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Issues to address - International Nickel Study Group

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GCF: a multi-stakeholder approach<br />

• His<strong>to</strong>ry shows that attempts <strong>to</strong> <strong>address</strong><br />

commodity problems only through intergovernmental<br />

negotiations is not enough<br />

• Intervention has in the past created challenges<br />

• GCF is becoming a neutral platform bringing<br />

<strong>to</strong>gether key stakeholders<br />

• Only a dialogue between ALL stakeholders<br />

may enable moves <strong>to</strong>wards an optimal balance<br />

between market practices and regulation.<br />

The Structure of GCF<br />

• The first GCF meeting focused on extractive<br />

industries – oil, gas and metals markets<br />

• Plenary and parallel sessions focused on market<br />

instability/price volatility, developing sustainable<br />

supply capacity and making commodities an<br />

“Ëngine for Growth”<br />

• Plenaries tended <strong>to</strong> be policy focused and the parallel<br />

sessions are more market orientated<br />

• Structure envisages GCF in future as not just a<br />

meeting event but also an information portal. We<br />

plan <strong>to</strong> develop a GCF eForum website<br />

<strong>to</strong> distribute UNCTAD analytical materials<br />

(issues for discussion, specialized<br />

journals and publications)

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