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Global Climate Change, Sustainable Development - 1527 Words

The Global Environmental Movement is one of the many (NGO’s) addressing international issues, mostly in developing countries, gathering and analyze technical information. Environmental issues have become a significant problem over the years, which raised concerns at the global and international levels, which provoke movements for environmental protection at the international level. From the early 1960s forward, concern about the global scopes of environmental harm and the movement for international environmental protection grew significantly. The first issues such as oil spills, nuclear testing, and overfishing was the areas targeted for ratification by the United Nations, concerning the environmental protection of Antarctica. Increasing concerns over loss species and poorer nations in the lack of resources lead to these three major issues, biodiversity, global climate change, and sustainable development in which the paper will discuss. Keywords: biodiversity, global climate c hange, sustainable development International Environmental Movements Introduction There are settings where international environmental disputes are arbitrated, such as National courts, the International Court of Justice, and international panels. These meetings, however, generally require that the disputing parties freely submit to the jurisdiction of the court or board.Show MoreRelatedGlobal Climate Change, Sustainable Development1572 Words   |  7 PagesThe Global Environmental Movement is one of the many (NGO’s) addressing international issues, mostly in developing countries, gathering and analyze technical information. Environmental issues have become a significant problem over the years, which raised concerns at the global and international levels, which provoke movements for environmental protection at the international level. From the early 1960s forward, concern about the global scopes of environmental harm and the movement for internationalRead MoreThe Changing Relationship Between Nature And Society1658 Words   |  7 Pagesin every kind of env ironment and region known to man, increasingly dangerous weather patterns and devastating storms are abruptly putting an end to the long-running debate over whether or not climate change is real. Not only is it real, it s here, and its effects are giving rise to a frighteningly new global phenomenon: the man-made natural disaster.† (Obama, 2006). In this speech Obama spoke honestly and truthfully about the current situation society is facing with nature. In this paper I willRead MoreReducing Humans Impact on Global Climate Change988 Words   |  4 Pagesreducing the impact of human activity on global climate change. Both the cause and victim of climate change is human. There are a lot of current and potential threats, which are the consequences of climate change: the rising of sea level, loss of third of flora and fauna, droughts and famine. (McMullen, 2009) On the other side of the cycle, even climate change is considered as natural disaster, human activities encourage the deterioration of climate change. For example, burning fossil fuels producesRead MoreClimate Change And Its Impacts On The Environment935 Words   |  4 Pagesthe deterioration of the earth and one significant factor is due to the issues of climate change. Majority of environmental as well as social scientist that cares about the world defines climate change as the primary source of global risk since it could have severe impacts on the future generations. In addition, the general meaning of the term ‘climate change’ is defined as the change in regional or global climate patterns and it is mainly caused by human a ctivities such as deforestation and emissionRead MoreSustainability And The Current Global Development Model1680 Words   |  7 PagesResilient planet† is a report that was released by the United Nations Panel on Global sustainability in January 2012, which encourages sustainable actions. Moreover, this report advises people to use their human rights to pursue sustainability and encourages governments to take the proper initiatives to resolve current day issues. Currently, social issues such as, poverty, deforestation, global hunger, and climate changes are all leading factors of our failing environment. 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It is gaining impetus as people get more informed on the current effects of climate change and the looming devastating effects of the same on future generations increasing the unpredictability of the future. At the core of sustainable development is the fragile condition of balancing between protection as well as maintenance of the productivityRead MoreThe Critical Implications Of Climate Change For Business1034 Words   |  5 PagesWhat are the critical implications of climate change for bu siness? A business plays a heavy and critical role in the contribution to global climate change. Suzanne Goldberg (2013) reports that only 90 companies worldwide caused two-thirds of the man-made global warming emissions. Oil, coal and gas companies are the major players in the global climate change crisis of the 21st century (Goldberg 2013). Companies such as Chevron, Exxon and BP are three of the highest contributors of greenhouse gasRead MoreMount Everest : Sustainable Tourism And Sustainable Development In Nepal777 Words   |  4 PagesSustainable development is defined as â€Å"development that meets the needs of the present without compromising the ability of future generations to meet their own needs† (United Nations General Assembly, 1987, p. 43). It is not only related with natural environment, but with social and economic conditions of what people do. In this respect, tourism industry which is highly associated with these conditions is, indeed, an essential part of sustaina ble development. Thus, the UNWTO defines sustainable tourismRead MoreOutcome of RIO earth summit 19921626 Words   |  7 PagesIn 1992 the historic UN Conference on Environment and Development (UNCED, popularly known as the Earth Summit) held in Rio de Janeiro, Brazil witnessed unprecedented political will and commitment among governments to make a paradigm shift to sustainable development. Acknowledging the twin crises of poverty and the environment. About the Conference†¦ United Nations Conference on Environment and Development (UNCED) 2 week conference Largest gathering of world leaders in history â€Å"historic moment for

