...GLOBAL ENVIRONMENTAL REGIME DESCRIPTION The following paper is going to investigate, analyze and evaluate the Global Environmental Regime, topic that is included within the discipline of Global Governance. Najam, Papa and Taiyab (2006, p. 3) define the global environmental regime as “the sum of organizations, policy instruments, financing mechanism, rules, procedures and norms that regulate the processes of global environmental protection”. Nowadays, it has increased the importance of this sector in global governance, in which different actors are involved. Biermann (2004) states that global environmental regime is characterised as a multi-actor governance system where the non-state organisations have a large influence. Biermann (2004) highlights some actors such as nongovernmental lobbying as activist groups, business associations and policy research institutes; networks of scientist; the influence of mayor companies; intergovernmental organizations; and supra-national institutions (OCDE). EVALUATION Global environmental regime is an immature regime. In this section it is going to be analysed the main global governance gaps and what is their weaknesses. According to Fauchald (2010) the weaknesses of the regime are: 1. Environmental indicators still deteriorating despite the efforts of different actors. 2. Lack of coordination among the Multilateral Environmental Agreements (MEAs). It is a problem the lack of common tools and the developing of a common strategy...
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...International Environmental Diplomacy: Canada’s Actions in the Stockholm Convention, the Basel Convention, and the Montreal Protocol Canada’s Role in Global Environmental Governance According to John Kirton, a University of Toronto political science professor, “Canada has long been a successful pioneer in generating multilateral environmental agreements and and institutions for the global community, and its legacy…generates exceptional domestic unity and international respect” (Abstract). Canada’s respect for the environment stems from its profound understanding of the impact other countries have had on its own lands, fisheries, and other natural resources over the years. Canada’s role in global environmental governance (GEP), then, has always been large and well-defined; as Tanner put it, “Canada has taken a leading role” (p. 1). Canada and the Basel Convention The Basel Convention of 1989 was signed on March 22 of that year, and now includes 172 countries. The Basel Convention was based on concern about the transboundary movement and the disposal of hazardous wastes which was first raise in the late 1970s and early 1980s (Government of Canada, “Basel Convention”). Canada was a part of the Convention’s development and one off its original signatories; Canada also participated in global environmental governance (GEP) by using the Export and Import of Hazardous Waste Regulations (a prior governing law known as EIHWR) to enforce hazardous waste laws already in effect (Government...
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...Master’s Programme in Public Policy 2007-2008 Governance, Institutions and the Global Political Economy Assessed Essay Question: Outline the types of institutions which comprise the emerging global civil society. What is their potential for contributing to ‘globalization with a human face’? Essay Number: 707004 Word Count: 3491 I. Introduction While globalization processes have propelled the world into an era of shrinking borders, rapid technological advances and intensifying connectedness, global civil society has risen at an equally rapid pace. Though global civil society is not a new phenomenon, the realm has become increasingly compelling in light of the explosion of civil society institutions that constitute a truly global sphere (Falk, 2000). By 2002, more than 30,000 international nongovernmental organizations existed alongside more than 20,000 global civil society networks, ninety percent of which had emerged during the previous three decades (Edwards, 2002). As numbers continue to increase, the true estimate of global civil society institutions is likely in the millions (Matthews, 2003). The growth of global civil society in the era of globalization leads naturally to questions regarding the institutions included in this sector and their contributions to the processes of globalization. Consequently, this essay will review the institutions that comprise the emerging global civil society and critically assess their potential...
