Search

Begin New Search Topic Climate Change Content Type Commentary and Analysis Publication Year within 3 Years Publication Year within 10 Years

1. From Interconnection to Integration: German-Italian Energy Relations and the SoutH2 Corridor

Author:
Pier Paolo Raimondi and Wolfgang Münchau
Publication Date:
01-2024
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
On 22 November 2023, the German Chancellor, Olaf Scholz, and the Italian Prime Minister, Giorgia Meloni, signed a German-Italian Action Plan.[1] The Plan promises greater collaboration between the two countries on the biggest challenges currently facing Europe. Among these priorities is environmentally sustainable economic growth and the acceleration of climate protection. While the Action Plan is relatively terse, focusing on the establishment of fora for greater cooperation rather than providing a detailed roadmap, its energy and climate section does highlight a specific project as an example of closer cooperation: the acceleration of the completion of the so-called South-Central Corridor for the transport of hydrogen throughout Europe. This Corridor has the primary function of enabling the import of hydrogen produced in North Africa into the very core of Europe and thus to the high-demand areas of Germany and Northern Italy. One especially important part is the so-called SouthH2 Corridor, which includes a pipeline running the entire length of the Italian peninsula before connecting to Southern Germany via Austria. There are strong political and strategic arguments for a deeper energy cooperation between Italy and Germany, despite some differences.[2] Hydrogen and gas infrastructure is a key area where intensified cooperation is crucial.[3] Through the SouthH2 Corridor, the two countries have indeed expressed their willingness to collaborate precisely on hydrogen infrastructure, notably the SoutH2 Corridor. However, such cooperation cannot be limited to the infrastructural part; it must extend to a series of related issues in which both countries should seek to align their political and legal initiatives, starting from overcoming uncertainties regarding the development of hydrogen demand and the use of other net-zero technologies in both countries. In short, cooperation on infrastructure can be used as a jumping off point for a deeper collaboration on and exchange of information about their broader transition strategies. Such bilateral coordination would also contribute to the achievement of EU Green Deal objectives more broadly.
Topic:
Climate Change, Bilateral Relations, Natural Resources, Regional Integration, Pipeline, and Energy
Political Geography:
Europe, Germany, and Italy

2. Climate Change in Japan’s New Defence and Security Strategies

Author:
Alistair D B Cook
Publication Date:
01-2023
Content Type:
Commentary and Analysis
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
Japan has taken concrete steps to integrate climate change into its defence and security strategy going forward, and to provide the necessary budget for implementing the relevant measures needed in mitigating the impacts of this threat. This may signal a more prominent leadership role for Japan on climate security in the Indo-Pacific.
Topic:
Security, Defense Policy, Climate Change, and Environment
Political Geography:
Japan and Asia

3. Amazonia on the Brink

Author:
Carlos Andrés Baquero Díaz
Publication Date:
05-2023
Content Type:
Commentary and Analysis
Institution:
The North American Congress on Latin America (NACLA)
Abstract:
Our Summer 2023 issue of the NACLA Report brings movement voices together with research and analysis to lay out what’s at stake in the Amazon and how to avert a deeper crisis.
Topic:
Climate Change, Environment, Human Rights, and Indigenous
Political Geography:
Brazil, South America, and Amazon Basin

4. Southeast Asia Aid Map - Key Findings Report

Author:
Alexandre Dayant, Grace Stanhope, and Roland Rajah
Publication Date:
06-2023
Content Type:
Commentary and Analysis
Institution:
Lowy Institute for International Policy
Abstract:
Official development finance plays an important role in financing Southeast Asia’s development, equivalent to around 10% of total government development spending in the region. China is Southeast Asia’s single largest development partner and leads infrastructure financing. Yet, implementation problems have seen the scale of China’s financing decline in recent years. Traditional development partners collectively still dominate development financing in Southeast Asia at 80% of the total. The multilateral development banks lead the way, followed by Japan, Europe, and South Korea. The United States and Australia are mid-sized players. India and the Middle East have become notable sources of non-traditional development finance, with the Islamic Development Bank playing an important role. Climate development finance is increasing, but Southeast Asia will need more support if it is to transition towards resilient, low-carbon development. Intraregional development cooperation is growing, but only makes up a small part of development finance in Southeast Asia.
Topic:
Climate Change, Development, Humanitarian Aid, Finance, and Economy
Political Geography:
Asia and Southeast Asia

