PMT | Global Governance

What is global governance?

global governance is the management of global issues through international cooperation between countries and organisations

Why is global governance needed?

global governance is needed because many global issues cross national borders and cannot be solved by one country alone

What are examples of global issues requiring governance?

climate change, international trade, terrorism, migration, disease control

What is sovereignty?

sovereignty is the authority of a state to govern itself independently

What is the United Nations (UN)?

the UN is an international organisation established to promote peace, security and cooperation between countries

When was the United Nations founded?

the United Nations was founded in 1945

What is the role of the Security Council?

the Security Council maintains international peace and security

What is the role of the International Court of Justice (ICJ)?

the ICJ settles legal disputes between countries

What is the World Trade Organization (WTO)?

the WTO regulates international trade and resolves trade disputes

What is the International Monetary Fund (IMF)?

the IMF provides financial support and economic advice to countries

What is the World Bank?

the World Bank provides loans and support for development projects in poorer countries

What is a non

governmental organisation (NGO)?

What are examples of NGOs?

Greenpeace, Oxfam, Amnesty International, the World Wildlife Fund (WWF)

What is the Paris Agreement?

the Paris Agreement is an international treaty aiming to limit global temperature rise and reduce greenhouse gas emissions

Why is global governance sometimes criticised?

global governance is criticised because powerful countries often dominate decision making

What is unequal representation in global governance?

unequal representation is when some countries have more influence over global decisions than others

What is the G7?

the G7 is a group of seven major advanced economies that discuss global economic and political issues

What is the G20?

the G20 is a group of major economies that work together on global economic governance

What is the European Union (EU)?

the EU is a political and economic union of European countries promoting cooperation and trade

What is global commons governance?

global commons governance is the management of areas shared by all countries, such as Antarctica, oceans and the atmosphere

What is the Antarctic Treaty?

the Antarctic Treaty protects Antarctica for peaceful scientific research and bans military activity

What is the tragedy of the commons?

the tragedy of the commons occurs when shared resources are overused because individuals act in self interest

What is sustainability?

sustainability is using resources in ways that meet present needs without compromising future generations

What is climate governance?

climate governance refers to international efforts to manage and reduce climate change

What is the Kyoto Protocol?

the Kyoto Protocol was an international agreement requiring developed countries to reduce greenhouse gas emissions

What is a transnational corporation (TNC)?

a TNC is a company operating in multiple countries

How do TNCs influence global governance?

TNCs influence global governance through investment, lobbying and control over global supply chains

What is corporate social responsibility (CSR)?

CSR is when companies take responsibility for their social and environmental impacts

What is the role of the IMF during economic crises?

the IMF provides loans and financial assistance to struggling countries

What is debt relief?

debt relief is reducing or cancelling debt owed by poorer countries

What is governance without government?

governance without government refers to international cooperation occurring without a single world government