Via Nikkei Asia, a look at how the climate ‘breakthrough’ funded by G7+ investors misses its deadline in Indonesia, while Hanoi’s $15.5bn plan is delayed: Last November, G20 leaders in Bali hailed what they said was a transformational climate change finance deal to help wean Indonesia off coal. Nine months on, not a single dollar of […]
Read more »Courtesy of The Diplomat, a look at India’s moves to discuss cross-border power sharing in Southeast Asia, part of an attempt to become a major electricity exporter: India is engaged in discussions with Southeast Asian nations, such as Singapore and Thailand, to facilitate the cross-border trade of renewable energy (RE) electricity. Plans include establishing grid […]
Read more »Courtesy of The Diplomat, a report on India’s rapidly-growing EV market where a $1.3 billion federal plan to encourage EV manufacturing and provide discounts for customers along with rising fuel costs is driving up sales: Groceries stashed in the back of an electric delivery scooter are an increasingly familiar sight in the Indian city of […]
Read more »Courtesy of Foreign Policy, commentary that BRICS expansion is not a triumph for China, but rather a warning shot for the West to end its strategic slumber in the global south: Those who believe that the world is moving to a post-Western global order saw their belief confirmed last week. At its annual summit in […]
Read more »Via Project Syndicate, analysis of by Jim O’Neill – former chairman of Goldman Sachs Asset Management and a former UK treasury minister – on the news that the BRICS (Brazil, Russia, India, China, and South Africa) will accept new members, one wonders if the grouping can pose a genuine challenge to the prevailing global-governance institutions: […]
Read more »Via Geopolitical Futures, commentary on the BRICS’ future: On Aug. 22-24, members of the BRICS grouping will hold a summit in Johannesburg. They’re expected to discuss two key issues: enlargement and the possibility of adopting a common currency. Both issues are critical to the future of this partnership of five large developing nations: Brazil, Russia, […]
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