5. Water and Climate Change Will Shape Iraq-Turkey Relations

Author:
Mohammed A. Salih
Publication Date:
06-2023
Content Type:
Commentary and Analysis
Institution:
Foreign Policy Research Institute
Abstract:
Water and climate change will be at the center of Iraq-Turkish relations for years to come. There is a mismatch of priorities on the Turkish and Iraqi sides, with security constituting the most urgent element for Turkey and water/environment for Iraq. Iraq lacks effective pressure cards against Turkey, while Ankara can successfully weaponize water against Iraq, particularly in the short and medium run. A holistic approach that integrates the questions of trade, energy, security, and water can best help assuage Iraq’s water needs in dealing with Turkey.
Topic:
Climate Change, Bilateral Relations, and Water
Political Geography:
Iraq, Turkey, and Middle East

6. Russian Disinformation in Africa: No Door on this Barn

Author:
Dan Whitman
Publication Date:
08-2023
Content Type:
Commentary and Analysis
Institution:
Foreign Policy Research Institute
Abstract:
Recent gains by Russian disinformation in Africa make up one of the quickest propaganda victories in history. Wagner Group-Kremlin narratives work to Russia’s material advantage, and to Africa’s strong disadvantage. Understandably, Western governments are skittish toward employing underhanded tactics to counter Russian lies. An alternative to inaction could be to marry Western government resources with the work of non-governmental organizations in Africa and elsewhere. As is sometimes said about climate change, it may already be “too late” to mount efforts to remedy the situation. But that is hardly a reason for doing nothing.
Topic:
Climate Change, Propaganda, Disinformation, and Wagner Group
Political Geography:
Africa, Russia, and Eurasia

7. The Arctic within EU Strategies: A Renewed Centrality

Author:
Luca Cinciripini
Publication Date:
07-2023
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
In June 2023, the Arctic Council resumed its work after a year’s suspension in response to Russia’s invasion of Ukraine.[1] The Council is a pillar of the institutional architecture of the region; the main framework for cooperation between the Arctic states that also involves the North’s indigenous peoples in issues of environmental protection and sustainable development. In recent years, the overlap between climate and security crises has profoundly transformed the region, generating economic opportunities but also endangering local populations and amplifying international competition.[2] The European Union, which is increasingly interested in the issue of climate security (the multiplier effect of climate change and its, even indirect, impact on security risks spanning several dimensions – economic, human and political),[3] has long tried to devise an Arctic policy that takes into account such changes by tackling emerging challenges and grasping opportunities. To better address these issues, since 2013 the EU has been applying for full observer status to the Council; however, it has only been permitted to observe the organisation’s activities without a formalisation of its role. At the same time, however, to be able to play an active role in the region, the EU’s strategy must cover the full width of the Arctic institutional architecture, which encompasses a plurality of diplomatic, legal and institutional instruments that go beyond the framework of the Council.
Topic:
Climate Change, Environment, Politics, European Union, Institutions, and Russia-Ukraine War
Political Geography:
Europe and Arctic

8. Building Climate Resilience in Urban Informal Settlements through Data Co-production

Author:
Giulia Sofia Sarno
Publication Date:
03-2023
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
Climate change is worsening the number, frequency and duration of natural hazards across the globe, making disaster risk reduction and resilience building among the most pressing challenges ahead. According to UN-Habitat, informal settlements are where the impacts of climate change are the most acute in urban areas and strengthening resilience in these neighbourhoods represents a very complex yet urgent challenge.[1] Today, urban areas are home to 56 per cent of the world’s population and this figure is projected to increase to 60 per cent by 2030 and 68 per cent by 2050, with 90 per cent of the growth by 2050 expected to occur in less developed economies.[2] In these countries, population growth and displacement (including climate-driven migrations) will lead to rapid and unplanned urbanisation forcing a growing number of people into informal settlements. Currently, one billion people live in informal settlements, mostly in Asia, Sub-Saharan Africa and Latin America and this figure is expected to grow to 3 billion in 2050.[3]
Topic:
Climate Change, Crisis Management, Informal Settlement, and Energy
Political Geography:
Global Focus

