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Module 8 International Organizations

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Financial organizations: The World Bank and the International Monetary Fund (IMF) ... Centers its efforts on the Millenium Goals ... – PowerPoint PPT presentation

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Title: Module 8 International Organizations


1
Module 8International Organizations
  • BCN 1582
  • International Sustainable Development

2
Overview
  • Organizations engaged in developing country
    sustainability
  • The role of the United Nations
  • Financial organizations The World Bank and the
    International Monetary Fund (IMF)
  • The World Trade Organization (WTO)
  • The World Business Council on Sustainable
    Development (WBCSD)

3
The United Nations
  • Originated contemporary SD movement
  • Division for Sustainable Development follow on
    to WSSD in Johannesburg (2002)
  • poverty eradication
  • changing unsustainable patterns of production and
    consumption
  • protecting and managing the natural resource base
    of economic and social development
  • sustainable development in a globalizing
    world-health and sustainable development
  • sustainable development of SIDS
  • sustainable development for Africa
  • other regional initiatives
  • means of implementation
  • institutional framework for sustainable
    development gender equality and-education 

4
The World Bank Group
  • A UN specialized agency
  • http//www.worldbank.org
  • Not a bank!
  • 184 member countries
  • Centers its efforts on the Millenium Goals
  • Name refers to the International Bank for
    Reconstruction and Development (IBRD) and the
    International Development Association (IDA)
  • Provide low-interest loans, interest free credit,
    and grant s to developing countries
  • Repayment 35-40 years
  • In fiscal 2004 provided 9 billion financing for
    158 projects in 62 low-income countries
  • Money is provided by 40 rich countries

5
World Bank Institute Sustainable Development
  • Provides training and learning activities that
    support the World Banks mission of poverty
    reduction through sustainable development
  • Programs
  • Community Empowerment Social Inclusion
  • Environment and Natural Resources
  • Rural Poverty and Development
  • Water

6
International Monetary Fund
  • The IMF is an organization of 184 countries,
    working to foster global monetary cooperation,
    secure financial stability, facilitate
    international trade, promote high employment and
    sustainable economic growth, and reduce poverty.
  • It was established to promote international
    monetary cooperation, exchange stability, and
    orderly exchange arrangements to foster economic
    growth and high levels of employment and to
    provide temporary financial assistance to
    countries to help ease balance of payments
    adjustment.
  • The IMF seeks to promote sustainable development
    in its fiscal policy advice.

7
IMF and Fiscal Policy
  • Tax policy sending the right signals
  • Subsidies
  • Energy
  • Tranpsort
  • Forestry and fisheries
  • Water
  • Industrial
  • Tax and royalty system for natural resources
  • Public or social expenditures

8
The World Trade Organization
  • The World Trade Organization (WTO) is the only
    global international organization dealing with
    the rules of trade between nations. At its heart
    are the WTO agreements, negotiated and signed by
    the bulk of the worlds trading nations and
    ratified in their parliaments. The goal is to
    help producers of goods and services, exporters,
    and importers conduct their business.

9
WTO Description
  • 148 member countries
  • General purpose is to lower trade barriers
  • Heart of WTO is the multilateral trading system
  • The WTOs rules the agreements are the result
    of negotiations between the members.
  • The current set were the outcome of the 198694
    Uruguay Round negotiations which included a major
    revision of the original General Agreement on
    Tariffs and Trade (GATT).
  • 30 agreements and 30,000 pages

10
WBSCD
  • World Business Council on Sustainable Development
    (WBCSD)
  • The World Business Council for Sustainable
    Development (WBCSD) is a coalition of 170
    international companies united by a shared
    commitment to sustainable development via the
    three pillars of economic growth, ecological
    balance and social progress.
  • Mission To provide business leadership as a
    catalyst for change toward sustainable
    development, and to promote the role of
    eco-efficiency, innovation and corporate social
    responsibility.

11
WBCSD Aims
  • Business leadership To be the leading business
    advocate on issues connected with sustainable
    development.
  • Policy development To participate in policy
    development in order to create a framework that
    allows business to contribute effectively to
    sustainable development.
  • Best practice to demonstrate business progress
    in environmental and resource management and
    corporate social responsibility and to share
    leading-edge practices among our members.
  • Global outreach To contribute to a sustainable
    future for developing nations and nations in
    transition.
  •  
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