Some governments are exploring geoengineering as a way to reduce or delay climate change. Geoengineering could technically take climate decisions away from all but the richest countries. Computer models show that stratospheric interventions to reduce sunlight and lower temperatures may benefit some temperate zones, but negatively impact Asia’s monsoons with important social and agricultural consequences.
As global crises of food, finance and the environment converge and powerful new technologies accelerate far-reaching social and ecological change, the need has never been stronger for coordinated and equitable global decison-making. Unfortunately, at the same moment, multilateral institutions, such as agencies of the United Nations, are experiencing a crisis of legitimacy as power moves to the international financial institutions and the corporations that structure the global economy. ETC Group has been active in various UN and other international and regional fora for the past thirty years, pushing for greater involvement of farmers, civil society and social movements in decisions that affect them, proposing new treaties and governance frameworks and warning against the corporate takeover of our international institutions.