9. Global Food Insecurity – Food Import: Reducing ASEAN’s Dependency

Author:
Paul Teng
Publication Date:
07-2022
Content Type:
Commentary and Analysis
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
The current food insecurity caused by the three Cs — COVID-19 pandemic, climate change and conflicts — has highlighted the reliance of many ASEAN states on imported staple food and feed. ASEAN needs to seriously re-examine its priorities to reduce import dependency.
Topic:
Climate Change, Regional Cooperation, Food, Food Security, Pandemic, and COVID-19
Political Geography:
Asia and ASEAN

10. Urban Resilience: A 21ˢᵗ Century Challenge

Author:
S. Nanthini
Publication Date:
08-2022
Content Type:
Commentary and Analysis
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
Cities are now home to more than half the global population. As the urban population continues to increase amid the intensification of the effects of climate change, urban disasters are set to affect more people than ever before. As such, strategies to build urban resilience are quickly becoming an urgent matter of global concern.
Topic:
Climate Change, Urban, Population Growth, and Resilience
Political Geography:
Global Focus

11. ndonesia’s 2060 Net-Zero Ambition: The Challenges Ahead

Author:
Margareth Sembiring
Publication Date:
10-2022
Content Type:
Commentary and Analysis
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
Recent developments in Indonesia’s sustainability outlook that includes a net-zero goal by 2060 are pointing to stronger commitments to reducing carbon emissions from energy use. At the same time, short- to medium-term realities, and a lack of public trust may derail the long-term sustainability vision.
Topic:
Climate Change, Environment, Sustainability, and Carbon Emissions
Political Geography:
Indonesia and Asia

12. Financing Pledges and Managing Expectations

Author:
Margareth Sembiring
Publication Date:
11-2022
Content Type:
Commentary and Analysis
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
The aim of Egypt’s chairmanship of the latest climate change conference was on the implementation of financing pledges to realise specific goals for mitigating the climate crisis. Yet, limited success was achieved. Going forward, it is necessary to manage expectations and to redirect efforts into what is deliverable.
Topic:
Climate Change, Environment, Finance, and Humanitarian Crisis
Political Geography:
Africa, Egypt, and MENA

13. Implications of a Melting Arctic

Author:
Sascha Glaeser
Publication Date:
07-2022
Content Type:
Commentary and Analysis
Institution:
Defense Priorities
Abstract:
Melting ice is making the Arctic more accessible, which in turn may affect three key issues in the region—militarization, maritime trade, and natural resource development. U.S. security interests in the Arctic remain deterring an attack on the United States and NATO allies and ensuring the lawful use of Arctic waters. The United States can secure both at minimum cost and risk. Greater accessibility does not increase threats emanating from the Arctic, so the United States does not need to do more militarily to ensure its security. Militarization absent threats could lead to a destabilizing security dilemma. Trans-Arctic maritime trade routes and natural resource development present potential economic opportunities; however, both still face significant challenges that limit their near-term viability. The United States should be vigilant to Russian and Chinese activity in the Arctic and avoid overreacting or reflexively mirroring their behavior. A U.S. Arctic strategy built on the reality that the United States enjoys a strong conventional and nuclear deterrent, a robust network of Arctic allies, and favorable geography, is the best avenue to protect U.S. interests and keep the Arctic at peace.
Topic:
Security, Climate Change, Natural Resources, Trade, and Militarization
Political Geography:
Russia, China, Arctic, and United States of America

14. Are Small Modular Reactors Europe’s Energy Salvation?

Author:
Manuel Herrera
Publication Date:
11-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
Nuclear power has never lived up to expectations due to its enormous development, construction and maintenance costs, as well as safety concerns. However, governments committed to ambitious climate change targets have taken a second look at it. In Europe, for instance, in January this year, the European Commission added nuclear power to the list of projects eligible for green financing and, in July, included it in its taxonomy.[1] Russia’s invasion of Ukraine, meanwhile, has sent fossil fuel prices soaring and put energy security at the top of the political agenda in Europe.
Topic:
Climate Change, Nuclear Power, and Energy
Political Geography:
Europe and Eastern Europe

