In February 2015, the project "Social and environmental standards for the world economy" was launched.
Social and environmental standards for the world economy are an essential prerequisite for sustainable development. In combination with state regulation, and often initiated by coalitions of non-governmental actors, Voluntary Sustainability Standards (VSS) have created both a new dynamic and new controversies, which are addressed by the project. The key question is: How can sustainability standards take better account of the special needs of developing countries and rising powers?
MGG-Alumni and DIE-researchers work jointly on the project. A first authors’ workshop took place in May 2015 in Bonn, followed by a conference in November 2015 and a second authors’ workshop (including subsequent dialogue with representatives from politics and industry) in April 2016, both in New Delhi. In October 2016, DIE / MGG, the Federation of German Industries (BDI) and the United Nations Forum on Sustainability Standards (UNFSS) co-organised a Stakeholder Launch for the 2nd UNFSS Flagship Report "Meeting Sustainability Goals: Voluntary Sustainability Standards and the Role of the Government".