Paris Report 3: Global Action Without Global Governance: Building coalitions for climate transition and nature restoration

Global Action Without Global Governance: Building Coalitions for Climate Transition and Nature Restoration, is the second output from the ITCEI initiative. It is a response to a sobering geopolitical reality: that the multilateral order is faltering just as the urgency to address climate change and biodiversity loss reaches a critical juncture. This third volume in the CEPR Paris Report series departs from conventional approaches by proposing a new architecture of international cooperation: one that does not rely on universal consensus, but instead builds momentum through coalitions of willing actors. The report contends that success in climate and nature restoration now hinges on emerging and developing economies, and it offers a pragmatic strategy to align global environmental goals with national economic interests.

This report is edited by Jean Pisani-Ferry, Beatrice Weder di Mauro and Jeromin Zettelmeyer, who also author the introduction on 'Building coalitions for climate transition and nature restoration'.

Other chapters authored or co-authored by Bruegel Fellows in this report include:

Chapter 1, 'Climate change mitigation and the preservation of nature: Towards a joined-up agenda', by Heather Grabbe, Jean Pisani-Ferry, Simone Tagliapietra and Guntram B. Wolff

Chapter 2, 'The green transition: Challenging for all, but even more for middle-income countries' by Luca Fornaro, Jean Pisani-Ferry and Lucrezia Reichlin

Chapter 5, 'International climate finance as a win–win: The economic case for coalitions of disposed developed countries to fund decarbonisation in developing countries' by Patrick Bolton and Alissa Kleinnijenhuis

Chapter 6, 'Reconciling the European Union’s clean industrialisation goals with those of the Global South' by Ben McWilliams, Simone Tagliapietra and Jeromin Zettelmeyer