15. Sense and Nonsense behind Energy Price Caps

Author:
Daniel Gros and Nathalie Tocci
Publication Date:
07-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
In official circles at the highest level, from the G7 to the European Council, a tense debate is taking place on what to do about spiralling gas and oil prices, which have either broken or have come dangerously close to breaking record territory. In Europe, a special meeting of the European Council on energy was originally scheduled for the fall, but is now being brought forward, while the European Commission is working on an emergency plan to prepare for a complete cut-off of Russian gas. Energy prices dominate the agenda of our leaders. Yet it is a confused and often confusing debate that is worth unpacking.
Topic:
Climate Change, Oil, Gas, and Energy
Political Geography:
Russia and Europe

16. A Healthier and More Sustainable Global Food System: What is at Stake for the EU?

Author:
Marta Antonelli
Publication Date:
01-2022
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
Fixing the global food system is arguably the most powerful leverage to nurture the world’s population while keeping human activity within the biophysical limits of the planet. Yet, food systems are today a threat to both human and planetary health, and thus require bold and forward-looking strategies as well as multi-stakeholder collaboration.
Topic:
Agriculture, Climate Change, Health, Politics, Natural Resources, European Union, Food Security, and Sustainable Development Goals
Political Geography:
Europe

17. Brazilian Youth Fight to Decolonize Climate Justice

Author:
Anna Beatriz Anjos
Publication Date:
03-2022
Content Type:
Commentary and Analysis
Institution:
The North American Congress on Latin America (NACLA)
Abstract:
Activists from Brazil’s urban peripheries are among the hardest hit by the climate crisis, and they are becoming increasingly active in the fight against it.
Topic:
Climate Change, Environment, Inequality, Urban, Justice, and Political Movements
Political Geography:
Brazil and South America

18. The Devastating Costs of Puerto Rico’s Solar “Farms”

Author:
Ruth Santiago, Hilda Lloréns, and Catalina de Onís
Publication Date:
02-2022
Content Type:
Commentary and Analysis
Institution:
The North American Congress on Latin America (NACLA)
Abstract:
The road to achieving sustainable energy in Puerto Rico should not be paved by bulldozing agricultural lands and coastal plains.
Topic:
Agriculture, Climate Change, Environment, Sustainability, Solar Power, and Energy
Political Geography:
Caribbean and Puerto Rico

19. Environmental Justice in the Age of Unnatural Disaster

Author:
Chris N. Lesser
Publication Date:
03-2022
Content Type:
Commentary and Analysis
Institution:
The North American Congress on Latin America (NACLA)
Abstract:
The recent mudslides in Petrópolis are just the latest examples of the issues of unequal access to land and precarious housing in Brazil.
Topic:
Climate Change, Environment, Natural Disasters, Inequality, Justice, Land, and Housing
Political Geography:
Brazil and South America

20. US-Africa Leaders Summit: New Beginning or Old Wine in a New Bottle?

Author:
Charles A. Ray
Publication Date:
12-2022
Content Type:
Commentary and Analysis
Institution:
Foreign Policy Research Institute
Abstract:
The US-Africa Leaders Summit—which included delegates from forty-nine countries and the African Union—was held in Washington, D.C., from Dec. 13–15, 2022. The summit focused on deepening and expanding the US-Africa partnership and giving voice to Africans in meeting current global challenges. The summit addressed substantive issues like climate change, food security, and human rights, without dwelling on America’s concern about Chinese or Russian influence on the continent. While specific details remain to be worked out, the three most important deliverables of the summit were: US support for the African Union to become a member of the G-20; a promise of $55 billion in aid to Africa over the next three years; and a commitment from President Joe Biden to visit Africa in 2023.
Topic:
Foreign Policy, Climate Change, Diplomacy, Human Rights, Food Security, and Leadership
Political Geography:
Africa, North America, and United States of America

21. Code Red for Humanity’: What Next for Mankind?

Author:
Margareth Sembiring
Publication Date:
09-2021
Content Type:
Commentary and Analysis
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
Amidst repeated warnings against the devastating consequences of climate change, a stronger commitment to climate adaptation measures is what is next for mankind.
Topic:
Climate Change, Environment, Green Transition, and Climate Justice
Political Geography:
Global Focus

