To achieve environmental targets in the next decade, it is crucial to focus on both investment subsidies and demand-side transitions in energy policies. The emissions issue is not solely Western as more than half of emissions come from emerging and developing countries. Merely fixing emissions in the West will not suffice, as these countries drive energy demand growth. Transformation of energy systems globally is imperative to address the energy challenges faced by developing nations. Without effective mechanisms to drive this transformation, environmental goals will remain unattainable.
2024 is set to be a seismic year. A win by Donald Trump in the US presidential election could upend the world economy, ongoing military conflicts could continue to escalate and the race to develop AI will accelerate as China and the US battle it out for technological supremacy. Who better to make sense of these unsettling and fast-changing times than Martin Wolf? He is Chief Economics Commentator at the Financial Times and widely regarded as one of the world’s most influential writers on the global economy.
A multi-award-winning financial journalist, Wolf has been chronicling and analysing geopolitical and economic upheaval for nearly 40 years. He has written five bestselling books. His latest, The Crisis of Democratic Capitalism, maps out the implications of globalisation, technological development and the impact of democratic decline on the global economy. The host for this event is BBC News Presenter Jonny Dymond.
This recording is part of The Intelligence Squared Economic Outlook series of events made in partnership with Guinness Global Investors, an independent British fund manager that helps both individuals and institutions harness the future drivers of growth to achieve their investment goals.
To find out more visit: https://www.guinnessgi.com/
If you would like to attend The Intelligence Squared Economic Outlook's next event focusing on China with economist Keyu Jin, visit www.IntelligenceSquared.com/attend
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