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September 15, 2015
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In June 2015, the Court of The Hague issued a ground-breaking ruling that ordered the Netherlands to reduce the country’s carbon emissions by at least 25 percent (from 1990 levels) by 2020. Roger Cox, who was the lead lawyer representing 900 Dutch citizens, will discuss the global relevance of this case in his first North American speaking appearance, hosted by CIGI. The live webcast of “Climate Change and Rule of Law: Could domestic public interest litigation contribute to enforcing international commitments?” will take place Tuesday, September 15 at 5:30 pm EST.
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“The Group of 20 has struggled in recent years to maintain its relevancy. But it may have just re-established its worth by laying a foundation for higher interest rates,” writes Senior Fellow Kevin Carmichael, in his latest CIGI blog. His comments follow the G20 meeting of finance ministers and central bankers, in Ankara, Turkey. Carmichael discusses the communiqué released after the meeting and considers the implications for the international finance community.
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Director of CIGI’s International Law Research program Oonagh Fitzgerald reflects on a keynote address delivered by Madame Justice Rosalie Silberman Abella, in which she urged an audience of international relations think tanks to uphold non-discrimination and justice. Oonagh applies these comments to the current migration crisis and reiterates the importance of returning to the basic principles of international relations.
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New CIGI Senior Fellow Martin Guzman joins CIGI’s distinguished group of global economy experts to provide research and commentary on economies in crisis, and sovereign debt restructuring in Argentina and Greece. During his fellowship, Guzman will undertake an autopsy of Argentina’s 2001 default and restructuring, and investigate the implications of the Greek debt crisis for sovereign lending markets.
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CIGI Paper No. 76 by Gregory D. Makoff
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Most proposals for a sovereign debt restructuring mechanism (SDRM) aim to develop a multi-country or global mechanism to restructure sovereign commercial debts. CIGI Senior Fellow Gregory D. Makoff presents a new way to design a court-based SDRM – a single country could set up a sovereign bankruptcy court and invite debtors to use its legal system to gain the benefit of the mechanism. This approach greatly simplifies the set up and operation of the SDRM, in addition to lowering the opportunity for holdout investors to carry out disruptive litigation.
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At this webcasted event, bestselling author and screenwriter Lawrence Hill will speak about his newest novel The Illegal. His lecture will give listeners insight into his writing process and inspiration for the book, writing about the life of an elite marathoner who has fled violence in his homeland and gone into hiding as an undocumented refugee in a rich nation where he is not wanted.
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In late August, the Global Commission on Internet Governance met in Accra, Ghana, marking its sixth global consultation. The group addressed the impending boom of Internet penetration in the developing world over the coming years, with the next billions users expected from Africa. Meeting topics included the Sustainable Development Goals and broadband penetration; Internet, trade and economic development, and innovation; capacity building and Internet governance; and, Internet access as a human right. Watch the Commission’s press conference from the opening day of its meeting, featuring Commission Chair and CIGI Distinguished Fellow Carl Bildt.
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