22. China, climate politics and COP26

Author:
Sam Geall
Publication Date:
10-2021
Content Type:
Commentary and Analysis
Institution:
Lowy Institute for International Policy
Abstract:
There is no credible emissions pathway towards limiting global warming to 1.5°C without significant movements from China over the next decade to accelerate its energy transition and decarbonisation. China aims to become carbon-neutral by 2060. Yet Beijing is hedging in the near term, in part due to an uncertain global macro and geopolitical environment, and in part due to domestic threats of social instability and economic stagnation. China’s negotiating position at COP26 in Glasgow stands to benefit from support from many developing countries — unless the United States and other rich countries make an effective alternative appeal to the Global South with respect to climate finance, mitigation and adaptation.
Topic:
Climate Change, Energy Policy, and Carbon Emissions
Political Geography:
China, Global Focus, and United States of America

23. Democracy and the Challenges of Climate Change

Author:
Kevin Casas-Zamora
Publication Date:
12-2021
Content Type:
Commentary and Analysis
Institution:
East Asia Institute (EAI)
Abstract:
Climate change, being one of the most pressing issues today, has been addressed by many countries at the local, regional and global level. In this issue briefing, Dr. Kevin Casas-Zamora, Secretary-General of the International Institute for Democracy and Electoral Assistance discusses the challenges, strengths, and opportunities that democracy faces in tackling climate change. He states that the main challenges in tackling climate change are based on short-termism, self-referring mechanisms, and elements of governing capacities. Furthermore, he argues that democracy shows strength in this sense as a system of governance that allows for a strong civil society, free flow of information, societal consensus, and peaceful transformations of conflicts.
Topic:
Climate Change, Democracy, and Participatory Budgeting
Political Geography:
Global Focus

24. IS CLIMATE CHANGE DRIVING GLOBAL CONFLICT?

Author:
Nina von Uexkull and Halvard Buhaug
Publication Date:
02-2021
Content Type:
Commentary and Analysis
Institution:
Political Violence @ A Glance
Abstract:
While former US President Donald Trump frequently denied man-made climate change, the Biden administration has pledged to make climate change a priority, including for national security. In line with years of thinking within the defense sector, the Biden-Harris team refers to climate change as a “threat multiplier,” pointing to risks of regional instability and resource competition driven by worsening environmental conditions. This perspective also aligns with the initiatives of other countries that have pushed climate security in the UN Security Council and other international bodies.
Topic:
Conflict Resolution, Climate Change, International Security, Conflict, and Armed Conflict
Political Geography:
Global Focus

25. G20, COP26 and the Climate Emergency: Insights from Italian Public Opinion

Author:
Margherita Bianchi and Giulia Gozzini
Publication Date:
11-2021
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
Climate change is increasingly understood as the defining challenge of our times. Multiple polls underscore the extent to which citizens and government elites are united in identifying the climate emergency as the primary threat to human wellbeing and development. While prescriptions to tackle the climate crisis may diverge, the pandemic has increased the imperative to make human development and economic growth more responsive to the environment and natural ecosystems. Amidst promises to “build back better” in the wake of Covid-19, much anticipation is understandably being directed at the COP26 summit in Glasgow, that began on 1 November, one day after the conclusion of the G20 Rome summit.
Topic:
Foreign Policy, Climate Change, Energy Policy, United Nations, Natural Resources, and Public Opinion
Political Geography:
Europe and Italy

26. Crowdsourcing for Climate-Smart Agriculture: Insights from the Bolivian Andes

Author:
Rafael Lindemann Taborga
Publication Date:
11-2021
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
The vast majority of family and smallholder farmers in developing countries do not have access to locally relevant weather forecasts, undermining their capacity to adapt to climate change. Anticipating climate related risks reduces farmers’ vulnerability as they can plan ahead and limit the damage caused by storms, extreme temperatures, pests and other weather-related events. A recent pilot experiment in the Bolivian Andes – run by a consortium of international and national non-profit organisations, research centres and Bolivia’s productive development bank – found that encouraging smallholder farmers to crowdsource agro-climatic information enhances the accuracy of local weather forecasts, increasing their adoption of climate-smart practices. As a cost-effective system, crowdsourcing can be harnessed to broaden the coverage of agro-climatic information services, while enhancing their local relevance by responding to actual needs. The basic principle of crowdsourcing is that of outsourcing a task traditionally performed by a designated agent to individuals, groups of people or a platform that share a common goal. Encouraging smallholder farmers to utilise technology to send reports from their farmlands fosters a sense of ownership and collaboration, thereby favouring forms of collective knowledge production and sharing.
Topic:
Agriculture, Climate Change, Energy Policy, Natural Resources, and Digital Policy
Political Geography:
Bolivia and United States of America

