Richard N. Haass, Chen Dongxiao, and Nathalie Tocci discuss the mounting challenges to global governance and their implications for international cooperation, including rising climate concerns, economic volatility, and increasing great power tensions amid a global pandemic. The Council of Councils (CoC) is an international initiative created by the Council on Foreign Relations to connect leading foreign policy institutes from around the world in a dialogue on issues of global governance and multilateral cooperation. The CoC is composed of twenty-eight major policy institutes from some of the world’s most influential countries. It is designed to facilitate candid, not-for-attribution dialogue and consensus-building among influential opinion leaders from both established and emerging nations, with the ultimate purpose of injecting the conclusions of its deliberations into high-level foreign policy circles within members' countries.