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Geopolitical gyrations needed to deliver on net zero

    • Clean-energy investment must rise from about US$1.8 trillion this year to US$4.5 trillion annually by the early 2030s, says the International Energy Agency.
    • Clean-energy investment must rise from about US$1.8 trillion this year to US$4.5 trillion annually by the early 2030s, says the International Energy Agency. PHOTO: REUTERS
    Published Fri, Sep 29, 2023 · 05:00 AM

    IN THE journey to net zero in the decades ahead, much focus is placed on economics and technology in the energy transition and tackling climate change. However, in a landmark report released this week, the International Energy Agency (IEA) rightly highlights the colossal challenge of geopolitics in an increasingly divided world.

    In an otherwise upbeat study – much more so than an earlier one this month by the United Nations (UN) – the IEA points to the need for much stronger international cooperation.

    This is especially for the United States and China, which need to disentangle climate diplomacy from geopolitics, given the epic scale of the climate-change challenge.

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