At the G20 summit in London in 2009, Britain’s then-Prime Minister Gordon Brown heralded a “new world order” in which rich and developing nations would come together to tame the inequities and excesses of globalization. At the height of a global financial crisis, Brown declared a “new progressive era of international co-operation.”
Fourteen years later, the G20 summit in India later this week will reflect how hopes of a global order based on a Western rules-based system have splintered, the world’s division into democratic and autocratic camps, and the way in which internal populism and protectionism in many states have eroded pushes for free trade.
Brave words about reforming carbon economies now face resistance as the economic price and political complications of fighting climate change emerge.
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