National Government Interventions in a Global Arena
Edited by Frank Wijen, Kees Zoeteman, Jan Pieters and Paul van Seters
Chapter 19: Globalisation and Environmental Stewardship: A Global Governance Perspective
Daniel Esty and Maria Ivanova SUMMARY In this chapter, we disaggregate the impact of globalisation on the environment into economic, regulatory, information, and pluralisation effects. We complement this structure with an analysis of how national and global environmental policies affect globalisation. We then argue that there is a need for a revitalised governance regime to organise and sustain international environmental cooperation, and propose a reform of existing governance structures for environmental stewardship on a functional basis. We suggest the creation of a global environmental mechanism to fulfil three core functions necessary at the global level: provision of environmental information and assessment, policy development, and country-level support. To this end, the global environmental mechanism will comprise three elements: an information clearing-house, a technology clearing-house, and a global environmental contracts forum. We conclude that a ‘light’ institutional architecture relying on reconfigured existing institutions, global public policy networks, and modern information technologies offers the potential of improved results and greater institutional legitimacy because of its response speed, flexibility, cost-effectiveness, and potential for broader public participation. INTRODUCTION Globalisation has ushered in an era of contrasts, one of fast-paced change and persistent problems. It has spurred a growing degree of interdependence among economies and societies through transboundary flows of information, ideas, technologies, goods, services, capital, and people. In so doing, it has challenged the traditional capacity of 549 M2782 - WIJEN TEXT.indd 549 16/11/2011 11:30 550 A Handbook of Globalisation and Environmental Policy, Second Edition national governments to regulate and control markets and activities....
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