Global Commons

To gain a better insight into what the May conference in Wellington is about, I looked further into 'Global Commons.'

Global Commons is defined as a term used to describe international, supranational and global resource domains in which common-pool resources are found. The term 'Global Commons' includes earth's natural resources, the atmosphere, outer space, and the northern and southern polar regions, plus possibly cyber space (a new idea).

The 'Commons' is the bounteous inheritance of resources that makes life possible.
The 'Commons' includes: physical, biological, social, intellectual, and cultural dimensions both tangible and intangible.

Much of what adds texture and vitality to life is, in fact, participation in one form or another of the commons. There are essential inter-dependencies among these examples which reflect assets that are collectively shared and must be responsibly stewarded on behalf of succeeding generations.

GLOBAL GOVERNANCE:

As the world becomes more inter-connected, Global Governance will increase in relevance to be able to achieve sustainable development. Deepening economic globalization, and increasing migration, trade and capital flows, and climate change and increased activities in the global commons – those resource domains that do not fall within the jurisdiction of any one particular country, and to which all nations have access – make individual States more susceptible to policies adopted by others.