James H. Nolt

Global Environmental Protection in the 21st Century

In the past three decades, protecting the global environment has emerged as one of the major challenges in international relations. No fewer than ten global environmental treaties have been negotiated as well as literally hundreds of regional and bilateral agreements. Governments have also endorsed dozens of comprehensive action plans, most notably the 400-page Agenda 21, which set forth a blueprint for implementing sustainable development. The result is an increasingly complex and rich body of international environmental law and policy. At least on paper, this provides a broad framework for moving toward a more environmentally sustainable future.

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Repairing the Global Financial Architecture: Painting over Cracks vs. Strengthening the Foundations

Components of the package outlined below have been circulating as separate reform proposals—some on the IMF and/or G-7 reform agendas, others struggling against Washington and IMF resistance. Combined they are an updating of the Bretton Woods architecture commensurate with today’s changed economic and political environment. They would help restore some of the stable, equitable, economic growth of yesteryear, while supplying institutional building blocks for erecting a genuinely integrated global economy in the future. The components are:

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