Kategorie: Future of Globalisation

The EU’s Carbon Border Adjustment – proceed with caution

Photo: Power plant from above, Carbon Border Adjustment Mechanism (CBAM)

Photo by marcinjozwiak on Pixabay

Today, the European Commission presented its “Fit-for-55” proposal which includes a Carbon Border Adjustment Mechanism (CBAM). The CBAM would impose a levy on imports into the EU based on their CO2 content from 2023. As part of the European Green Deal, Commission President von der Leyen had announced this instrument two years ago in order to be able to implement more ambitious climate policy targets without energy-intensive sectors shifting their emissions abroad (carbon leakage). Following the Commission’s proposal, the CBAM must now be spelled out in detail by the EU member states and the European Parliament. Going forward, it is key to ensure that the CBAM is effective in fighting climate change, that it is WTO compatible and, above all, that it has as few ramifications as possible for foreign policy and for developing countries in particular.…

The G7 Cornwall Summit – Glass half empty or half full?

Image: Coast of Cornwall

This year’s G7 summit concluded on 13 June with the release of a 25-page leaders’ communique containing 70 paragraphs.  And yet the summit has been criticised by global health and climate campaigners (including Gordon Brown, the UK’s former Prime Minister) for failing to rise to the unprecedented challenges the world now faces.  How fair is this criticism, and is there anything the UK summit hosts might have done differently to avoid it?

Supporting South-South cooperation: Three things the UN should keep in mind

Photo: UN Building USA

This week, the United Nations (UN) High-Level Committee on South-South Cooperation convenes in New York City, and virtually. For the first time in five years, member state representatives and UN officials gather in this setting to review and advise on how the UN system engages with South-South and triangular cooperation. This contribution discusses recent developments and suggests that delegates should encourage stakeholders to

  • be more explicit about what they mean by South-South cooperation;
  • carefully explore ways to expand UN engagement with triangular schemes; and
  • ask UN entities to focus more explicitly on what South-South stakeholders need and want.

Knowledge Cooperation between Africa and Europe: The power of engagement and changing perspectives

Photo: International practicioners of the Managing Global Governance Academy 2018 learning together

As humanity, we face many common challenges in the 2020s: climate change and its effects are at the core, resulting in demands for economic transformation geared towards more sustainability. Underlying are demographic changes, with the need to feed more people while maintaining the natural basis for our survival. Increased digitalisation, global health issues (this is not the first nor the last pandemic), and strong refugee and migration movements call for a united action to address these shared global challenges. Additionally, geopolitical changes bring new important actors onto the world scene.

Biden’s Geo-Economics Forces De-Globalization

Photo: The White House in Washington

Under US President Joe Biden America continues to threaten the rules-based world economic order and is pushing the trend towards de-globalization. Although the new Biden administration rhetorically seeks more „values“ and the „community of democracies,“ the United States is still at its core seeking to protect its national interests with all its economic and military power.