CDP Policy Note

 
In this Policy Note, the CDP analyses how intergovernmental cooperation could be strengthened to better manage the increasing interdependence among countries, reduce large inequalities among and within countries and contribute to the implementation of the post-2015 sustainable development agenda, while preserving the necessary policy space for government action at the country level.

The Committee proposes five main principles to guide the reforms: common but differentiated responsibilities and respective capabilities; subsidiarity; inclusiveness, transparency and accountability; coherence, and responsible sovereignty. It illustrates how these principles could be applied in reforming global governance framework in the areas of international macroeconomic cooperation, environment, international trade, international tax matters, international migration and inequality. The Note also recommends a greater role for the Economic and Social Council in advancing these reforms and stronger accountability mechanisms to monitor implementation.