This is the 565th most frequent Spanish word.
mundial
"Worldwide" or "global."
In this context, 'mundial' is used as an adjective meaning 'global' or 'worldwide', describing the significance on an international scale.
Este evento deportivo es de importancia mundial.
This sporting event is of global importance.
Here, 'mundial' qualifies 'paz', emphasizing that the peace desired extends across the entire world.
La paz mundial es una meta noble.
World peace is a noble goal.
In this sentence, 'mundial' is used as an adjective to describe 'campeonato', indicating that the championship is recognized across the world.