Courtesy: European Union
The EU’s Indo-Pacific strategy comes better late than never. But it has to step gingerly. It cannot antagonize China, wants to build on the legacy of its members’ colonial past, give the region the infrastructure it needs, and make the trade agreements that it wants. Is it achievable?
Courtesy: Arctic Council Flickr
India has had big successes during its first stint as an observer in the Arctic Council. Since then, the country has made substantial progress in its climate action pledges and developed comprehensive strategies to mitigate climate change. With its re-election, India can now offer much more to the global organisation's role in promoting environmental stability in the polar region.
Courtesy: ISRO
As the density of satellites increases in Earth's orbit, extreme space weather events like solar storms and radiation whiplashes threaten satellite constellations. A ‘whole-of-government’ approach is needed to address the challenges of space weather on India’s converging space and digital economies.
Courtesy: NASA/JPL-Caltech
With an increasing human and robotic footprint in the solar system, there is a need to develop robust regulatory mechanisms to prevent the “forward” and “backward” biochemical contamination of these unexplored celestial bodies.
Courtesy: Common Wealth
The Indian Ocean Region (IOR) presents a unique opportunity to develop a Blue Economy, with security, sustainability and business profitability as its three pillars. An IOR Defence Ministers' Conclave held on 4 February provided a platform to discuss regional cooperation, linking development with defence, and emphasized India's pivotal position within the IOR.
Courtesy: Radio Free Asia
The recently-enacted China Coast Guard laws have renewed uncertainty in the South China Sea. India must work with the Quad to build collective maritime competence of maritime law enforcement agencies beyond the Indian Ocean Region within the Indo-Pacific.
Courtesy: Gateway House
With the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 set to be introduced during parliament’s on-going budget session, India is now ready to introduce its own official digital currency—following in the footsteps of China and Russia. So far, Indian regulations prohibited the public from trading in crypto-currencies. However, the investor community has an interest in them, as an asset that is not subject to government devaluation, unlike regular fiat currency in circulation. This infographic traces the evolution of crypto-currencies since the launch of Bitcoin in 2009.
Courtesy: Shutterstock
The maturing private space sector in the U.S. has learned to raise money from the market in the form of sectoral equity-traded funds. Such financing mechanisms will keep the U.S. ahead in the global space economy, which is slated to grow manifold from $430 billion now to $4 trillion by 2040. India's fledgling private space ecosystem, financiers, and stock exchanges can learn from the U.S. and do the same for India's newly reformed private space sector.
Courtesy: Twitter/Arctic Council
India’s pledge to the Paris Agreement gives it the flexibility to confidently place its climate action policies across various multilaterals. Although an observer of the Arctic Council, India can collaborate with the body's upcoming chair, Russia, to alleviate climate change concerns stemming from the Arctic. It is time for India to use its goodwill with the Arctic Council members to develop a national Arctic policy.
Courtesy: Gateway House
Cross-border infrastructure has been influencing the geopolitics of Asia, specifically South Asia. Since 2014, India has been investing in trilateral and multilateral infrastructure projects, in its coastal and inland neighbourhood. This paper argues that making environmental security a parameter for developing cross border sustainable infrastructure, will provide a unique opportunity for India to develop norms for environmental and social security policy, training assistance, and capacity-building in the projects it funds abroad.