The reason why it is taking so long is that you have to create mechanism for global governance and buy-in, and that is difficult.

FORBES: Silos Are Good For Farmers, Not So Good For Banks

Headquartered in South Africa, Nepad is designed to make African countries themselves responsible for upholding standards of democracy and good governance through the African Peer Review Mechanism.

ECONOMIST: Africa's hegemon

There needs to be an efficient institutional mechanism with an equitable, accountable governance structure for delivering financial and technological support to developing countries as they pursue mitigation efforts.

UN: Secretary-General

During project formulation and implementation, UNESCO-IHP will collaborate closely with a wide variety of partners - representing all stakeholders at all levels having strong experience in groundwater governance - which will join the Permanent Consultation Mechanism (PCM).

UNESCO: Social and Human Sciences

They include implementing greater budgetary discipline, creating an effective crisis management mechanism, and the need to strengthen economic governance across the eurozone.

BBC: Germans approve euro rescue plan

More than 30 years ago the U.S. Department of Labor devised a mechanism for dealing with problematic conflicts of interest, governance and internal control issues within corporate pension plans.

FORBES: DOL Independent Fiduciaries Help Corporations Fleece Pensions