Courtesy: COP Paris / Flickr
COP21 could have spelled doom for India’s growth push if it had insisted on a peak emissions year for all participants, or spelled out explicit restrictions on coal. It has done neither, and continues to recognise the principle of differentiated responsibilities
Courtesy: COP Paris / Flickr
COP21 is a reality check for those who like to believe that geopolitical power is shifting from West to East. The just-concluded Paris Climate Summit was essentially about the early-to-develop Western powers continuing to exercise almost complete control over global governance structures, largely through the dominance of markets.
Courtesy: Victor Dubreuil / Wikipedia
The GCC finds itself engulfed by a perfect storm – due to the oil price fall and the re-emergence of Iran on the world scene. While the GCC is forced to undertake politically challenging reforms and confront the regional challenge of Iran, there lies a great opportunity for India to strengthen their economic as well as security ties.
Courtesy: Risingpowersinitiative.org
Iran has emerged on to the world stage after 36 years of isolation. India must double up its diplomacy and commercial engagement with Iran, and move boldly beyond the curtain of ‘civilisational’ ties. Time to put that natural advantage to good commercial use through a vigorous private sector engagement with Tehran.
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The Chinese Renminbi is now the first in the developing world to find a place in IMF’s basket of reserve currencies. But the road to its inclusion becoming effective is still almost a year away. In this time, China will likely further integrate its currency with global markets
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An unspoken war has been waged between India and the U.S. at the COP21 Summit in Paris. If the West wants India to opt for more expensive energy options, then they must also reciprocate by sharing technology.
Courtesy: Twitter
The brief interaction between Modi and Sharif in Paris paved way for a meeting between the NSAs of the two states in Bangkok on 6 December. It is these unobtrusive talks by empowered envoys in neutral venues which will achieve real results
Courtesy: Sass Peress / Wikipedia
The Climate Conference in Paris offers the globe a chance to arrive at a firm action plan—and underpinning this chance are advances in solar and electric vehicles technology. If the Paris talks focus on making such technology and related finance available to countries like India, we can move closer to achieving climate goals
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If COP 21 Summit in Paris is to play a decisive role in warding off climate havoc, it must strengthen efforts to resolve the greatest market failure in history. Efforts to reconfigure market culture are part of a larger civilizational process of treating profit as the means not the goal of business.
Courtesy: ustr.gov
The U.S.-driven Trans Pacific Partnership agreement between 12 countries, which is aiming to become the new standard of world trade, impacts domestic systems globally. For India, it will skew investment and intellectual property rights, and especially the debate over the Investor State Dispute System which allows companies to challenge sovereign rights and public policy.