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Global Compacts: Building a Better World for All Vinay Bhargava Global Issues Seminar Series June 22, 2006

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Page 1: Global Compacts: Building a Better World for All Vinay Bhargava Global Issues Seminar Series June 22, 2006

Global Compacts: Building a Better World for All

Vinay Bhargava

Global Issues Seminar Series

June 22, 2006

Page 2: Global Compacts: Building a Better World for All Vinay Bhargava Global Issues Seminar Series June 22, 2006

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Global Compacts Build on Successes and Challenges of Last Decades

Successes

Agricultural productivity-

Science and technological progress

Elimination of certain diseases (smallpox, river blindness)

Increase in literacy rates in developing countries

Advances in Education

Rise in incomes per capita

China, Hungary, India, Ireland, the Republic of Korea, Singapore, and Thailand

Boom in international trade

End of Colonialism

Spread of Democracy, free media, and civil liberties

Page 3: Global Compacts: Building a Better World for All Vinay Bhargava Global Issues Seminar Series June 22, 2006

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Global Compacts Build on Successes and Challenges of Last Decades

Challenges:

Out of 6 billion people, 1 billion have 80 % of the world’s income-other 5 billion have the remaining 20 %.

Nearly half this world lives on under $2 per day.

One billion people have no access to clean water.

Over 100 million children never get the chance to go to school.

More than 40 million people in the developing countries are HIV positive.

The average US or Canadian citizen uses 9 times more energy than the average person in China.

Forest are being cut down relentlessly.

Oceans are warming and fish stock is being depleted.

More than 2 billion people will be added to the planet's population – most of them born into poverty.

Page 4: Global Compacts: Building a Better World for All Vinay Bhargava Global Issues Seminar Series June 22, 2006

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Global Compacts for the 21st Century

The Millennium Declaration- UN Millennium Summit, New York, (September 6-8, 2000)

The Doha Declaration on Trade- Fourth Ministerial Conference of the WTO, Doha, Qatar, (November 9-14, 2001)

The Monterrey Declaration on Financing for Development- International Conference on Financing for Development, Monterrey, Mexico, (March 18-22, 2002)

The Johannesburg Declaration on Sustainable Development- World Summit on Sustainable Development, Johannesburg, (August 26–September 4, 2002)

Page 5: Global Compacts: Building a Better World for All Vinay Bhargava Global Issues Seminar Series June 22, 2006

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What is Inside the Global Compacts ?

Shared values, principles, objectives

Recognition that a better world for all requires global partnerships

Respective actions that developing and developed countries are committed to take

Monitorable targets and progress review mechanisms

Partnerships

Page 6: Global Compacts: Building a Better World for All Vinay Bhargava Global Issues Seminar Series June 22, 2006

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Millennium Development Goals (MDGs)

GOAL 1 ERADICATE EXTREME POVERTY AND HUNGER

TARGET 1 Halve, between 1990 and 2015, the proportion of people whose income is less than $1 a day

TARGET 2 Halve, between 1990 and 2015, the proportion of people who suffer from hunger

GOAL 2 ACHIEVE UNIVERSAL PRIMARY EDUCATION

TARGET 3 Ensure that by 2015, children everywhere, boys and girls alike, will be able to complete a full course of primary schooling

GOAL 3 PROMOTE GENDER EQUALITY AND EMPOWER WOMEN

TARGET 4 Eliminate gender disparity in primary and secondary education, preferably by 2005, and at all levels of education no later than 2015

GOAL 4 REDUCE CHILD MORTALITY

TARGET 5 Reduce by two-thirds, between 1990 and 2015, the under-five mortality rate

Page 7: Global Compacts: Building a Better World for All Vinay Bhargava Global Issues Seminar Series June 22, 2006

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…MDGs Continued GOAL 5 IMPROVE MATERNAL HEALTH

TARGET 6 Reduce by three-quarters, between 1990 and 2015, the maternal mortality ratio

GOAL 6 COMBAT HIV/AIDS, MALARIA, AND OTHER DISEASES

TARGET 7 Have halted by 2015 and begun to reverse the spread of HIV/AIDS

TARGET 8 Have halted by 2015 and begun to reverse the incidence of malaria and other major diseases