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...Global Governance Governance is a process or all processes of governing. It is mainly undertaken by a market, hierarchy (government) and network. It is undertaken over a family, tribe, formal or informal organization or territory. It needs laws, norms, power or language. Governance relates to “the processes of interaction and decision-making among the actors involved in a collective problem that lead to the creation, reinforcement, or reproduction of social norms and institutions. Although government may be involved in governance, it is possible to have ‘governance without government’. Global governance is a broad, dynamic and complex process of interactive decision-making at the global level. Global governance refers to the processes through which international affairs are coordinated. Global Governance or world governance is a movement towards political integration of transnational actors aimed at negotiating responses to problems that affect more than one state or region. It tends to involve institutionalization. These institutions of global governance_the United Nations, the International Criminal Court, the World Bank, etc,._tend to have limited or demarcated power to enforce compliance. The modern question of world governance exists in the context of globalization and globalizing regimes of power: politically, economically and culturally. In response to the acceleration of interdependence on a worldwide scale, both between human societies and between humankind and...
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...Global governance is the political interaction of transnational actors aimed at solving problems that affect more than one state or region when there is no power of enforcing compliance. Global governance represents a complex of formal and informal institutions, mechanisms and processes between states, markets, citizens and organisations through which collective interests at a global level are articulated. Global governance developed because of globalization which is taking place in the world now and which has led to a restructing of the global order, meaning that events and decisions made outside sovereign states increasingly influence the outcome of political processes within sovereign states. This is the reason why nowadays a lot of issues are decided or determined at a transnational level, either by states acting collectively (such as G7 and G20) or as rules created by transnational regulatory authorities ( main examples are the WTO and the IPCC). As there is no global government, global governance typically involves a range of actors including states, as well as regional and international organizations. However, a single organization may nominally be given the lead role on an issue, for example the World Trade Organization in world trade affairs. Thus global governance is thought to be an international process of consensus-forming which generates guidelines and agreements that affect national governments and international corporations. Examples of such consensus would...
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...Futility of International Environmental Governance The increased frequency of irregular climatic events, among which are violent hurricanes, whirling tornados and record-breaking temperatures has resulted in an amplified concern in the changing climate. “Certainly, this is no coincidence; extreme circumstances often serve to galvanize public attention.” These rising trends of environmental awareness have superseded individual societies. Resultantly, there have been countless efforts of working towards pragmatic solutions to environmental concerns by means of global governance as an international collective. “The distinct characteristics of global governance lies in the assumption that the effective handling of problems is no longer the exclusive responsibility of government but of joint activities by governments, international and supranational institutions.” This understanding of global interconnectedness has incited the creation of numerous organizations, institutions and international environmental initiatives, specifically the Kyoto Protocol. However, environmental impediments have not seen notable improvements and can be attributed to the flaws of global environmental governance. Firstly, contributing to the failure of environmental policies is the ineffective structure of the Kyoto Protocol. Furthermore, with the rise of globalization, neoliberal ideals have prioritized market successes at the detriment of the environment and international environmental initiatives. Lastly...
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...failures of environmental multilateralism demonstrate the need for a World Environment Organisation.’ Critically evaluate this claim. One of the main challenges that face environmental politics today is a significant lack of integration between the global governance structures that address ecological matters. The international trade system has some of the most powerful institutional actors, such as the World Trade Organisation, where legal rules are supported by a dispute resolution body, trade sanctions, as well as the power to authorise other retaliation tactics when a country does not comply with a ruling (Eckersley 2003.) In contrast, the existing multilateral framework for environmental politics provides a fragmented, and incoherent arrangement to govern some of the most important ecological issues. Organisations like the United Nations Environmental Programme, for example, are supported by voluntary member state contributions, and lack the financial foundation, as well as the legal mandate to express sound environmental policy-making. As quoted by Eckersley (2003), “judged in terms of size and teeth, we might regard the WTO as a large tiger and MEAs as a ragged collection of small cats” (pp. 2.) This paper makes the case for a reorganisation of environmental governance, with the specific transformation of UNEP into a World Environment Organisation (WEO.) A WEO is argued to be able to provide an authoritative voice and force to issues of the global commons, as...
