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UN Resolutions passed on Sustainability Agenda and Paris Climate Agreement

The world’s environment ministers, gathered at the second session of the United Nations Environment Assembly (UNEA-2) in Nairobi on late Friday, passed far reaching decisions on issues such as marine litter, the illegal trade in wildlife, air pollution, chemicals and waste, and sustainable consumption and production – which are an integral part of the global action needed to implement the 2030 Agenda for Sustainable Development and the Paris Climate Agreement.
UNEP Executive Director Achim Steiner said, “The environment has always been, and will always be, at the heart of humanity’s prosperity. World nations recognized this in 2015 with global accords, such as the 2030 Agenda, the Paris Agreement, the Sendai Framework on Disaster Risk Reduction and the Addis Ababa Action Agenda. ....

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Germany roundup: Metzler sets up Pensionsfonds for social partners

By Luigi Serenelli2021-03-01T15:45:00+00:00
Metzler, the German bank, has set up a Pensionsfonds to provide occupational pensions based on the social partners’ model, which means social partners can negotiate pure defined contribution (DC) occupational pensions without guarantees and employers’ liability through collective bargaining agreements.
The social partners’ model was introduced in 2018 with the law to reinforce occupational pensions, the Betriebsrentenstärkungsgesetz, but so far employers and employees have yet to sign agreements to finance pension provisions within the new framework.
Last month the financial supervisory, BaFin, gave Metzler the green light to establish its Metzler Sozialpartner Pensionfonds, which runs the new form of occupational pensions. ....

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