Value divide behind global governance deficit
Lately, we see a diverse range of global challenges mounting, from climate change to regional conflicts. Climate change is accelerating exponentially. Regional conflicts are raging in Eastern Europe and the Middle East without any prospective way out in sight. But global institutions are too incapacitated to mitigate these worsening risks. Despite the Paris Agreement, the United Nations Framework Convention on Climate Change lacks any binding power to enforce compliance. The U.N. Security Council has the binding power but has been in paralysis due to the veto power of its five permanent member...