Because it’s dragged down by conservatives and rich people who benefit off regressive policies.
Your statement is akin to “trickle down economics” where the elites control the fountain and gullible people think it’s going to reach them up any day now.
The never ending cycle of rich countries grandstanding and shaming poor countries into tough regulations, green initiatives, environment preservation to slow down their progress in every sector after benefiting off of massive scale no-consequence exploitation of their own.