Global political affairs and governance
World leaders sign binding climate accord at G20 summit, committing to net-zero by 2040 and establishing $500B transition fund.
A coalition of 120 nations formally proposes expanding the UN Security Council permanent membership, challenging the post-WWII global order.
Only 7.8% of the global population lives in a full democracy according to the 2024 index, with hybrid authoritarian systems on the rise.