Even now, as we speak, bodies are washing ashore from the same Mediterranean Sea where billionaires sunbathe on their superyachts. Derna is a sad snapshot of the state of our world — the flood of inequity, of injustice, of inability to confront the challenges in our midst.

Our world is becoming unhinged. Geopolitical tensions are rising. Global challenges are mounting. And we seem incapable of coming together to respond. We confront a host of existential threats — from the climate crisis to disruptive technologies — and we do so at a time of chaotic transition.

Reforms are a question of power, and I know that there are many competing interests and agendas. But the alternative to reform is not the status quo, but further fragmentation. It is reform or rupture.

If every country fulfilled its obligations under the Charter, the right to peace would be guaranteed. When countries break those pledges, they create a world of insecurity for everyone.

Global governance is stuck in time. Look no further than the Security Council and the Bretton Woods system. They reflect the political and economic realities of 1945, when many countries in this Assembly Hall were still under colonial domination. ... We cannot effectively address problems as they are if institutions do not reflect the world as it is. Instead of solving problems, they risk becoming part of the problem.