The ongoing process initiated by the Summit had three core objectives:
- Strengthening Scrutiny;
- Supporting National Legislation;
- Incorporating Natural Capital Accounting into national economic models.
300 Legislators from 86 countries agreed at the 1st World Summit of Legislators that a formal process should be established to focus on the following three core priorities:
- Scrutiny: recognising the role of legislators in monitoring and scrutinising the work of government, the Summit will establish a mechanism at the international level to monitor implementation of commitments by governments made at Rio+20.
- Legislation: recognising the role of legislators in developing and passing laws, the Summit will provide a platform to advance and share best legislative practice as well as to develop a mechanism within international processes that can recognise national legislation;
- Natural Capital: recognising the role of parliaments in many countries to approve budgets and national accounts, the Summit examined how the value of natural capital can be integrated within our national economic frameworks to enable legislators to better monitor the use of natural capital.
The Summit endorsed a revised version of the GLOBE Natural Capital Action Plan, first endorsed at the GLOBE Nagoya Forum in the fringes of CBD COP 10. As part of the implementation of the Legislators Protocol adopted at the Summit, in September 2012 the GLOBE International Secretariat started preparing the GLOBE Natural Capital Initiative (GNCI) with a leadership group of legislators from 8 countries. The GNCI was formally launched at the 1st GLOBE Natural Capital Summit hosted by the German Bundestag on 7th June 2013 in Berlin.
The Summit was also a major catalyst for the consolidation and expansion of the GLOBE Forest Legislation Initiative (GFLI). The Forest session of the WSL convened legislators from 16 forested countries, providing a space for dialogue and exchange on parliamentary scrutiny and legislation relating to forests and REDD+. The WSL helped establish the GFLI in the DRC National Assembly and provided a platform to expand GLOBE’s forest work in Brazil. It also provided a platform to establish contacts with legislators from new potential GFLI countries, including Colombia and Zambia. In addition, the Summit helped build the political momentum for a REDD+ Pledge signed by legislators from 33 countries at the 1st GLOBE Climate Legislation Summit at the UK Foreign & Commonwealth Office in London in January 2013.