Despite its natural advantages, the Bay of Bengal region lags economically, in part due to insufficient connectivity between the member nations. Improving financial connectivity between them is the first step to easing movement of goods, services and people. Greater financial collaboration also can help the region mitigate the impact of ongoing geopolitical upheavals that have caused food and energy prices to rise.

The focus on climate finance must take into account the high cost of debt, foreign exchange risk and weak public energy utilities in the developing economies. A creative and workable solution to all these issues is to establish a Global Climate Finance Agency, managed by a reputed multilateral agency with some of the capital support promised by the developed countries.

The restoration of diplomatic ties between Iran and Saudi Arabia marks the end of a seven-year marathon of indirect confrontations and impasses involving a broad spectrum of actors. It allows both to harvest economic and political benefits. Most importantly, it confirms China’s status as a significant power with influence to unlock broad and complex international agreements.

Gateway House’s G20 Task Force Report on Energy Transitions and Climate Finance analyses the geopolitical and geoeconomic challenges, and proposes recommendations, for green transition among the G20 countries. Task Force co-chair Nadir Godrej, Chairman and Managing Director, Godrej Industries, and Amit Bhandari, Senior Fellow, Energy, Connectivity and Investment, Gateway House discuss the report’s recommendations on climate finance, green transition, affordable access, and energy security on CNBC-TV18 with Parikshit Luthra.

Sanctions against Russian energy, high cost fuel, heat waves and droughts all at once have raised the price of daily energy use to unprecedented levels and plunged large parts of the world into darkness.

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 Indo-Pacific has become an important part of global geopolitics in the recent past, with several great powers implementing concerted Indo-Pacific policies to create economic, social and security linkages with the region. India can use its development experience and futuristic technology to secure stability and prosperity. This compendium of essays explores the comprehensive role that India can play in the Indo-Pacific, from energy and environment, to trade, security, technology and a vibrant diaspora.

India has benefited from three years of low petroleum prices. The tide is now turning, with oil moving from a benign $50 to $70 a barrel. This is a good time for it to start using financial instruments and asset purchases, as other countries do, to protect itself against further price rises

Japanese technology giant Toshiba is sinking into a financial morass due to its near bankrupt nuclear power business, Westinghouse. India must recognise the new reality that nuclear energy is no longer financially viable

Aleppo is back under the control of the Syrian government, the Russian ambassador to Ankara is assassinated for his country’s role in Syria, and U.S. President-elect Donald Trump wants to cooperate with Russia to fight ISIS in Syria. These momentous events in modern history compel an assessment of the geopolitics surrounding Syria.