US Current Affairs and Media
University of Michigan Resumes Contract with Coca-Cola
The University of Michigan announced this week that
it plans to resume purchase of Coca-Cola products
after the company arranged for two independent
investigations into its labor and environmental
practices in Colombia and India. The International
Labor Organization (ILO), a United Nations agency,
agreed on March 24 to begin an investigation into
Coca-Cola?s practices in Colombia, while The Energy
and Resources Institute (TERI) has been indicated as
the body that will conduct investigations in India.
The announcement has disappointed many students
and activists campaigning against Coca-Cola, who
maintain that the organizations retained by Coca-
Cola to conduct these investigations are not truly
independent. These assertions stem from the fact
that Ed Potter, Coca-Cola?s director of global labor
relations, also serves as a business representative to
the ILO, while Deepak Parehk, chairman of India?s
Housing Development Finance Corp., serves on both
Coca-Cola India?s advisory board and the governing
council of TERI. The University of Michigan dropped
its contract with Coca-Cola in January after the
company was found to be in violation of the school?s
Vendor Code of Conduct for its labor and
environmental practices in Colombia and India.
Click here for more information on the campaign against Coca-Cola
World Bank Grants Colombia $20.4 million for Environment
The World Bank announced this week that it plans to
award Colombia two grants, totaling $20.4 million,
from its Global Environment Facility (GEF). These
grants will help facilitate the consolidation of
Colombia?s National Protected Areas System, and the
creation of a Biodiversity and Protected Areas Trust
Fund. Additionally, the funds will be used to help
combat the effects of climate change within the
country. The National Protected Area System will,
according to the World Bank, ?manage both
endowment and sinking funds. The endowment will
support incremental, recurrent costs in protected
areas, while sinking funds will undertake direct
investments in protected areas and surrounding
complementary landscapes, named conservation
mosaics.? An integral part of these operations will be
the ?consolidation? of nine national parks and
fourteen conservation mosaics, which consist of
protected area categories and collectively-owned
ethnic territories. Monies from the grants are also
allocated for programs to help offset the effects of
climate change ?which are projected to impose heavy
burdens on the country?s prospects for sustainable
development.?
Click here for more information on the World Bank's programs in Colombia
About the US Office on Colombia
The U.S. Office on Colombia is an independent non-
profit organization, not affiliated with any political
party, that seeks to educate U.S. policymakers, the
media and the U.S. public about the impact of U.S.
policy on Colombia.
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Quick Links...
US Office on Colombia
ABColombia
The Energy and Resources Institute
Coca-Cola Company
Stop Killer Coke
The World Bank Colombia Program
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