Significant progress has been made globally in adopting green energy. Technological advances, easier availability of capital and regulatory measures have helped. But progress is likely to slow due to the shocks caused by Covid-19 and the Ukraine crisis. How to continue the green transition whilst ensuring that lower-income countries have access to affordable energy? This Task Force offers recommendations for India’s G20 Presidency.
Discontent over high energy prices, spiralling living costs, and anti war sentiments have gripped Europe, resulting in protests and civil unrest across the continent. With no immediate solution in sight, public resentment is likely to intensify through the coming winter months
The Ukraine crisis has sent the EU scrambling for new gas supplies, generating fresh interest in gas pipelines from Central Asia and West Asia via Turkey. Practical difficulties make most of these new projects unviable.
The unprecedented consensus within the EU in accepting Ukrainian refugees presents it as a global humanitarian power. But is this truly a ‘paradigm shift’ or is it a continuation of the West European Cold War strategy, based on a moral high ground narrative, of accepting people who had fled the ‘evil and undemocratic’ Soviet-bloc countries during and after World War II?
A shift is taking place in the business of global dominance and hegemony, from the model of expressing force through troop presence to financial sanctions. But China and Russia, in concert, may provide a way out of the sanctions regime.
A ransomware attack recently targeted Kaseya, a software services company in the U.S., for $70 million, incapacitating hundreds of its clients globally. There is an increasing incidence of such attacks, with perpetrators targeting government agencies and high-tech companies, leading to considerable economic losses. How can governments mitigate these threats and attribute responsibility to those accountable?
India’s oil consumption and imports are likely to resume their upward trajectory as the economy opens up, after a temporary drop due to the pandemic. To secure its energy needs, the country should shift course from investing in oil and gas assets of emerging economies to those of developed nations. The oil-rich Organisation for Economic Co-operation and Development (OECD) countries, such as Canada, Norway, and the U.S. can be given special consideration.
India has had big successes during its first stint as an observer in the Arctic Council. Since then, the country has made substantial progress in its climate action pledges and developed comprehensive strategies to mitigate climate change. With its re-election, India can now offer much more to the global organisation's role in promoting environmental stability in the polar region.
Fuel prices are at an all-time high in India this month, even after the country benefitted from 5 years of low crude oil prices. Amit Bhandari, Fellow, Energy and Environment Studies Programme, explains why fuel prices are high and how the Government of India could have prevented this ongoing crisis.
The UN turned 75 this year but instead of grand celebrations, the world witnessed an empty UNGA with world leaders addressing it via video screening because of the pandemic. The UN is under unprecedented stress and being shown up for its inability to tackle the challenges of today like the pandemics, climate change, terrorism or global peace and security. The institution's key governing structures, especially the UN Security Council, are inadequate and demand reform. India must now use gritty resolve to ensure its place in these governing structures.