Kategorie: Future of Globalisation

  • The G20 and the Re-Calibration of Global Governance – Insights from the T20 Summit 2024 in Brazil

    The Heads of State at the G20 Summit in Rio de Janeiro in November 2024, forming a global alliance against hunger and poverty. © Palácio do Planalto on flickr, Photo: Ricardo Stuckert/PR

    In November 2024, Brazil concluded its G20 presidency with the handover to South Africa. Just one week before the G20 Leaders‘ Summit in Rio de Janeiro on 11-12 November 2024, think tanks and research organisations from around the world gathered for the Think20 (T20) Summit. They took stock of the uptake and implementation of the policy advice they provided to the G20 throughout the year. This blog post provides an overview of key discussions at the T20 Summit with a focus on the priorities under Brazil’s G20 presidency. It analyses to which extent Brazil has continued initiatives of India’s G20 presidency in 2023, and shares an outlook on the potential approach of the South African presidency in 2025. (mehr …)

  • Leveraging the FfD4 Preparatory Process to Remove Barriers to Channelling Special Drawing Rights to Multilateral Development Banks

    Photo: A general view of particiânts during Regional Consultation on Financing for Development. 23 March 2015.

    In the face of multiple crises, the availability of development finance for developing countries is declining, even as their financing needs to achieve the Sustainable Development Goals are increasing. The Pact for the Future has recently called for eligible countries to channel half of their 2021 allocations of Special Drawing Rights (SDRs) at the International Monetary Fund (IMF) to developing economies, including through multilateral development banks (MDBs). (mehr …)

  • It Ain’t Over Till It’s Over: COP29’s Decision on the New Climate Finance Goal – the Fine Line Between Compromise and Compromising

    Photo: Group Photo of the World leaders at the United Nations Climate Change Conference on 12 November 2024 in Baku, Azerbaijan, Opening Ceremony of World Leaders Climate Action Summit

    When the gavel went down in the early hours of Sunday morning in Baku and a decision was reached on the new collective quantified goals (NCQG) on climate finance it caused as much relief as disbelief in the room. The European Union (EU), represented by EU climate commissioner Woepke Hoekstra, praised the decision as “a start of a new era for climate finance”, while the group of least-developed countries stated to be “outraged and deeply hurt by the outcome of COP29“ and referred to “the bulldozed” NCQG as “a glaring symbol of this failure“. Some countries, notably India and Nigeria, openly objected the adopted decision on the NCQG, calling the „document little more than an optical illusion” – prompting loud applause in the plenary. (mehr …)

  • Artificial intelligence: From massive energy consumer to problem-solving?

    An image of a server Image by Dario Ruglioni onPixabay

    Artificial Intelligence (AI) has the potential to drive innovation across numerous sectors. Yet, growing energy appetite related to its use raises critical questions about how much it is helping with or rather fanning climate change. A sustainability perspective requires AI to come – over even help – with a transition to renewable energy sources. Understanding this challenge is essential for ensuring that technological advancements do not come at the expense of our planet. (mehr …)

  • Youth, employment, and the future of work: A call for action

    Photo: Founded before Senegal's independence, the Cheikh Anta Diop University at Dakar is the oldest in the country.
    By I, MyriamLouviot, CC BY 2.5, https://commons.wikimedia.org/w/index.php?curid=2532799

    As the global landscape undergoes rapid transformation, driven by technological advancements, climate change, and shifting economic paradigms, it is imperative that young people are equipped with the necessary skills and competencies to navigate these challenges and seize emerging opportunities. The Hamburg Sustainability Conference (HSC) highlights the importance of preparing younger generations for the future, emphasising sustainability and inclusivity as key pillars of global economic development. This blog post explores the critical steps required to empower youth for the labour market.

    (mehr …)