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New Framework for Local Network Governance

2005-10-31

NEW YORK, 31 October 2005 (Global Compact Office) -- The Global Compact Office has launched a new policy document on network governance, entitled What is a Local Network? The document is an integral part of the overall Global Compact governance framework, given the significance of networks to the overall initiative.

Local Networks play increasingly important roles in rooting the Global Compact within different national, cultural and language contexts, and also in helping to manage the organizational consequences of rapid expansion. They facilitate the progress of companies (both local firms and subsidiaries of foreign corporations) engaged in the Compact with respect to implementation of the ten principles, while also creating opportunities for multi-stakeholder engagement and collective action. Furthermore, networks deepen the learning experience of all participants through their own activities and events and promote action in support of broader UN goals.

Download: What is a Local Network? (PDF) - Summary Report of the Barcelona Local Networks Forum (PDF)

Please contact Mr. Manuel Escudero, Head of Outreach/Networks, for more information.( escuderom@un.org )