A Paradigm Shift in the Governance of Sustainable Development: Citizens’ Empowerment

International markets regulation and the erosion of the European political and social model, Thomson Reuters, 2019

11 Pages Posted: 16 Jul 2019

Date Written: July 15, 2019

Abstract

This chapter examines a novel approach to sustainable development by focusing on the potential role of citizens in international trade, climate change mitigation, and sustainable energy. This chapter argues that this novel approach is crucial to reach sustainability. This chapter aims to explain the paradigm shift in the governance of sustainable development: the 20th century was characterized by a top-down approach to the governance of climate action (eg., the Kyoto Protocol), energy (eg., inter-governmental energy agreements), and international trade (eg., inter-governmental trade agreements). The 21st century, however, offers a bottom-up approach, marking one of the mega-trends of the 21st century: in climate action, the implementation of the Paris Agreement on Climate Change is done from the bottom up via citizens, NGOs, mayors, governors, businesses, or smart cities; in energy governance, we are observing energy democratization by decentralizing the governance of energy security and creating new energy actors, namely prosumers and renewable energy cooperatives.

Keywords: energy transition, climate action, international trade, sustainable development, empowering citizens

JEL Classification: K32, K33

Suggested Citation

Leal-Arcas, Rafael, A Paradigm Shift in the Governance of Sustainable Development: Citizens’ Empowerment (July 15, 2019). International markets regulation and the erosion of the European political and social model, Thomson Reuters, 2019, Available at SSRN: https://ssrn.com/abstract=3420202

Rafael Leal-Arcas (Contact Author)

Alfaisal University ( email )

P.O. Box 50927
Riyadh, 11533
Saudi Arabia

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