wef_gac_rule_of_law_2012-2014_connect-6bcfdd5ac4307942.pdf

The document describes the shift of the rule of law from a human rights issue to a multistakeholder business and governance concern. It introduces "coordinated governance" as a method for coalitions of actors to regulate and resolve disputes when states lack capacity or political will, citing examples like the Kimberly Process and the Financial Stability Board. The Global Agenda Council on the Rule of Law aims to develop a framework for analyzing these governance forms and produce case studies to assist decision-makers in applying rule of law ethics to global challenges.

• In 2012, the rule of law became a multistakeholder concern involving business and global governance, highlighted by 193 state leaders adopting a Declaration on the Rule of Law during the UN General Assembly opening debate.
• Transnational "coordinated governance" emerges when coalitions of actors set standards or resolve disputes because individual states or groups of states lack the political will or capacity to do so; examples include the Financial Stability Board, the Global Compact on business and human rights, and the Kimberly Process.
• The document argues that traditional binding international treaties based on the state model are insufficient for creating lasting change on issues such as global health promotion, mineral extraction, and global warming.
• The Global Agenda Council on the Rule of Law is developing a framework to analyze coordinated governance and intends to publish case studies and create knowledge products to help businesses engage in advancing the rule of law.

APA

World Economic Forum (n.d.). wef_gac_rule_of_law_2012-2014_connect-6bcfdd5ac4307942.pdf. http://www3.weforum.org/docs/GAC/2013/Connect/WEF_GAC_Rule_of_Law_2012-2014_Connect.pdf

Chicago

World Economic Forum. wef_gac_rule_of_law_2012-2014_connect-6bcfdd5ac4307942.pdf. n.d. http://www3.weforum.org/docs/GAC/2013/Connect/WEF_GAC_Rule_of_Law_2012-2014_Connect.pdf.

Wikipedia

{{cite report |author=World Economic Forum |title=wef_gac_rule_of_law_2012-2014_connect-6bcfdd5ac4307942.pdf |url=http://www3.weforum.org/docs/GAC/2013/Connect/WEF_GAC_Rule_of_Law_2012-2014_Connect.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldeconomicforumndwefgacruleoflaw20122014connect6bcfdd5ac4307942pdf, author = {{World Economic Forum}}, title = {{wef\_gac\_rule\_of\_law\_2012-2014\_connect-6bcfdd5ac4307942.pdf}}, institution = {World Economic Forum}, url = {http://www3.weforum.org/docs/GAC/2013/Connect/WEF_GAC_Rule_of_Law_2012-2014_Connect.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }