"Global governance" refers to the idea of managing and making decisions on global issues collectively, rather than individually by individual countries. It aims at finding solutions to global challenges such as climate change, poverty, or security, through collaboration and cooperation among countries. It involves international organizations, treaties, and agreements that help in creating rules and regulations for better coordination and decision-making on global problems. It seeks to promote peace, justice, and sustainable development worldwide by fostering collaboration among nations.
Full definition