EU to the rescue: Priorities for a positive multilateralism

Photo: EU FlagsWe are a long way from 2015. That year, the world committed to the Sustainable Development Goals and the Paris Agreement on climate – promising to end extreme poverty, address corrosive inequality, boost peace and prosperity, and stop climate change.

Now in 2018, we already look back at 2015 with nostalgia. This was the high water mark of multilateralism, brought low by the rise of populism and ‘illiberal democracy’. Suddenly, it seems, we are forced to find ways of rescuing the global rules-based order.

A step to the side: the G20’s climate dance

Blog Series: What remains of the G20 Hamburg Summit?
Photo: Pflanzen

Make the finance sector climate resilient

The result of this year’s G20 summit was not a major step forward in solving the climate problem. However, the confrontation with President Trump ended not in a full clash, but rather in a diplomatic climate dance – taking one step back, one step to the side, and one step forward. This presents an opportunity to continue with a climate tango from a new starting point in Argentina in 2018.

Climate change mitigation within a faltering world order – setbacks avoided, breakthroughs postponed

Image: G20 Germany Flags

Setbacks successfully avoided

The German Government had set itself challenging goals for the G20 Summit, developing an ambitious agenda for shaping an interdependent world. The fundamentals of this agenda had already been established when everyone was still expecting Hillary Clinton to succeed Barack Obama as President. But the new White House incumbent is a climate and cooperation sceptic. A man who sets himself up back home against the media, the scientific community and the judiciary, that is, against the entities that keep his power in check. And a man who is divisive on the international stage, favouring protectionism where it serves US interests, withdrawal from the Paris Climate Agreement and a reduction in contributions to the United Nations. A fickle world power that causes offence rather than working with partners to shape global policy. This is no coincidence.

Joint Statement on commitment to the Paris Climate Agreement

This statement is supported by renowned scholars from rising powers of the South as well as Germany. The common position demonstrates our unwavering commitment to the Paris Accord and expresses our determination to deepen joint knowledge creation on existential issues for human survival and sustainable development, for global justice and social integration.

The G20, Climate Action and Economic Globalization: An Agenda

Image: Gas Prices

Get price signals right

The German Presidency of the Group of Twenty (G20) in 2017 takes place under conditions of uncertainty with regards to the outlook for both the global economy and international policy cooperation. Almost a decade after the Group was launched in its current iteration, G20 economies continue to struggle with the factors that led to the Great Recession of 2007 and losses that resulted from shortcomings in domestic and international governance are still to be recovered.