Use of Near-Real-Time Deforestation Alerts: A Case Study from Peru, Case Study of An Energy Project in Health Facilities in Kenya: How to Implement Demand-Based Approaches, Jordan Green Growth National Action Plans 2021-2025: Agriculture sector, Jordan Green Growth National Action Plans 2021-2025: Water sector, Jordan Green Growth National Action Plans 2021-2025: Waste sector, Jordan Green Growth National Action Plans 2021-2025: Transport sector, Mainstreaming Natural Capital in African Development Finance, UNEA-4 Mineral Resource Governance Resolution, An inclusive digital green economy in the making, Buried Waters: Clean energy solutions for water access in Jaisalmer, Rajasthan, Managing Natural Resources for the Benefit of All, Using the Ocean As a Tool for Global Economic Recovery, Moving Towards a Conducive Policy Environment for Eco-Inclusive MSMEs in Ghana, Roundtable: Stakeholder priorities for a forward-looking WTO agenda on environmental sustainability and trade, Launch of the structured discussions on trade and environmental sustainability, Festival of Circular Economy in Latin America, WRI Webinar - Beyond GDP: National Accounting for the Ocean and Ocean Economy, Nature Insight: Speed Dating with the Future, GRID Video - Illegal sand mining and sand mafia in India (Part II), GRID Video - Illegal sand mining and sand mafia in India (Part I), INVESTING IN A SUSTAINABLE FUTURE WITH 'GREEN BONDS', ADBI Drives T20 Innovation for Advancing Global Recovery, OECD and UNDP launch a plan to align global finance with sustainable development, Vacancy at UNEP: Project Associate - Resource Efficiency, Job opening: EU4Environment project: Eco-innovation expert, Vacancy at GGKP: GIP Senior Resource Efficiency Consultant, PhD in Integrated Management of Water, Soil and Waste, Master in Environmental Science: Ecological Environment Protection and Management, Green Industrial Policy: Promoting Competitiveness and Structural Transformation, Life Cycle Management – Capability Maturity Model (LCM-CMM) Training Material, Webinars - Natural Capital Approaches for Biodiversity Policy, GrowGreen Webinar - Selecting the Right Nature-Based Solution in the Right Place, IIED Webinar - Why Inclusion Matters for a Green Post-COVID Recovery, GIZ Webinar - Making long-term low GHG emissions development strategies a reality, The former Yugoslav Republic of Macedonia, United Kingdom of Great Britain and Northern Ireland, Arab Forum for Environment and Development (AFED), Center for Study of Science, Technology & Policy (CSTEP), Centre for Climate Change Economics and Policy (CCCEP), Centre for European Policy Studies (CEPS), Centro Euro-Mediterraneo sui Cambiamenti Climatici (CMCC), Climate and Development Knowledge Network (CDKN), Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, Donor Committee for Enterprise Development (DCED), Environment for Development Initiative (EfD), European Bank for Reconstruction and Development (EBRD), Food and Agriculture Organization of the United Nations (FAO), Grantham Research Institute on Climate Change and the Environment, Green Growth Knowledge Partnership (GGKP), ICLEI - Local Governments for Sustainability, Inquiry into the Design of a Sustainable Financial System (UN Environment Inquiry), Institute for Global Environmental Strategies (IGES), Intergovernmental Group of Twenty Four (G-24), Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES), International Center for Climate Governance (ICCG), International Centre for Trade and Sustainable Development (ICTSD), International Institute for Environment and Development (IIED), International Institute for Sustainable Development (IISD), International Renewable Energy Agency (IRENA), International Union for Conservation of Nature (IUCN), London School of Economics and Political Science, Organisation for Economic Co-operation and Development (OECD), Partnership for Action on Green Economy (PAGE), Peterson Institute for International Economics, Principles for Responsible Investment (PRI), Renewable Energy Policy Network for the 21st Century (REN21), Smith School of Enterprise and the Environment (SSEE), The Economics of Ecosystems and Biodiversity (TEEB), The Energy and Resources Institute (TERI), The University of Cambridge Institute for Sustainability Leadership (CISL), Trade & Industrial Policy Strategies (TIPS), UN Environment World Conservation Monitoring Centre (UNEP-WCMC), Umweltbundesamt (German Federal Environment Agency), United Nations Conference on Trade and Development (UNCTAD), United Nations Department of Economic and Social Affairs (UNDESA), United Nations Development Programme (UNDP), United Nations Economic Commission for Africa (UNECA), United Nations Economic Commission for Europe (UNECE), United Nations Economic Commission for Latin America and the Caribbean (ECLAC), United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), United Nations Economic and Social Commission for Western Asia (UNESCWA), United Nations Educational, Scientific and Cultural Organization (UNESCO), United Nations Environment Finance Initiative (UNEP FI), United Nations Environment Programme (UNEP), United Nations Human Settlements Programme (UN-Habitat), United Nations Industrial Development Organization (UNIDO), United Nations Institute for Training and Research (UNITAR), United States Agency for International Development (USAID), World Business Council for Sustainable Development (WBCSD), Green Growth Best Practice Initiative (GGBP), UNEP_Fiscal_reforms_extractives sector.JPG, Fiscal Reforms in the Extractives Sector for Green Finance, Banking on Sustainability: Financing Environmental and Social Opportunities in Emerging Markets, Challenges in measuring the state of the environment in developing countries: a literature review, Confronting Scarcity: Managing water, energy and land for inclusive and sustainable growth, The Organisation for Economic Co-operation and Development, United Nations Industrial Development Organization.