Energy can be a key driver of European competitiveness and the transition to a low-carbon economy, benefiting European businesses and citizens alike. But realizing this promise requires European leaders to provide a vision and act decisively now.
THE HAGUE – European heads of state, energy ministers, and the European Union are actively debating climate and energy policy at a series of summits in the coming weeks. If the decisions they take are to matter, the leaders must work to understand the changing nature of such policies – and the enormous opportunity that they must seize.
Energy can be a key driver of European competitiveness and the transition to a low-carbon economy, benefiting European businesses and citizens alike. But realizing this promise requires European leaders to provide a vision and act decisively now.
While the developed world may still be wrestling with the fallout of the financial crisis, most emerging economies are already back on a strong growth track. China posted nearly 10% growth in 2010; India was close behind, at 8%. Much of that remarkable economic performance is built on the industries of the low-carbon future.
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Following the latest G20 summit, the G7 should be thinking seriously about deepening its own ties with more non-aligned countries. If the Ukraine war drags on, and if China continues to threaten to take Taiwan by force, the G20 will be split between friends of the BRICS and friends of the G7.
sees the grouping as increasingly divided between friends of the G7 and friends of China and Russia.
To prevent catastrophic climate change and accelerate the global transition to a net-zero economy, policymakers and asset owners urgently need to rethink how we channel capital at scale. The key is to develop new financial instruments that are profitable, liquid, and easily accessible to savers and investors globally.
explain what it will take to channel private capital and savings toward sustainable development.
THE HAGUE – European heads of state, energy ministers, and the European Union are actively debating climate and energy policy at a series of summits in the coming weeks. If the decisions they take are to matter, the leaders must work to understand the changing nature of such policies – and the enormous opportunity that they must seize.
Energy can be a key driver of European competitiveness and the transition to a low-carbon economy, benefiting European businesses and citizens alike. But realizing this promise requires European leaders to provide a vision and act decisively now.
While the developed world may still be wrestling with the fallout of the financial crisis, most emerging economies are already back on a strong growth track. China posted nearly 10% growth in 2010; India was close behind, at 8%. Much of that remarkable economic performance is built on the industries of the low-carbon future.
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