Challenges
The focus on competition among powerful nations often overshadows pressing global issues like inequality and institutional reform.
Existing global governance structures favor developed countries, limiting the voice and influence of developing nations.
The Summit of the Future did not produce a definitive plan for reforming the UN Security Council or financial institutions, leaving many developing countries dissatisfied.
Only 17% of the SDGs are currently on track, highlighting ineffective global cooperation.
Developing countries face significant public debt and high interest payments, which hinders their economic stability and growth.
Conflicting views on tax cooperation and governance frameworks between organizations like the UN and OECD complicate progress.
Historical imbalances persist, making it difficult for developing countries to gain equal footing in global discussions.
Opportunities
The Summit encourages innovative collaborations, exemplified by initiatives like the Global Digital Impact and a Declaration on Future Generations.
The Summit aims to link economic performance (GDP) with sustainability, fostering a broader understanding of prosperity.
The rise of nations like China and India offers a chance for developing countries to influence global governance more significantly.
The trend towards a more equal world creates opportunities for developing nations to shape agendas and decision-making.
Emphasizing infrastructure, health care, and education can provide a more holistic view of societal progress.
The establishment of an International Scientific Panel and dialogues around AI opens pathways for inclusive discussions on emerging technologies.
Developing countries can utilize the UN system to advocate for their interests and participate in shaping global policies.
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