A new decisive moment for renewable energy

IT IS time for countries to reinforce their renewable-energy strategies, not only for climate action, but also because renewables are the most resilient and no-regret economic pathway for development, security, decarbonisation and competitiveness.

Furthermore, rising geopolitical tensions have made energy security a top national priority for many countries.

While it is far too early to understand the full consequences on global energy markets, the current military escalation in the Middle East has once again exposed the volatility of our economies to oil and gas price shocks, underscoring the urgent need for a more resilient energy architecture.