GOAL 7 ENSURE ENVIRONMENTAL SUSTAINABILITY

TARGET 9 Integrate the principles of sustainable development into country policies and programs and reverse the loss of environmental resources

TARGET 10 Halve by 2015 the proportion of people without sustainable access to safe drinking water and basic sanitation

TARGET 11 Have achieved a significant improvement by 2020 in the lives of at least 100 million slum dwellers

GOAL 8 DEVELOP A GLOBAL PARTNERSHIP FOR DEVELOPMENT

Page 8: Global Compacts: Building a Better World for All Vinay Bhargava Global Issues Seminar Series June 22, 2006

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Doha Declaration on Trade

Calls for the establishment of a market-oriented and fair trading system through- fundamental reform in agriculture trade- market access for non-agricultural products- IPR regime supportive of public health objectives

Recognizes explicitly the special needs of developing countries- enhanced market access- balanced rules- strengthening special and differential treatment provisions- difficulties in implementing Uruguay Round commitments- capacity building in support of negotiations- technical assistance through the Integrated Framework

Page 9: Global Compacts: Building a Better World for All Vinay Bhargava Global Issues Seminar Series June 22, 2006

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Monterrey Consensus on Development Financing Signaled Importance of Quantity and Quality of Aid

Prompted the pledging of additional ODA of $18.5bn per year to be fully phased in by 2006

Stressed need to create an enabling domestic environment to mobilize domestic resources

Called for more effective ODA (harmonization, untying, poverty focus, result orientation, PRSP ownership)

Recognized urgent need to strengthen inter-institutional collaboration

Interactions between ECOSOC and Bank/IMF Boards on follow up

UN, BWI and WTO to address issues of coherence, coordination and cooperation

Page 10: Global Compacts: Building a Better World for All Vinay Bhargava Global Issues Seminar Series June 22, 2006

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World Summit On Sustainable Development

Acknowledged that enhanced efforts in Water, Energy, Health, Agriculture and Biodiversity (WEHAB) would be needed

Recognized the special needs of Africa

Recognized that existing production and consumption patterns could not be continued

Called for companies to strengthen their Corporate Social Responsibility

Led to the announcement of 280 partnership proposals – 50 proposals for World Bank involvement

Page 11: Global Compacts: Building a Better World for All Vinay Bhargava Global Issues Seminar Series June 22, 2006

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Significance of the Global Agenda

Historic Common Ground: International community has set clear and measurable

international development goals-MDG, Monterrey,WSSD

Agreement that additional financing from donors will be needed for helping achieve these goals. This reverses the decline in real terms for ODA over the last 20 years.

Mutual obligations of the developed and developing countries have been spelled out in the declarations.

Civil society, youth and other non-state actors have been more closely integrated into global decision making- new multilateralism.

But not everyone is thrilled…

Page 12: Global Compacts: Building a Better World for All Vinay Bhargava Global Issues Seminar Series June 22, 2006

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How are the global compacts doing 5 years later?

The 2005 U.N. World Summit

Global Monitoring Reports 2005 and 2006

Civil Society Initiatives

Page 13: Global Compacts: Building a Better World for All Vinay Bhargava Global Issues Seminar Series June 22, 2006

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The Consequences of Failure to Achieve Set Goals

The cost of not meeting MDGs, in terms of lives lost and opportunities forgone, would be far greater then cost of meeting them.

Without faster progress, the MDGs will be seriously jeopardized—especially Sub-Saharan Africa.

Only in Ghana and Madagascar are poverty rates meeting MDG poverty targets.

Page 14: Global Compacts: Building a Better World for All Vinay Bhargava Global Issues Seminar Series June 22, 2006

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For more information please visit…

U.N. Millennium Summit webpage www.un.org/millennium/index.html

WTO page on ministerial conferences www.wto.org/english/thewto_e/minist_e/minist_e.htm

World Bank page on global monitoring www.worldbank.org/globalmonitoring

International Conference on Financing for Development www.un.org/esa/ffd

World Summit on Sustainable Development www.johannesburgsummit.org

U.N. World Summit 2005- www.un.org/summit2005/index.html

Global Call for Action Against Poverty- www.whiteband.org

G-8 Gleneagles Summit- www.g8.gov.uk