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Can the World Go Green Without Destabilizing Oil-Pumping Nations?

Can the World Go Green Without Destabilizing Oil-Pumping Nations?

Wednesday, June 23, 2021

Amid the dizzying acceleration of headlines and debate about the vital global transition to renewable energy, new research shows how that change could destabilize dozens of fragile states that depend heavily on oil exports. The new study underscores that governments and international institutions will need to guard against risks that the shift away from carbon-heavy fuels will inadvertently upset political balances and potentially ignite violent conflicts in a swath of nations from Venezuela to Nigeria to Iraq and beyond. Above all, the research suggests, the world must avoid an unplanned “traumatic decarbonization” of these economies.

Type: Analysis

EnvironmentEconomicsFragility & Resilience

A ‘green economy’ risks new conflicts—but that’s avoidable.

A ‘green economy’ risks new conflicts—but that’s avoidable.

Monday, April 19, 2021

The United States will host 40 world leaders this week to accelerate the fight against global warming. In those talks and in the imperative changes to come, officials and advocates must watch for an unintended danger of new policies—their potential to ignite or inflame violent conflicts. A key to reducing this danger is to marry reforms for a cleaner global economy to those for transparent, accountable governance and commerce. Put simply, any successful greening of the global economy will heighten the costs and violence that humanity risks from corruption and authoritarianism worldwide.

Type: Analysis

EnvironmentEconomics