G20 Foundation Lecture on Green Growth, Sustainability and Climate Change at Alma Graduate School,...

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G20 is a group of 20 major economies which represent 90% of the world’s overall GDP, 80% of world trade and 2/3 of the world’s population. As a result of a G20 Summit, the heads of state produce a leaders declaration, where they agree to a number of macro economical reforms and regulations. Since Green Growth, Sustainability and Energy Efficiency were significant agenda topics through past G20 presidencies, the first part of this lecture will evaluate the success of the governance process and identify key obstacles for implementation. The second part will deal with governance innovation and dialogue facilitation between governments, businesses, academia and civil society. Inclusions will be underlined as an important measure for improvement of quality and acceptance of the governmental decision making process. http://www.g20foundation.org/

Transcript of G20 Foundation Lecture on Green Growth, Sustainability and Climate Change at Alma Graduate School,...

  • 1. G20 Foundation Lecture at Alma Graduate School Green Growth, Sustainability and Climate Change within the G20 Process

2. About G20 FoundationThe G20 Foundation is an independent platform formed to help develop a framework for better global governance. As an intermediary platform, the G20 Foundation positions itself as process enabler and a facilitator between governments, business, and academia within the G20 process. As a non-partisan think tank, we stimulate constructive and eective discussions within Outreach Dialogue in order to support the implementation of the G20 commitments on a national level. We add value through encouraging broader public consensus and understanding of the G20 commitments which leads to higher accountability and raises eectiveness of a governance process. Thereby we foster the development of innovative solutions to global challenges, such as economic stability and sustainable growth.| G20 Foundation | Lecture at Alma GS | 1 3. Our Goals Coordinate communication between major G20 stakeholders: - Develop innovative solutions and share best practices for challenges on the G20 agenda. - Contributing to transparency in the overall communication process and creating a broader public consensus for G20 commitments.Provide a framework for analysis of topics attached to G20 agenda: - Combining impulses from politics, economics, academia, private and public organization at national and international level to foster focused public discussions on the G20 agenda and commitments.G20 Foundation Support the implementation of G20 action items in individual countries: - Reinforce the post-summit implementation process of selective items decided upon on the G20 level in cooperation with various stakeholders from the member countries.Increase international cooperation: - Establish new approaches for international cooperation by connecting leading personalities from all relevant sectors worldwide on specic issues. - This is an opportunity to unite cultures, countries, and people based on shared ideals. | G20 Foundation | Lecture at Alma GS | 2 4. Global Governance| G20 Foundation | Lecture at Alma GS | 3 5. Global Governance| G20 Foundation | Lecture at Alma GS | 4 6. Denitions ...a political correction of the globalised market economy in the sense of...an integration of economic systems into more comprehensive social aims... [Holger Mrle] ...a complex multi-level system of governing beyond the nation state... [Ulrich Menzel]| G20 Foundation | Lecture at Alma GS | 5 7. Global Governance ...not a foreign political concept, but a project to reorganise politics at all levels of activity...Global governance means to parry the threat of abandoning organisation by politics in favour of anonymous system logics and the formation of a 'non-state' world... [Dirk Messner/Franz Nuscheler] ...[represents an environment in which] solution strategies would be searched for, which do not question the economic and political benets of globalisation, and are suitable for surmounting and tempering the unfairness and dangers which have occurred...This task has been labelled global governance in the meantime... [German Federal Assembly]| G20 Foundation | Lecture at Alma GS | 6 8. G20| G20 Foundation | Lecture at Alma GS | 7 9. G20 The Group of Twenty (G20) is a new economic integration established in 1999. That is premier forum for international cooperation on the most important issues of the global economic and nancial agenda. It brings together governors from 19 countries and the EU. Objectives: 1. Policy coordination between its members; 2. Financial regulations that reduce risks and prevent future nancial crises; 3. Modernization of international nancial architecture. There are no formal criteria for G-20 membership and the composition of the group has remained unchanged since it was established. In view of the objectives of the G-20, it was considered important that countries and regions of systemic signicance for the international nancial system be included. Aspects such as geographical balance and population representation also played a major part.| G20 Foundation | Lecture at Alma GS | 8 10. G20 Key indicators G20 members represent almost: 90% of global GDP 80% of international global-trade 2/3 of the world's population lives in G20 member countries. The presidency of the G20 rotates annually among its members. The presidency leads a three-member management group of previous, current and future chairs, referred to as the Troika, the purpose of which is smooth transition from one presidency to another.