ISLAMABAD: Rising geopolitical tensions and instability have flattened international cooperation, but momentum in climate finance and health and innovation offers hope, the World Economic Forum said in a report released on Tuesday, Global Cooperation Barometer. ”.
The WEF’s flagship annual report highlights that global cooperation has reached a critical juncture, with its analysis showing that after a decade of positive trends and exceeding pre-pandemic levels, overall It has become clear that cooperation is stagnant.
The report uses 41 indicators to measure the current state of global cooperation, and its purpose is to provide world leaders with tools to better understand the contours of cooperation.
Borge Brende, WEF Chairman and CEO “It means that cooperation is possible even in the most turbulent situation.”
As the largely stable cooperative order that characterized the post-Cold War era gives way to a more fragmented landscape, solutions to pressing challenges from climate action to technology governance require collaboration.
Despite the global security crisis, new findings show that cooperation continues in a variety of areas, including vaccine distribution, scientific research, renewable energy development, etc., and suggests future cooperation. Barometer points out that it offers a model.
While geopolitical competition intensified around specific frontier technologies such as semiconductors, there was also the digitalization of the global economy, and overall global cooperation in technology and innovation increased in 2023.
This has facilitated the introduction of new technologies, significantly increased the supply of critical minerals, led to an associated fall in the price of lithium batteries, and restored student mobility.
However, rapid disruption from emerging technologies such as AI is reshaping the global landscape, raising the possibility of new frontiers of geopolitical competition and even an “AI arms race.”
Published at Dawn on January 8, 2025
