Transnational rule-making is becoming increasingly common, with decisions being made at the global level, beyond the state. This book explores what the privatization of global rule-making means for democracy. Based on contemporary theoretical approaches to democratic global governance, it reconstructs three prominent rule-making processes in the field of global sustainability politics: the World Commission on Dams, the Global Reporting Initiative and the Forest Stewardship Council. Klaus Dingwerth argues that, if designed properly, private transnational rule-making can be as democratic as intergovernmental rule-making.