This book explores the genesis of the concept of global commons against the backdrop of the global environmental problems of climate change, biodiversity conservation, desertification, and the transboundary movement of hazardous wastes. It highlights blockchains and cryptocurrencies, and their role in transforming global institutions. It delves on the advent of COVID-19 as a global common and the way the pandemic has been handled by the world community. The book also explores the way the current geopolitics of the world is contributing to the resolution of the conservation problem associated with global commons.