Meeting organized as part of the second edition of the cycle "Global Scenarios", promoted by ISPI and Arca Fondi Sgr, to address in an integrated way issues related to the economy and global politics.
During 2021, the Eurozone has seen the most significant increase in prices since the single currency came into force. Scarcity of raw materials (especially rare earths and other critical commodities) and high energy prices, together with geopolitical tensions, are at the basis of this dynamic that presents partially uncertain scenarios, also in light of the disagreement among member states on which sources are really green and therefore suitable to be part of the taxonomy for investments currently under discussion. At the same time, the definition of ESG criteria poses unprecedented challenges for companies in terms of energy transition and capital markets, with reference to sustainable investments. Are we facing a new commodity "super-cycle" or are we dealing with physiological fluctuations in commodity markets? What impact will the current situation have on companies, both with reference to short-term economic performance and to the path towards energy transition and progressive emancipation from fossil fuels? What repercussions will the current geopolitical tensions with Russia have on the use of gas and possible alternative sources (including fourth-generation nuclear power)? What should the ECB do to keep inflation under control and avoid further overheating of prices?
First meeting was