Concerted Strategies to Meet Environmental and Economic Challenges of the 21st Century

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    Creating a framework of effective

    and legitimate institutions to anticipateand manage systemic global challenges

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    Club of Rome ConferenceConcerted Strategies to meet Environmentaland Economic Challenges of the 21st Century

    Barry CarinCentre for Global Studies

    April 17, 2009

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    OutlineOutline

    7 Sins what got us in this mess

    7 Sins impeding effective intl institutions

    7 Virtues international institution building

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    7 Virtues for a grand bargain

    Package deal

    2015 Global Organization Chart

    Coordination / Consultation mechanisms

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    GluttonyExcessive

    demand

    Slothsomeone

    elsesproblem

    GreedVoracious

    materialism

    3

    PrideArrogant

    unilateralism

    SelfIndulgence

    nationalinterests

    Mistrustgeopolitical

    rivalry

    Envywesternlifestyles

    SINSSINS

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    Seven SinsSeven SinsImpeding EffectivenessImpeding Effectiveness

    Arrogance European seats

    Foolishness Under-funding global and regional

    public goods

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    Greed Stingy development financing

    Mistrust Sovereignty trumps global regulation

    Pride Institutional territoriality

    Self Indulgence Protectionist policies Sloth Failure to monitor & evaluate

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    Seven VirtuesSeven Virtues

    Architectural ConsiderationsArchitectural Considerations Altruism- avoid protectionist policies

    Cooperation fund global public goods

    Diligence - monitor & evaluate

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    Generosity - reliable development financing &

    recast trade rules

    Humility abjure institutional territoriality

    Temperance reallocate seats, votes,

    transparency

    Trust global regulation trumps sovereigntyconcerns

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    SevenSeven CooperationCooperation

    GenerosityGenerosity

    TemperanceTemperanceDifferentiatedTargets

    Transfers

    AltruismAltruism

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    VirtuesVirtues

    DiligenceDiligenceHumilityHumility

    Reform G8

    Pursue allwedges

    aptat on

    TrustTrust

    Monitoring

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    Grand BargainGrand BargainPackage Deal

    Contingent Targets- Differentiated &Lagged

    Fiscal Measures and Carbon Markets

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    o a ora on Technology Transfer

    Adaptation

    Forestry Monitoring

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    G20 SherpaPreparatory

    ProcessUNFCCC

    WorldCoordination

    Council

    G20

    Summit

    2015 Global2015 GlobalOrganization ChartOrganization Chart

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    & Carbon Markets

    G20 FinanceMinisters/IMF

    Forestry

    WB/ITTO

    Adaptation

    RDBs/UNDP

    R&D

    "CGIER"IEA/UNDP/WB

    Tech.Transfers

    WIPO/WTO

    Targets

    IEA/UN-Energy

    Monitoring

    IPCC/UNEP/OECD

    $ Transfers

    UNDP/WB

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    Coordinating MechanismsCoordinating Mechanisms

    G 20 Permanent Secretariat (Troika Chair)

    World Coordination Council: Beijing Secretariat

    Standing Inter-Institution Policy Committee FormalSecretariat: Paris

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    G 20 Think Tank Network: London

    Academic Council of Global Economic Institutions:New Delhi

    G 20 Business-Industry Advisory Committee: NYC

    G 20 Civil Society Advisory Committee: Geneva


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