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The advent of the pro-oil Donald Trump in the U.S. and the strong pushback by developing countries to the unsatisfactory COP29 proposals, has opened opportunities for India in the energy sector. Instead of investing in overseas oil facilities, India will be better served as a financial investor in listed companies in large economies. This approach will help forge closer ties with strategic partners.
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Prime Minister Narendra Modi’s six-day visit to Nigeria, Brazil, and Guyana in November resulted in several bilateral agreements on economic, developmental, energy and technological cooperation. The trip highlighted India’s strategic and diplomatic priorities in Africa, Latin America and the Caribbean and offered the country an opportunity to position itself as a key partner for sustainable development and multilateral cooperation in the Global South.
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Conversations on forced displacement in many cases still centre on the climate versus conflict dichotomy, but multiple factors including social inequality, poor infrastructure and weak governance, often combine as triggers for displacement. A more analytical approach to financing forced displacement response is necessary to enable humanitarian actors to work more effectively in the allocation of resource and disaster preparedness.
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Digital ecosystems, their evolution and regulation was the focus of USAID’s annual conference on global digital development. For Global South actors, the conference offered suggestions on addressing climate impact, disinformation, and building resilient digital infrastructure.
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India and France are both large energy importers with a shared interest in stable prices and decarbonisation. They have much to offer each other. France is a leader in nuclear power and green hydrogen, and can help India with the technology it needs. India, with its large and growing market, can help bring down the cost of these technologies and mainstream them.
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At the COP28, Sri Lanka’s President Ranil Wickremesinghe stated the need for $12 billion in FDI for renewable energy sources by 2030 to fulfill the country’s climate commitment. For that funding to yield benefits and translate into long-term growth, Sri Lanka must now work hard to enhance its overall business environment and revisit its foreign investment strategy to focus on renewable energy and manufacturing.
Courtesy: Scroll
From COP to COP, the discussions focus on climate change and its impacts. But none have yet addressed a critical issue: the definition of a “climate refugee” or climate-related forced migration. Some contend that the issue requires a revision in the 1951 Refugee Convention. But with refugee and migrant flows to the borders of Western democracies, the term “refugee” is often re-framed as a concern about preservation of culture and values.
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Mizoram is one of India's most beautiful states, whose people high literacy rates in India. Yet a lack of employment opportunities and inadequate infrastructure have significantly hindered its progress. The recent investments in connectivity projects and the tourism industry can help Mizoram transition into being a model for growth in India's North East.
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India’s year-long G20 Presidency completed six months at a time of global economic slowdown and sharpening geopolitical contestation. While India has done well in leveraging the Presidency to articulate its vital goals, the success of the upcoming Delhi Summit will depend on achieving consensus, additionality, and implementability.
Courtesy: Takshashila Foundation
On May 30, Rajiv Bhatia, Distinguished Fellow for Foreign Policy Studies, Gateway House, and Chair of the FICCI Task Force on Blue Economy spoke with Carl Jaison at the Takshashila Institution on India’s national efforts to harness the Blue Economy sectors. They discussed it the draft National Policy on Blue Economy developed by the NITI Aayong, the role of the private sector, the opportunities and challenges in the key and allied sectors, and potential areas of collaboration for the G20 countries.