Club governance formats were meant to work around blockages and challenges in the multilateral system. In a system under pressure, these have become more important. Simultaneously, they become embattled themselves in a political climate that has become more ruthless. Just after its presidence, South Africa has declared it would ”pause” its engagement in the G20 for 2026 after intense bullying by the US President. Yet, the existence of the G20 is based on the recognition that (financial) crisis of global scale require close cooperation among countries across the globe, going beyond the G7. That fact remains valid. (mehr …)
