The Security Council (SC)
The question of creating lasting peace in Libya
Libyan Civil War
Libya was an authoritarian state under Gaddafi until 2011. The civilians, influenced by similar revolutions in neighboring countries, wanted more democracy and overthrew the Gaddafi regime, with the covert assistance of the United States. Since then, the country has suffered greatly from the power vacuum left behind after Gaddafi was killed by the rebel forces. Many military militias have claimed territory and after various attempts at peace, there are currently three governments in the country, each backed by different militias and recognized by different countries. These include the "General National Congress", the "House of Representatives" and the "Government of National Accord". The latter of which is recognized by the UN. Although Libya is a failed state at the moment, it has great potential to grow economically. The assets of the Central bank of Libya, the National Oil Corporation, and the Libyan Investment Authority have all been frozen by the UN. The Libyan Investment Authority is the largest sovereign wealth fund in Africa, which means that unlike many other conﬂict zones, Libya has the ﬁnancial means to prosper, after it has been stabilized.