(Un)sustainable world order

Following the end of the Cold War and the collapse of the Soviet Union, the concept of a New World Order emerged, emphasizing multilateral diplomacy, democratic principles, and human rights. The United States and the European Union collaborated to establish an economic framework centered on open markets, global trade, a climate-friendly economy, and enhanced cooperation. Heightened awareness of climate change posed immediate threats to global well-being and integration into the concept of the New World Order. The official ratification of the Paris Agreement in 2015 symbolized a pivotal step towards implementing new regulations in both the economic and political spheres, rooted in the core tenets of sustainable development.