CHAIR: Kargil Behl

CO-CHAIR: Arul Shrivastava

 

TOPIC A - Economic Tools to Combat Climate Change

As climate change intensifies, it has become clear that market-based solutions such as carbon pricing, green finance, and regulatory frameworks must play a central role in driving global environmental action. However, past efforts like the Paris Climate Agreement have faced setbacks due to uneven cost distribution between developed and developing nations, disputes over enforcement mechanisms, and challenges posed by privatization and deregulation. In this committee, we hope that delegates will explore economic strategies to effectively address climate change while keeping in mind their countries' abilities and priorities. By the end, we aim to craft a resolution proposing updated or alternative frameworks to the Paris Agreement.

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TOPIC B - International Tech Race

Much like the Space Race of the Cold War, the global race for semiconductors and other emerging technologies such as LLMs and quantum computing might be the next turning point for the global economy. Major global powers are competing over supply chains (and critical minerals) and export controls. While the global powers grow, these technologies pose the risk of worsening global inequality for developing nations, making them more reliant on global powers. In this committee, we would discuss questions around balancing global economic progress with domestic economic progress and geopolitical tensions? Should the UN and ECOFIN help regulate this technology race? How can we limit dependencies for developing countries on major powers?