Financing International Cooperation
Today's world must combat climate change, manage surging migration, and confront a host of other threats to international peace and stability. Yet, because taxation and spending are overwhelmingly carried out at the national and local levels, needs that must be addressed at the global and regional levels are increasingly going unmet.
NEW YORK – Today, the provision of public goods and services at the global and regional level is dangerously inadequate. The United Nations system, the European Union, and other multilateral organizations are under great stress, because their budgets are inadequate to meet their responsibilities.