... intuitively, it could be assumed that the upcoming transformation of finance and technologies will be unprecedented. It will definitely have an impact on all areas of economic activity. The development of global Yin-markets and “anarchic” areas of the economy will considerably reduce governments’ real influence. Humanity will rethink the role of international institutions and mechanisms that have evolved over decades, if not centuries. The rationale for global governance will be modified.
By 2050,...
... challenges and opportunities in the relations between Russia and the EU, as well as Russian and European businesses in the field of ecology and climate?
If the European Green Deal is transformed into an Eurasian Green Deal, this will open up huge prospects ... ... Russia, its main ally in combating a common global enemy, which is climate change.
Should Russia aspire to achieve carbon-neutral economy, and how?
Considering the national interests and specifics, it is definitely worth it. Moving towards a carbon-neutral ...
... global crisis, such as the current COVID-19 pandemic, as it can be employed as an anti-crisis measure via the investments of the G20 states’ SWFs.
Perhaps one of the few areas where a consensus is crystallizing across the major powers of the global economy is on the urgency of advancing the green environmental agendas and reducing the carbon emissions. Global institutions such as the IMF are emphasizing the need for a green recovery to take hold in the world economy as the global community emerges ...
... decoupling and for carbon neutrality by 2050 [
1
]. The plan is to reduce greenhouse gas emissions by at least 55% by 2030. In pursuit of this policy, the EU is setting the goals of increasing resource use efficiency and of advancing toward a circular economy, restoring biodiversity and curbing pollution.
While obviously having an impact on the EU economy, the implementation of the Deal will also concern the economies and foreign commerce of its trading partners through the anticipated re-structuring ...
... 20th century entailed the reevaluation of the role different factors play in economic growth. Natural resources ceased to be regarded as a significant prerequisite for economic development, due to the emergence of service industries and the virtual economy. Furthermore, the idea that natural riches could even hinder economic development gained ground.
It is now becoming increasingly clear that the conclusions drawn about natural resources’ secondary role were somewhat hasty. There is every ...
