IRENA Chief Says Geopolitical Tensions Are Accelerating the Energy Transition
Geopolitical tensions are accelerating the global shift from fossil fuels to renewable energy, International Renewable Energy Agency (IRENA) Director-General Francesco La Camera says. He argues that major geopolitical events, such as the Russia-Ukraine war or economic conflicts between global powers, could accelerate the transition to cleaner energy sources by disrupting traditional energy markets and forcing countries to rethink energy security strategies. Nations worldwide have committed to phasing out fossil fuels in favor of renewables over the next several decades as part of efforts to reduce greenhouse gas emissions and combat climate change. However, while many governments have set ambitious targets,…