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construction of the EU was strongly marked   response to the Washington Consensus.                                 more sophisticated definitions, with analyti-  Russia, notably after a Russian test caused
              by the need to create institutions to strength-  In  this decade, the  UN held several world                       cal and theoretical frameworks that refer to   insecurity for the operations of the Inter-
              en the Bloc, and by the enormous challenge   conferences with an unprecedented level                               our ability to shape the future (WOODS et   national Space Station, in January 2022.
              of promoting the participation of European   of participation by its members, to address                           al., 2013), due to megatrends that lead to a   thus,  with  the  Orbital  Prime  Program,  US
              citizens in decision-making processes to over-  the economic, commercial, social and en-                           double power shift. Firstly, a shift from the   authorities intend to regulate the issue with
              come the “democratic deficit” identified in   vironmental agendas, aiming at building a                            West to Southeast Asia, with the consoli-  support from the private sector.
              the literature of the time. In this sense, gov-  new international order. Despite the per-                         dation of the Sino-Russian energy-strategic   Although some authors describe the
              ernance also meant creating mechanisms for   sistence and even deepening of the North-                             axis and with the Chinese project to imple-  phenomenon as a “multilateralism crisis”,
              dialogue, improving accountability and build-  South divide, given the increasing concen-                          ment the New Silk Road, evidenced by the   we defend something closer to the theo-
              ing trust to legitimize new processes of po-  tration of income in the North, there were                           concern of the West at the G7 summit in   ries of hegemonic stability, when the most
              litical integration and delegation of powers.   positive results in the sense of promoting                         December 2019. Two years later in Liver-  powerful states sponsor their preferences
              With the successive enlargements of the EU   more robust multilateral agendas, but with                            pool, the G7 mentioned Russia and China   inside and outside the UN system. Likewise,
              and the development of its political-norma-  mitigated results. In this context, it is worth                       as  “global  aggressors”  in  the context  of   the concept of security underwent changes
              tive framework, the governance challenge   highlighting the Agenda 21, adopted at the                              the Ukraine invasion. Second, a shift from   during the second half of the 20th centu-
              became even greater. Other blocs, such as   United Nations Conference on Environment                               the public to the private sector, in which   ry,  indicating an update of its implications,
              the North American Free Trade Agreement -   and Development (Rio-92), the Millennium                               companies become powerful actors in the   thus altering the perception that the State
              NAFTA (United States, Canada and Mexico)   Agenda, which established the Millennium                                agendas for energy transition, technologi-  would be the only relevant actor. In this vein,
              and Mercosur (Argentina, Brazil, Paraguay   Development Goals - MDGs (from 2000 to                                 cal innovations and the exploration of outer   Buzan’s (1983) proposal for the human com-
              and Uruguay) in the 1980s-90s, contributed   2015), and the Agenda 2030, which estab-                              space, the high seas and the deep seabed.  ponent to gain importance in safety studies
              to the debate on regional governance.     lished the Sustainable Development Goals -                                  Regarding the “justice and allocation” re-  contributed to the environment becoming
                 Along  these lines,  the promotion  of   SDGs (from 2015 to 2030).. Among the var-                              search lens, we will use three entry points for   one of the decisive sectors in this perspec-
              multilateralism as an organizing principle   ious multilateral and regional agendas that                           reflection on global governance: the geopoli-   tive. In short, to guarantee their security
              of international relations served to engage   are of interest to the process, three factors                        tical perspective (power resources); econom-  and international security, States need to
              emerging  poles of power in the construc-  are most relevant to the origin and evolution                           ic, financial, and commercial (financial re-   do more with fewer power resources. In
              tion of the “new order” during the George   of  the use  of the  concept of governance:                            sources); and science, technology, and inno-  this scenario, States are forced to navigate
              H. W. Bush administration. In addition to   the North American hegemony with the re-                               vation (knowledge resources and capabilities).  contexts of increasing complexity and un-
              the growing and asymmetrical economic     vitalization of the UN as guarantor of global                               From a geopolitical perspective, “justice   certainty (PRANTL and GOH, 2022).
              and commercial interdependence between    governance and with the endorsement of                                   and allocation” rarely enter the strategic   From an economic, financial, and com-
              States (PRANTL, 2021), factors such as grow-  the EU; the growing relevance of the WTO                             calculus. When they enter, they serve to   mercial perspective, the end of the Second
              ing multipolarity, the need for reforms in the   and international development banks (OR-                          guarantee the sovereign rights of the most   World War led to the establishment of the
              UN system to accommodate technological    LIANGE, 2020), including the BRICS Bank                                  powerful states, but not of all collectively.   so-called “Western liberal order” (PRANTL,
              powers such as Japan and Germany, as well   (RAEL, 2022) and the Asian Infrastructure In-                          The interests of the great powers prevail,   2014), anchored in the Euro-Atlantic axis.
              as diverse stakeholders, were added. Also,   vestment Bank - AIIB (CUNHA et al., 2019).                            which shape the logic of collective action for   Its most relevant characteristic today is the
              the development priorities of the so-called   Furthermore, the emergence of econom-                                the common good, institutionalized mainly   empowerment of giant companies, whose
              “Third World” in the 1960s, more recently   ic powers, notably China, India and Brazil,                            in the UN and gradually less effective. One   direct impact on global governance is sig-
              treated as the “Global South” were included   needs to stay on the radar. Of the three, Bra-                       of the most emblematic cases today is that   nificant. In addition to not being adequate-
              in the multilateral agendas (BARROS-PLATI-  zil has lost the most relevance and capacity                           of space debris, which, in addition to being   ly considered in Public International Law
              AU and SOENDERGAARD, 2021).               for multilateral dialogue in the last decade.                            poorly regulated by international law, usu-  (VARELLA, 2012), they compete or collab-
                 The 1990s were then considered by         With the new millennium, the concept                                  ally ends up at the bottom of the sea. The   orate with state actors in the regulation of
              Western literature as the “UN Decade”, in   of global governance has evolved to much                               issue involves the United States, China, and   international relations in all sectors.



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