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The statement claims that global governance is currently dominated by transnational corporations and a few powerful nations, leading to the marginalization of the Global South and the failure to address climate change and inequality. It criticizes the upcoming Summit of the Future as likely to maintain the neoliberal status quo and demands the abolition of the UN Security Council veto, the restructuring of financial institutions like the IMF and World Bank, and the reform of trade and intellectual property regimes to support the Global South.

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  • The current multilateral system, led by the United Nations, is failing to provide real solutions to converging crises including climate change, pandemics, and inequality because global governance is dominated by the interests of large corporations.
  • Global governance is currently characterized by geopolitical clashes between Western powers (the US, EU, and allies) and the influence of China and Russia, while transnational companies prioritize profit over people, leading to environmental degradation and inequality.
  • The document argues that the upcoming Summit of the Future is likely to reinforce the existing neoliberal system and vague commitments rather than addressing the structural causes of global crises.
  • To achieve a democratic global government, the document demands the abolition of the UN Security Council veto power and the restructuring of the IMF and World Bank so that influence is not tied to wealth.
  • Current trade and intellectual property regimes hinder digital development in the Global South; the document calls for a 'fair use' doctrine for trade secrets to allow small companies in developing countries to access critical data and public licensing for foundational AI technologies.

Cite the original document

APA
Prak, C. (2024). El fracaso del sistema multilateral actual. Friends of the Earth International. https://www.foei.org/es/the-failure-of-the-current-multilateral-system/
Chicago
Prak, Caroline. El fracaso del sistema multilateral actual. Friends of the Earth International, 2024. https://www.foei.org/es/the-failure-of-the-current-multilateral-system/.
Wikipedia
{{cite press release |last1=Prak |first1=Caroline |title=El fracaso del sistema multilateral actual |publisher=Friends of the Earth International |date=16 September 2024 |url=https://www.foei.org/es/the-failure-of-the-current-multilateral-system/ |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@misc{prak2024fracaso, author = {Prak, Caroline}, title = {{El fracaso del sistema multilateral actual}}, publisher = {Friends of the Earth International}, year = {2024}, month = sep, url = {https://www.foei.org/es/the-failure-of-the-current-multilateral-system/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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