Though the world is still not on track to tackle the climate crisis, politicians, investors and businesses are waking up to the far-reaching transitions, such as clean energy, that are needed to limit the effects of climate change. That transition is accelerating, with important implications for finance, trade and geopolitics.
This past June marked a milestone in trans-Atlantic energy relations: For the first time, the European Union bought more natural gas from the United States than from Russia. In some ways, this was a positive development for both sides. The EU, however, is also discovering that the U.S. is a strange energy superpower to partner with.
Luiz Inacio Lula da Silva’s election as Brazilian president has been hailed as a turning point for protecting the Amazon from deforestation, and hence for the world’s struggle against climate change. But while Lula is being anointed as an environmental savior, he faces arduous work before his promises can be fulfilled.
Who is to blame for Afghanistan’s food insecurity crisis depends on whom you ask. What almost everyone agrees on, though, is that it is a manufactured disaster stemming from multiple, interrelated policy-driven causes. Ultimately, the blame game only adds a political layer to the problem, making it even more difficult to fix it.