The first Conference of the Parties to the UN Framework Convention on Climate Change opened the path for a new policy instrument to mitigate anthropogenic climate change. It instituted a pilot phase for international emission offsets, "Joint Implementation", open for all signatories to the...

The European initiative for cooperation in research and development, known as EUREKA, began to take shape at the conference of 18 European countries and the EC Commission held in Hanover at the beginning of November 1985. Lutz G. Stavenhagen, Minister of State in the Foreign Office of the...

EU member states observe an elaborate process to preserve macroeconomic stability: the macroeconomic imbalance procedure (MIP). The MIP is supposed to monitor and prevent macroeconomic imbalances – and if necessary, correct them. It considers a variety of variables to determine the existence...