What is Global commons?
Global commons is a term used to describe international, supranational, and global resource domains in which common-pool resources are found.
Global commons include the earth’s shared natural resources, such as the high oceans, the atmosphere and outer space and the Antarctic in particular. Cyberspace may also meet the definition of a global commons.
The 5 Global commons (earth shared natural resources) and avoiding the Tragedy of the commons:
- High seas/deep sea bed
- The Atmosphere
- Outer Space
- Subsurface (energy resource)
Key challenge of global commons
The key challenge of the global commons is the design of governance structures and management systems capable of addressing the complexity of multiple public and private interests, subject to often unpredictable changes, ranging from the local to the global level.