| G20 Foundation | Lecture at Alma GS | 9 11. G20 Countries and Permanent Members| G20 Foundation | Lecture at Alma GS | 10 12. History Was foreshadowed at the Cologne Summit of the G7 in June 1999 Was only formally established at the G7 Finance Ministers' meeting on 26 September 1999. The inaugural meeting took place on 15 16 December 1999 in Berlin. In 2008, Spain and the Netherlands were included, by French invitation, in the G-20 Leaders Summit on Financial Markets and the World Economy.| G20 Foundation | Lecture at Alma GS | 11 13. 2008 G-20 Summit, Washington| G20 Foundation | Lecture at Alma GS | 12 14. 2009 G-20 Summit, London| G20 Foundation | Lecture at Alma GS | 13 15. 2009 G-20 Summit, Pittsburgh| G20 Foundation | Lecture at Alma GS | 14 16. 2010 G-20 Summit, Toronto| G20 Foundation | Lecture at Alma GS | 15 17. 2010 G-20 Summit, Seoul| G20 Foundation | Lecture at Alma GS | 16 18. 2011 G-20 Summit, Cannes| G20 Foundation | Lecture at Alma GS | 17 19. 2012 G-20 Summit, Los Cabos| G20 Foundation | Lecture at Alma GS | 18 20. 2013 G-20 Summit, St. Petersburg| G20 Foundation | Lecture at Alma GS | 19 21. G20 Russian Presidency| G20 Foundation | Lecture at Alma GS | 20 22. Russian G20 Presidency In the forefront of the G20 summit, the Russian presidency announced to set a special focus on growth related topics such as growth through quality jobs and investment, growth through trust and transparency and growth through eective regulation.Unlike preceding presidencies, the Russian G20 presidency set a special focus on including a wide range of dierent parties and Outreach groups in the decision process.Following our analysis of the Outreach groups recommendations and the nal Leaders Declaration, we can state that the G20 have great opportunities to become the leading forum for solving long-term and short-term global problems. The G20 Foundation supports the G20 by integrating the dierent stakeholders of the G20 decision process like the Outreach groups as a neutral and non-partisan process enabler.The G20 Foundation participated at the G20 summit to build up important relationships, for example with the Turkish delegation. As Turkey will take over the G20 Presidency in 2015, it is a member of the G20 Troika right now. | G20 Foundation | Lecture at Alma GS | 21 23. Starting a new Cycle of Economic Growth 2013 Russian Presidency Objectives| G20 Foundation | Lecture at Alma GS | 22 24. By enhancing the Outreach dialogue with non-G20 states, international organizations, business circles, labour unions, civil society, future leaders, academia and think-tanks, we will not only ensure legitimacy, transparency and eciency of the G20, but also expand our vision, come up with better solutions, and generate cross-sectoral synergy to enhance the public benet of the G20. The Russian Presidency of the G20: Outline"| G20 Foundation | Lecture at Alma GS | 23 25. G20 Outreach Russian G20 Presidency Core principle of the Russian outreach strategy during their G20 Presidency is to allow proposals from all relevant groups. For the rst time in the G20 process, the format was enlarged by Civil20 and the Outreach format was expanded to ensure the inclusion of all relevant stakeholders.G20 Leaders Summit Sherpa-OceYOUTH20CIVIL20 BUSINESS20LABOUR20THINK20| G20 Foundation | Lecture at Alma GS | 24 26. The Russian Agenda Overall Goal: Start a new cycle of economic growth Growth through quality jobs and investment; Growth through trust and transparency; Growth through eective regulation 8 Focus Areas Framework for strong, sustainable and balanced growth; Jobs and employment; International nancial architecture reform; Strengthening nancial regulation; Energy sustainability; Development for all; Enhancing multilateral trade; Fighting corruption. | G20 Foundation | Lecture at Alma GS | 25 27. Focus: Global Growth and Public Debt Leaders Declaration: Focus on The G20 framework for strong, sustainable and balanced growth and growth through quality jobs G20 Framework for strong, sustainable and balanced growth (St Petersburg Action Plan) monetary and nancial stability, eective investment labor force participation general agreement on strengthening the foundations for economic and monetary union enforcing domestic price stability, more market determined exchange rates boosting investment addressing fundamental weaknesses enhancing productivity and competitiveness, increasing labor force participation improving nancial stability and credit access, addressing internal and external imbalances | G20 Foundation | Lecture at Alma GS | 26 28. Focus: Global Growth and Public Debt Leaders Declaration: Focus on The G20 framework for strong, sustainable and balanced growth and growth through quality jobs Quality Jobs: more productive and higher quality jobs as key driver for balanced growth Improving the business environment Eduction Job quality Youth Unemployment (Giving Youth a Better Start Initiative) promotion of apprenticeships and vocational training programs Public Debt vague commitment to put debt as a share of GDP on a sustainable path| G20 Foundation | Lecture at Alma GS | 27 29. Case Study: G20 Foundation within G20 Process| G20 Foundation | Lecture at Alma GS | 28 30. Conference on Russian G20 Pr