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...I. Introduction: Energy is a global matter and energy policy is at focus of some of the hardest challenges that the world encounter. National governments play the main role in energy governance, the challenges fronting policy makers are beyond the range of any sole national government to succeed, making energy policy a key component of global governance and international relations. The global energy landscape has transformed radically in recent decades. The instability of energy markets is a distinct worry for both developed countries and those countries facing rapid economic growth. II. Objectives of global energy governance: Markets necessitate governance appliances that can impose contracts, define and apply property rights, control...
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...Green Technology: A Cost Benefit Analysis of Business going Green Cost Benefit Analysis of Green Technology. I. Introduction Many business owners fear the costs associated with going green and although the net return varies according to the sector, in most cases these fears are unwarranted. Sustainable business practices should be evaluated based on a cost/benefit analysis. The benefits for things like brand reputation and employee loyalty, must be weighed against the costs and risks. When considering the value of sustainable practices businesses need to be notified of a wide range of benefits. Human resources are a good example of a department that benefits from greener practices. According to The Harvard Business Review’s summary of a number of green building studies, green facilities have been shown to increase the productivity of employees. Research further reveals that retailers who installed skylights saved energy and boosted sales by as much as 40 percent. Other research has indicated that loyalty and morale are positively impacted by a green workplace. Greening a physical environment contributes to health and reduces sick days. MonsterTRACK.com study revealed that people want to work for a company that is green. These factors enable green companies to attract and retain the best people, while saving human resources time and money. Green initiatives can save money, strengthen...
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................................................................................................ 3 LO 1.1: Briefly explain how the globalization has an impact on a national economy ......... 3 LO 1.2: Discuss the influence of international institutions. .................................................. 4 LO 1.3: Explain the role of European Union on Unilever, UK. ........................................... 6 LO 2.1: Explain the importance of having good Corporate Governance for the organization ............................................................................................................................................... 7 LO 2.2 & 2.3: Discuss what regulatory requirements exist in the country shaping the corporate governance practices of an organization and their role in ensuring corporate stakeholder’s interest. ............................................................................................................ 8 LO 3.1: Discuss the economics of adopting a policy of environmental awareness in organizations. ........................................................................................................................ 9 LO 3.2: Briefly explain the actions that need to be taken by the selected organizations to maintain the environment .................................................................................................... 10 LO...
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...COMSATS Institute of Information Technology Vehari Department Of Management Sciences Report Title: Topics: Role of Media in improving corporate governance. Environmental concerns and corporate governance CSR of any organization Prepared for: Mr.Sohail Tahir Prepared by: Altaf-Hussain (FA11-MBA-004/VHR) M.Sajjad (FA11-MBA-011/VHR) The Media Role in Corporate Governance Improvement What is media? Communication channels through which news, entertainment, education, data, or promotional messages are disseminated Types of Media Print Media Electronic Media Importance of media Media is the most powerful tool of communication. It helps promoting the right things on right time. It gives a real exposure to the mass audience about what is right or wrong. Even though media is linked with spreading fake news like a fire, but on the safe side, it helps a lot to inform us about the realities as well. "The world is moving towards progress in every walk of life. But when we look towards societies, it feels as if some thing is still missing. Money, power, lust, etc., is the wish of every human being to attain. But we can't deny this fact that we all are bounded with loads of social problems, which are hard nuts to crack. Social issues are matters which directly or indirectly affect many or all members of a society and are considered to be problems, controversies related to moral values, or both. Social issues include poverty, violence, corruption, bribery, suppression...
