International Business Management

Year: 2015
Volume: 9
Issue: 1
Page No. 111 - 116

A Study on Global Financial Mechanisms in the Montreal Protocol From Environmental Law and Management Perspectives

Authors : Muhammad Rizal Razman

Abstract: Multilateral Environmental Agreements (MEAs) are the global environmental laws that are being used in governing global environment by taking precautionary measures to control world emissions of pollution. In order for the MEAs to become a reality, as the global environmental laws, MEAs need to seek for the global environmental cooperation among all states around the world. The global environmental management scholars suggested that global financial mechanisms through interest approach might influence in the negotiation of creating MEAs. Moreover, the existence of the interest approach which concerns with global financial mechanisms would lead for international environmental cooperations. This would influence in the negotiations of creating MEAs which include the Montreal protocol. Montreal protocol is one of the successful MEAs that managed to secured environmental cooperation among almost all of states in the globe. Therefore, the primary purpose of this study is to explain, the influence of interest approach which included global financial mechanisms in the global environmental management on regards of the Montreal protocol’s early negotiations and the relations of the interstates participation response. Meanwhile, the methods of this study are based on qualitative set up which is based on the meetings proceeding reports of the Montreal protocol.

How to cite this article:

Muhammad Rizal Razman , 2015. A Study on Global Financial Mechanisms in the Montreal Protocol From Environmental Law and Management Perspectives. International Business Management, 9: 111-116.

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