COP 28, surprising outcome in a volatile context

2023 will be noted for the elevated levels of global economic & political risks and a new awareness of the fast-emerging multipolar world. National elections in 2024 in the USA, Taiwan, India, Pakistan, Mexico and South Africa provide important insights into this shifting geopolitical context. Taiwan’s recent elections provided an early test for China’s ‘reunification’ ambitions and reminded the world of the critical role Taiwan plays in the global semiconductor industry. Closer to home, the European Parliament elections in June will a be good test of EU sentiment on green economy and decarbonisation targets, which some politicians say clash with national labour & economic self- interests.

Citation en exergue : Is this the beginning of the end for fossil fuel majors and their associated collectives?