27. The Venezuelan Oil Industry Collapse: Economic, Social and Political Implications

Author:
Rafael Ramírez
Publication Date:
11-2021
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
Venezuela’s hydrocarbons industry has completely collapsed. Seven years of mismanagement and political purges, the dismantling of Petróleos de Venezuela S.A.’s (PDVSA) managerial structures and deviations in longstanding company policy implemented by the government of Nicolás Maduro since 2014 have undermined the sector and destabilised the national economy.
Topic:
Climate Change, Energy Policy, Oil, Natural Resources, Economy, and Industry
Political Geography:
Venezuela, North America, and United States of America

28. A Changing Climate and Its Implications for Health and Migration in the Pacific: Examples from the Marshall Islands

Author:
Laura Brewington, Kelli Kokame, and Nancy Lewis
Publication Date:
09-2021
Content Type:
Commentary and Analysis
Institution:
East-West Center
Abstract:
Climate change impacts--temperature and rainfall changes, extreme events, sea-level rise, and ocean acidification--are amplifying health risks in vulnerable populations throughout the Pacific Islands, and also influence their mobility. This nexus of climate change, health, and migration is evident in the experience of the Marshall Islands. The nation and its population are dispersed over almost two million square kilometers of ocean, with sizeable diasporas in the United States. Climate impacts in the Marshall Islands exacerbate ongoing health threats, such as limited drinking water supplies, inadequate nutrition, and poor infrastructure. The out-migration of Marshallese is largely motivated by health, economic, education, and environmental reasons; therefore, planning for migrant movements should include adaptation strategies that also reduce health risks. A better understanding of how health, mobility, and climate change interact will help shape policy responses and provide useable climate information for focused, timely interventions that maximize health and well-being among populations in motion.
Topic:
Climate Change, Health, Migration, and Infrastructure
Political Geography:
Asia-Pacific and Marshall Islands

29. Building an Energy and Climate Coalition with Latin America and the Caribbean: An Agenda for the Biden Administration

Author:
Mauricio Cardenas and Laurie Fitzmaurice
Publication Date:
06-2021
Content Type:
Commentary and Analysis
Institution:
Center on Global Energy Policy (CGEP), Columbia University
Abstract:
The initial months of the Biden administration’s foreign policy have underscored the importance of defining the type of relations with China (cooperative in some areas, adversarial in others) and revamping relations with Europe on areas of common interest. However, the United States should look closer to home, where it can find some major opportunities for international policy advancement. The Biden administration has a window of opportunity to rethink its relations with and policy toward Latin America and the Caribbean (LAC). In particular, there are very good reasons—political and economic—for putting the energy and climate change agenda at the center of the hemispheric partnership. On the political front, building a hemispheric bloc will increase the influence of its members in global negotiations. On the economic front, the countries in the region offer significant opportunities for trade and investment for the United States. Canada, which earlier in the year pledged to work with the United States on addressing climate change,[1] could also have an interest in promoting and potentially participating in this initiative. Prior to the arrival of the pandemic, the economies of LAC had already been confronting a complex series of economic growth challenges after the end of the commodities supercycle. Many countries in the region faced high levels of public indebtedness, currency depreciation, credit rating risk, insufficient tax revenue bases, and low investment rates.[2] The appearance of the COVID-19 crisis only served to exacerbate these conditions. The LAC region contains 8.4 percent of the world’s population but represents 30 percent of COVID-19 fatalities to date.[3] Forecasts now predict that per capita GDP will remain below the 2019 level at least until 2023.[4] The continuing surge of undocumented immigration into the southern border of the United States, the social and economic impacts of COVID-19, and the growing influence of China in the region could increase political pressure on the United States to develop a coherent policy toward LAC. These urgent and competing dynamics represent an opportunity for the United States to recast its policy toward the region as one of engagement. The United States could utilize the tools of technology and financing focused on energy and climate to put the region on a path toward sustained economic growth and social progress. LAC needs technology and financing to build clean infrastructure, develop alternative energies, and reduce energy poverty.
Topic:
Climate Change, Energy Policy, Environment, Regional Cooperation, and Regionalism
Political Geography:
Latin America, Caribbean, North America, and United States of America

