Financing global governance

The idea of safeguarding and managing the global commons, particularly those related to the physical environment, is now widely accepted. This requires financing.

1. Initial steps should be taken in establishing practical , if initially small-scale, schemes of global financing, notably to support specific United Nations operations. In designing schemes for global financing several principles could be adopted: charging for the use of some global resources on straight economic grounds using market instruments; spreading the burden across a range of countries, on a gradual but progressive basis; ensuring that new revenue systems did not substitute for domestic taxes or charges but represented additional sources.

   Possibilities include: surcharges on airline tickets for use of increasingly congested flight lanes; a charge on ocean maritime transport, reflecting the need for ocean pollution control; user fees for ocean, non-coastal fishing, reflecting the pressures on many stocks and the costs of research and surveillance; special user fees for activities in Antarctica so as to fund conservation there; parking fees for geostationary satellites; charges for use of the electromagnetic spectrum.

1. There is a widening gap between the financial requirements of programmes widely supported in principle and the money actually available through traditional channels. The non-financing of agreed peacekeeping operations is the most glaring example.

1. Governing
2. Financing

1. Ensuring equitable access to international environmental funds

1. Establishing global governmental responsibility

1. Forming transnational economy

1. Nonglobalized