The governance of ERG has two formal tiers, a Governing Body and a General Body. The latter may include a maximum of 25 distinguished scholars and practitioners. The Chairperson and the members of the ERG Governing Body are nominated on a rotation basis by the General Body. The Governing Body runs ERG, with administrative responsibilities performed by an Executive Director under the guidance of the Chairperson. Given its unique nature, ERG aims at combining the flexibility of a network and the disciplines of an organization – and for obvious reasons, the process part and consultative consensus building dominate the nature of governance.

Financial governance of ERG is guided by two basic principles: abiding by the rules of the land; decentralized administration within a computer-aided environment; and ensuring transparency in the books of accounts.