30. The New US-EU Energy Security Agenda: Roundtable Report

Author:
Jonathan Elkind
Publication Date:
07-2021
Content Type:
Commentary and Analysis
Institution:
Center on Global Energy Policy (CGEP), Columbia University
Abstract:
On June 3, 2021, Columbia University’s Center on Global Energy Policy (CGEP) and the Stiftung Wissenschaft und Politik (SWP, the German Institute for International and Security Affairs), in cooperation with the European Climate Foundation (ECF) and the European Union (EU) Delegation to the US, cohosted a private virtual roundtable focusing on energy security issues during a period of heightened action on climate goals. This document summarizes the June 3 roundtable, which was conducted on a not-for-attribution basis. Participants in the roundtable included just over 50 senior corporate executives, civil society representatives, academic and think tank experts, energy analysts, and government officials from the European Union and United States. In June 2021, President Joe Biden traveled to Europe, his first overseas trip since his inauguration as president, and he met with European heads of state and government in the context of a British-hosted G7 meeting, a North Atlantic Treaty Organization (NATO) Summit, and a US-EU Summit.[1] The journey signaled a concerted effort by the United States and the European Union to rebuild bilateral relations, which were battered during the Trump administration. Protecting the global climate and accelerating the transition to clean energy are objectives that unify top leaders on both sides of the Atlantic today. The European Union has a legislated mandate of climate neutrality by the year 2050 and is implementing its comprehensive European Green Deal and elaborating a corresponding legal and regulatory framework for an enhanced 2030 target. In the United States, the Biden administration reentered the Paris climate agreement and announced plans to reach net-zero emissions by midcentury, though climate protection still faces significant political challenges in the US Congress and in certain states. If the European Union and the United States proceed as these plans indicate, their energy systems face a period of accelerating, unprecedented, and sustained change—new technologies, new supply chains, new business models, and new interdependencies between economic sectors.
Topic:
Security, Climate Change, Energy Policy, Environment, International Cooperation, and European Union
Political Geography:
Europe, North America, and United States of America

31. The Impact of ESG on National Oil Companies

Author:
Luisa Palacios
Publication Date:
11-2021
Content Type:
Commentary and Analysis
Institution:
Center on Global Energy Policy (CGEP), Columbia University
Abstract:
The rise of ESG investing—investment focused on environmental stewardship, social responsibility, and corporate governance—in the 21st century has created significant pressures on oil companies. Some shareholders of international oil companies (IOCs) have pressed them to pay closer attention to ESG goals and diversify their business models away from hydrocarbons and into other sources of energy amid efforts to address greenhouse gas emissions.[1] National oil companies (NOCs)—which currently control about 50 percent of the world’s oil production—have different corporate mandates than their IOC peers that might imply a more complicated relationship with ESG goals. NOCs are mainly owned by governments in the developing world, and thus face vastly different demands than IOCs answering to private sector shareholders.[2] But different does not mean NOCs do not or will not feel pressure to address ESG issues. Given NOCs’ significant share of global oil production—and the fact that this share may increase as IOCs diversify—the pressures they face and changes they make could have a significant impact on the future of the oil and gas industry as well as countries’ abilities to meet climate goals. During the November 2021 COP 26 meetings in Glasgow, Saudi Arabia and India became the latest countries with strong NOCs to pledge to reach net-zero greenhouse gas emissions in the next decades.[3] This commentary examines how the ESG agenda is impacting NOCs through the ecosystem of organizations and principles that have emerged from the UN’s Sustainable Development Goals and the Paris Agreement as well as from investors and regulators in global financial markets. The piece then describes the three components of the ESG framework in relation to NOCs and the challenges of accurately measuring adherence to them due to insufficient standardization of metrics and the variety of reporting frameworks. Also, because environmental, social, and governance competence are not strictly related to one another, companies may be strong in some areas and weak in others, making it difficult to evaluate their ESG performance as a whole.[4] Finally, while ESG pressures are coming alongside discussions about the energy transition and climate change, ESG assessments do not evaluate companies’ energy transition plans, even if some aspects of ESG scores might provide insights about them. The commentary pays special attention to the importance of corporate governance for national oil companies in achieving overall ESG goals, given the key differences between their ownership structure and that of private sector companies working in the oil industry.
Topic:
Climate Change, Energy Policy, Oil, Natural Resources, and Green Technology
Political Geography:
Global Focus