Transatlantic Climate Statecraft
Building a Sustainable Global Economic Order
The United States, Germany, and the European Union face a global economic order that has been irreversibly disrupted by the existential threat of climate change. In response, they will need to fashion an innovative climate statecraft that promotes new rules, new agreements—and even new institutions—to help shape the global economy of the future.
Climate change is not the only cause of the current period of international economic mutation—the rise of China’s state capitalist system, a World Trade Organization whose rules have not been updated in over twenty-five years, and the onrush of new technologies like artificial intelligence also play a role. And it is a global problem, not only a U.S. or European one. But without concerted transatlantic climate statecraft there will be little chance to achieve a reformed global economic order that is sustainable, equitable, and secure. This AGI-BMW Foundation project aims to spur dialogue and policy innovation on this ineluctable challenge to both societies.