Case Overview for Kamay v the Queen †Myassignmenthelp.com

Question: Write about theCase Overviewfor Kamay v the Queen. Answer: Introduction In the case of Kamay v The Queen[2015] VSCA 296 (13 November 2015), the Supreme Court held the defendant Lukas Kamay guilty of money laundering, identity theft, and insider trading (Australasian Legal Information Institute, 2015). The defendant pleaded guilty to all these charges. The Supreme Court Justice, Elizabeth Hollingworth, regarded this case as the worst instance of insider trading which has come forward before any of the courts in Australia. Facts of Kamay v The Queen Lukas Kamay was the associate director at the foreign exchange sales desk, of the National Australian Bank, in Melbourne, and Mr. Hill was the time series analyst, at the Australian Bureau of Statistics. Kamay and Hill had a mutual arrangement, according to which, Hill would provide the information pertaining to the MEIs (Main Economic Indicators), which are regarded as significant, as well as, supremely confidential statistics, related to the state of the market of the Australia, as well as, the economy of the country, to Kamay. Kamay would then use this MEI information, to sell/buy the margin FX contracts (Australasian Legal Information Institute, 2015). Some of these were deliberately traded at a loss, to show a normal trading pattern. Kamay went beyond the agreed limit, set between him and Hill, of $200000. This resulted in a net profit of above $7 million to Kamay, whilst Hill received only $200000 from this arrangement.. Supreme Court New South Wales Supreme Court Justice, Elizabeth Hollingworth, in the matter of the charges relating to insider trading, found that, Kamay knew that this MEI information was not ordinarily available information (Danckert, 2015). She held that in case this information was ordinarily available, any prudent individual would anticipate it to have a major effect upon the value/price of such contracts. She further held that the insider trading was not a victimless crime, as it not only harmed the market, but the public confidence as well. She acknowledged that Kamay had conducted 45 transaction, spread over a period of 8 months, in a carefully planner, premeditated manner. Further, Kamay took deliberate steps to conceal this by incurring some losses. So, Kamay was motivated purely and simply by personal greed, and there was no financial pressure, or any addiction problems. The judge held that even though the defendant was legitimately regretful, but the general deterrence had a key role in this whole sche me. So, she awarded Kamay imprisonment for 7 years, 3 months, for insider trading, along with a non-parole period of 4 and half years (Vines Carlyon, 2015). Judicial Interpretations Supreme Court Justice, Elizabeth Hollingworth considered that Kamay was trying to cover the proceeds of the crime committed by him, by attempting to wear a cloak of respectability. Kamay was clearly aware about the confidentiality of the MEIs, and even though it is not a serious crime, but there was a harm caused to the general public (Narushima, Rooy, Randall, 2015). The judge also considered the sole motivation of Kamay, was to gain profits. Conclusion The judge, considering this the worst instance of insider trading, said that Kanay had only brought shame, as well as, embarrassment to himself, along with his family. Though, she held that Kanay had outstanding hopes for rehabilitation. During the sentencing, Elizabeth Hollingworth acknowledged, that she wanted the young people to be deterred, from engaging in such criminal conduct, in the corporate world. References Australasian Legal Information Institute. (2015). Kamay v The Queen [2015] VSCA 296 (13 November 2015). Retrieved on 06/10/16 from: https://www.austlii.edu.au/cgi-bin/sinodisp/au/cases/vic/VSCA/2015/296.html?stem=0synonyms=0query=Kamay%20v%20The%20Queen Danckert, S. (2015). Insider trader Lukas Kamay jailed for seven years. Retrieved on 06/10/16 from: https://www.theaustralian.com.au/business/insider-trader-lukas-kamay-jailed-for-seven-years/news-story/952d8812aa879f484214f7a5ebb3cae1 Narushima, H., Rooy, J.V., Randall, S. (2015). Court comes down hard on Young insider trading offenders: DPP (Cth) v Hill and Kamay [2015] VSC 86. Retrieved on 06/10/16 from: https://www.lexology.com/library/detail.aspx?g=a702268d-82cc-402a-a9f8-956a88530648 Vines, H. Carlyon, P. (2015). 'Greedy' pair Lukas Kamay, Christopher Hill jailed over $7 million ABS insider trading scam. Retrieved on 06/10/16 from: https://www.abc.net.au/news/2015-03-17/pair-sentenced-over-abs-insider-trading/6324526