The Transatlantic View: New Priorities for the US and Europe

Welcome back to Reshaping Multilateralism, a newsletter from the team at the Nexus25 project. Every month, we bring you the latest from the climate-security-migration nexus, with a particular focus on how to make multilateralism work for everyone - not just the Global North.?

This month, the Nexus25 team pivoted to the future of the transatlantic relationship, taking stock of the June elections in the European Parliament, closely tracking snap elections, and preparing for the 75th annual NATO Summit. While Labour’s landslide victory in the UK and the surprising French rejection of the far-right offer glimmers of hope for the global climate agenda, the U.S. elections (and a potential second Trump term) continue to hang over policymakers on both sides of the Atlantic.?

To discuss these elections and challenges ahead, Nexus25 co-lead and Istituto Affari Internazionali Director Nathalie Tocci facilitated the next episode of the “Reshaping Multilateralism” podcast, sitting down with Mr. Tony Agatha, the EU’s Principal Advisor on Climate Diplomacy; Dr. Ricardo Borges de Castro, a Senior Adviser to the European Policy Centre; and Dr. Heather Grabbe, a senior fellow at Bruegel and visiting professor at University College London and KU Leuven. This episode, “The View from Brussels,” will be live in late July.?

Meanwhile, Nexus25 also released new analysis on key dynamics in the US-Europe space, including:?

• An assessment of the European Elections and the future of the bloc’s Common Foreign and Security Policy (CFSP), arguing that the rise of the far-right will not entirely block CFSP, but will limit its ambitions and potential for reform; and?
• A brief on addressing the gender-climate-security nexus at NATO, particularly in how to align the bloc’s climate security and Women, Peace, and Security agendas after the 75th NATO Summit.?

Next month, we’ll be preparing for a busy fall that includes the UN General Assembly, Summit of the Future, G20, COP29, and more - bringing you a preview of what challenges will dominate multilateral debates through the end of 2024. Until then, we’ll be reading:?

• Council on Strategic Risks: “World Climate and Security Report 2024” ?
• Foreign Policy: “Green Peace: How the Fight Against Climate Change Can Overcome Geopolitical Discord”
• ECFR: “Winds of change: The EU’s green agenda after the European Parliament election”?
• Foreign Policy: “Europe Has a New Role as U.S. Strategy Shifts to China”?

Nexus25 is a joint initiative from global experts at Istituto Affari Internazionali and the Center for Climate and Security funded by Stiftung Mercator. For more from the Nexus25 team, go to www.nexus25.org for our full body of research or click the “subscribe” button in the upper right corner of the page.