As we face a whole range of unresolved global problems, many of them casting a shadow over the future of our species, we urgently need to revitalize our mechanisms of international cooperation. At the center of this is the transformation of the United Nations into a problem-solving organization and, without doubt, the establishment of a Parliamentary Assembly would be a powerful catalyst to enable the UN to live up to the ideals on which it was founded, delivering peace, security and prosperity for all.