As global leaders reconvened on Nov 6 to 18 for the 2022 United Nations (UN) Climate Change Conference (COP27), only a handful of countries had strengthened their commitment to prevent greenhouse gas emissions, despite pledging to do so in 2021. More concerning is that, despite efforts, global warming remains rampant, as well as the significantly higher-than-expected rising temperatures in 2022, that is, 2.1oC to 2.9oC rather than the 1.5oC targeted in 2021 UN Climate Change Conference (COP26). We are also in the midst of an energy crisis — with the most notable culprit being the Russian-Ukraine war — which has resulted in a return to fossil fuels to satisfy consumption needs, and subsequently, a soar in carbon emissions.
However, there is a silver lining amid all this doom and gloom — there is no better time for countries and private businesses to embrace Environmental,…
Energy Security Concerns to Boost Future Clean Energy Investments