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...Corporate Governance and Corporate Regulation 2.1 Introduction CSR is increasingly an essential issue for companies.1 It is a complex and multidimensional organisational phenomenon that is understood as the scope for which, and the ways in which, an organisation is consciously responsible for its actions and non-actions and their impact on its stakeholders. It represents not just a change to the commercial setting in which individual companies operates, but also a pragmatic response of a company to its consumers and society.2 It is increasingly being understood as a means by which companies may endeavour to achieve a balance between their efforts to generate profits and the societies that they impact in these efforts.3 This chapter discusses these issues. First, it describes CSR and its core principles. Second, it describes CG and narrates CG’s convergence with CSR. Third, it highlights how different economies are incorporating CSR notions in their corporate regulation. 1 Jeremy Moon and David Vogel, ‘Corporate Social Responsibility, Government, and Civil Society’ in Andrew Crane et al. (eds), Oxford Handbook of Corporate Social Responsibility (2008) 303; David Vogel, The Market for Virtue: The Potential and Limits of Corporate Social Responsibility (2005); Nada K Kakabadse, Cecile Rozuel and Linda Lee-Davies, ‘Corporate Social Responsibility and Stakeholder Approach: A Conceptual Review’ (2005) 1(4) International Journal of Business Governance and Ethics...
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...Customer Relationship and Corporate Governance in Sustainability of Business Vinod Krishna U. Makkimane Sr.Faculty Institute of Business Management & Technology Banashankari 3rd Stage, Bengaluru. Sustainability is a dynamic concept born out of the environmental debate of the last quarter century. There is growing concern nationally and internationally about biodiversity and protection of plants and animals and community based activity. It is important to view sustainable efforts from global perspective that addresses socio-economic and environmental issues. Sustainable Development as a norm has been accepted in the literature ever since the publication of the Brundtland Commission report in 1987.The Brundtland Commission defined Sustainable Development as that which "meets the needs of the present without compromising the ability of the future generations to meet their own needs". A primary goal of sustainable development is to achieve a reasonable and equitably distributed level of economic well being that can be perpetuated continually for many human generations. It also implies using renewable natural resources in a manner that does not eliminate or degrade them, or otherwise diminish their usefulness for future generations. Sustainable development also requires depleting non-renewable energy resources at a slow enough rate so as to ensure the high probability of an orderly society transition to renewable energy sources. Mahatma Gandhi has observed long back that...
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...Analysis of Global Production Networks within Consumer Electronic Industry. Introduction A diagnostic characteristic of contemporary globalization is that the component parts of the world economy are increasingly interconnected in qualitatively different ways from the past. Another way of saying this is that the world economy consists of tangled webs of production circuits and networks that cut through, and across, all geographical scales, including the bounded territory of the state. It is too simple to just define the global production networks, that involving a process of production, distribution and consumption of commodities, goods and services, as technical-economic mechanisms (Coe, Dicken and Hess, 2008). More than this oversimplified conceptual framework, Levy (2008) argues GPN as ‘simultaneously economic and political phenomena . . . organizational fields in which actors struggle over the construction of economic relationships, governance structures, institutional rules and norms, and discursive frames . . . GPNs thus exist within the ‘‘transnational space’’ that is constituted and structured by transnational elites, institutions, and ideologies’. In Levy’s theory, we can find out that more than a economic process of productions, GPNs is also a ‘social’ and ‘cultural’ phenomena in which the geographically differentiated political and social cultural circumstance are also shaped (Coe, Dicken and Hess, 2008). Considering the consumer electronic industry in particular...
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...MDG- Environmental Sustainability Article- Governing for Sustainability Governance in simple terms means “the process of decision making and the process by which decisions are implemented.” As governance pertains to the process of decision making and the process by which decisions are implemented, an analysis of governance focuses on formal and informal mechanisms that are set in place to manage social, political and economic relationships. Governance therefore encompasses complex systems structured as hierarchies with centralized and structured chain of communications with collective decision making. One truism that can be drawn from governance is that it is differs from place to place and system to system. Good governance usually is based on some characteristics like it is consensus oriented, transparent, responsive, effective and efficient, allows specialization. It is responsive to the present and future needs of the society. Environmental sustainability involves making decisions and taking actions that are in the interest of protecting the natural world with emphasis on preserving the capability of the environment. Environmental sustainability is not just about reducing the amount of waste or using less energy, but it’s concerned with developing processes that will lead to a sustainable future. Many cities are responsible for polluting the environment in ways that are not sustainable. Environmental sustainability forces people to look beyond short term gains and look...
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