PAN AP Contribution To Rio+ 20

Assessing the 20 years of Rio, Rio's twin failures 20 years after the Agenda 21 – an unprecedented ecological crisis and the global economy sinking into a protracted depression manifesting in a worst jobs crisis, poverty and hunger, and poor social outcomes – are telling that the direction of Rio+20 should be more than institutional reforms. Global leaders must recognize at this point that the concept of sustainable development has only been a weak undercurrent to the mainstream of neoliberal globalization. Today’s global problems – food crisis, climate crisis, ecological crisis and economic crisis – are all brought about by the reckless, profit-oriented patterns of production and consumption that neoliberal globalization has intensified for decades. Rio+20 is expected thus to extricate itself from the same policies of open multilateral trading system, privatization, capital liberalization and the like on which Rio was originally based. This also entails the rejection of growth indicators such as international trade and development aid, fiscal reforms, market infrastructure, financial mobilization and the like, and market-based solutions such as carbon trading, carbon market, pricing of and investments in natural resources.


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