Global Public Goods

Global Public Goods are resources or services that benefit everyone worldwide and are available to all, regardless of national boundaries. Examples include clean air, climate stability, ocean health, and global security. Unlike private goods, which only serve individual interests, global public goods require collective cooperation and investment from countries to be maintained. They address shared challenges and promote welfare, emphasizing the importance of international collaboration for the well-being of all humanity. Ultimately, protecting and enhancing these goods is crucial for sustainable development and a healthier planet for current and future generations.