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To face the inadequacies of the current approaches to the reduction of pollution and greenhouse-gas emissions, the establishment is proposed of a new institution, the International Emissions Organization (IEO). The IEO would bring together the various stakeholders in a concise framework streamlining the many existing and future initiatives. Complementary to current legislation and regulation, the IEO would need to be equipped with a number of tools, powers, governance mechanisms, and incentives to overcome some of the obstacles.
The reduction of pollution and greenhouse-gas emissions is a truly global issue. The world today faces a patchwork of legislations, NGOs, profit-making stakeholders, and other players with varied foci and interests. In particular, most of the current governance concepts in use lack transparency to the end users or consumers as well as an international profile, and also do not associate the political objectives with concrete implementation measurements.
To face this, the World Team A of the Youth Innovation Competition on Global Governance has developed a truly global approach by proposing the International Emissions Organization (IEO). Complementary to current legislation and regulation, the IEO would need to be equipped with a number of tools, powers, governance mechanisms, and incentives. These include:
internationally standardized pollution grading to measure emissions at the national level and labeling of consumer products to increase transparency;
linkage with WTO sanction mechanisms to exclude non-compliant products from international trade;
economic and diplomatic incentives to member countries;
financial support for the Clean Development Mechanism (CDM) and R&D in pollution-reduction technologies;
acting as a forum of interaction with NGOs and international public opinion.
The IEO would be founded on the basis of the Kyoto Protocol doctrine but would take emission-reduction objectives further, into a more operational perspective, by including binding institutional governance rules for dispute settlement, membership, and so forth. It is to be expected that high-profile non-member countries of the Kyoto Protocol will be incited to become a member through the influence of the IEO and its links to the WTO. The environment of the earth urgently needs an irrevocable commitment in greenhouse-gas emissions policies.
Source: Youth Innovation Competition on Global Governance -