The transition to low-carbon energy systems has the potential to shift geopolitical power, as it will create winners and losers across countries. The clean energy business is certainly lucrative for its winners: the IEA estimates that the transition would create a $1.2 trillion market for clean energy.
Risultati della ricerca:
Il conflitto in Ucraina cambia le priorità energetiche europee. Con un interrogativo: contribuirà ad accelerare il distacco dai fossili?
Russia e Cina lavorerebbero per dar vita a un sistema monetario parallelo. L’attuale crisi potrebbe erodere il ruolo del dollaro. Viene meno la fiducia internazionale?
The MED This Week newsletter provides expert analysis and informed comments on the MENA region's most significant issues and trends. Today we turn the spotlight on the challenges the United States is facing to shore up ties with unsatisfied allies in the Middle East and North Africa and tackle today's energy crisis.
The implications of the recent normalisation process between the UAE and Turkey will not be limited to the future regional balance of power. Over the last decade the two countries had expanded the competition arena beyond the traditional Middle East borders. Following the so-called Arab Spring, the two countries have exploited regional crisis and states' endemic fragility to boost their strategic positions. Accordingly, Turkey and UAE shifted competitive dynamics to third-party contexts.
As the conflict in Yemen drags on, an interesting dynamic has marked the last year of war: the rise of popular protests in many Southern regions, the areas which are not directly hit by airstrikes and fighting. Demonstrations are mainly driven by worsened economic conditions: Yemenis peacefully take to the streets, organise sit-ins or go on strike to express their dissent against unstoppable inflation, lack of public salaries and services, electricity shortages and limited access to clean water.
While differences might remain in the interpretation of how the war in Ukraine could have been avoided and what the consequences will be, it is unanimously understood that the conflict has recompacted the Western front and has in fact divided the world. This division was very visibile on 2 March, at the United Nations, when the General Assembly resolution condemning the Russian invasion was passed with 141 votes in favour, 35 abstentions, and 5 against.
Pivot to Asia is our monthly newsletter focusing on the most significant issues and trends in Asia. Today, we turn the spotlight on the war in Ukraine and Asia’s reaction.
The timing has certainly been unfortunate. As the European Union’s foreign policy chief Josep Borrell finally went public with details of the bloc’s much-anticipated new Indo-Pacific strategy on 15 September, 2021, world attention was focused on the unexpected announcement of a new trilateral military alliance between Australia, the United Kingdom and the United States (AUKUS).
The globalized economic world order has promulgated a widespread cause and effect impact. As a consequence, the onset of the Ukraine crisis will not only spike oil and gas prices across the world — disrupting energy supply chains —but also have gross ramifications on other critical global value chains ranging from wheat and barley to minerals like copper and nickel.