The world is dancing on the edge of a geopolitical volcano , with UN chief António Guterres warning we’re approaching 'a powder keg' that could ignite global chaos. From climate disasters to economic stagnation, experts say the G20 – once a powerhouse of international problem-solving – needs urgent revitalization to prevent disaster.
Why it matters: The group representing 80% of global GDP faces its toughest test yet as rising US-China tensions and protectionist policies create a modern Cold War freeze
. While recent G20 meetings saw progress on tax reforms and public health, analysts warn the window for collective action is shrinking faster than Arctic ice caps.
'We’re living through a historic leadership vacuum,' says Xu Feibiao, director at China Institutes of Contemporary International Relations. He points to America’s 'outdated playbook' of containment strategies against China as a key roadblock , while praising Beijing’s push for 'a community with shared future' through multilateral cooperation.
The stakes: With 50% of UN Sustainable Development Goals lagging and climate disasters multiplying, the world can’t afford another 'Hunger Games'-style geopolitical showdown. The solution? Major powers must trade suspicion for coffee-chat diplomacy
– focusing on common ground like:
– Climate financing mechanisms
– Global debt relief frameworks
– AI governance protocols
As developing nations watch nervously, the clock ticks louder than a TikTok countdown . Will the G20 rise to become the Avengers of global governance – or fade into irrelevance like last year’s Twitter trends? The world awaits answers.
Reference(s):
Revitalizing G20: Major powers must shed Cold War mentality for unity
cgtn.com