幹彦川村’s Post

EFFECTS of war between two countries, the world may face various consequences, including: 1. Humanitarian crisis: The conflict can lead to a significant number of casualties, displacement of civilians, and a shortage of essential resources such as food, water, and medical supplies. 2. Economic impact: The war can disrupt global trade, leading to economic instability, inflation, and a decrease in investor confidence. This can have ripple effects on the global economy. 3. Political instability: The ongoing conflict may lead to increased tensions between nations, alliances being formed, and potential involvement of other countries in the conflict, leading to political instability on a global scale. 4. Environmental damage: War can result in the destruction of infrastructure, pollution, and damage to natural resources, leading to long-term environmental consequences that can affect the entire world. It is crucial for the international community to work towards peaceful resolutions and diplomatic solutions to mitigate these consequences and prevent further escalation of the conflict.

Resilient Amid Crises: The European Union's Journey Through Pandemic, Energy Shocks, and Global Challenges to Foster Economic Recovery, Climate Action, and Social Cohesion While Addressing Global Fragmentation, Supporting Ukraine, Enhancing Competitiveness, and Improving Governance. A Look into the EU's Strategic Responses and Future Challenges in Navigating a Complex Global Landscape. CHECK IT OUT: https://lnkd.in/dpNrQSUD #EuropeanUnion #EuropeanParlamen #Economy #Policy

Futures thinking and foresight is a powerful planning approach that can help the region meet economic, political, social, and environmental and climate change challenges. Sharing this interesting publication that compiles lessons from an ADB initiative to apply futures and foresight tools in Armenia, Cambodia, Kazakhstan, Mongolia, the People’s Republic of China, the Philippines, and Timor-Leste. https://lnkd.in/gSzbyda

Welcome to EPM, where we take our daily look at the interconnected worlds of Energy, (Geo)Politics and Money. Curated from the world’s leading sources of information, we provide you both the information and the objective, neutral commentary that you need to make sense of it all – and beat the market. In this roundup, while there is little core energy news, there is a lot to discuss in the areas of macroeconomics, geopolitics and climate politics. Specifically, we look at: - The trouble brewing in the US real estate industry - Why Chinese businesses are increasingly looking to expand internationally - The starting debate about what should replace the neoliberal macroeconomic theory that has formed the basis for the current set of rules governing the global economy; where EPM notes that this theory and the system it established is clearly crumbling, but also that the world’s leading experts seem to have absolutely no idea about what new macroeconomic theory should take the place of neoliberalism, or even of how neoliberalism could be adjusted to make it better suited for the current reality - Why some analysts are of the opinion the US decision to allow Ukraine to use American arms for attacks on Russian soil is so dangerous, it “should be rescinded immediately before any damage is done” - Why the US is struggling to produce sufficient quantities of basic ammunitions - Why an Israeli attack on southern Lebanon is a terrible idea, for the wider Middle east but also for Israel itself - The defense treaty the US is offering the Saudis, in order to get them to sign an Abraham Accord with Israel - Why the outcome of the EU elections is bad news for the European Grean deal; and why at least some geostrategists believe a backtrack on the climate policies front would strengthen the West in its competition with China - Why the US army is looking to electrify the Abrams tank, and the challenges that come with this https://lnkd.in/g-_2n4Vq #energy #energysecurity #energygeopolitics #geopolitics #politics #money #energypoliticsmoney #energyequity #EPM

The numbers don’t lie: African nations face some of the greatest climate risks but receive only 3% of global climate finance. In his remarks remarks this morning at the The Earthshot Prize in Cape Town, UK Foreign Secretary David Lammy called for change—urging not just more funding but a fundamental overhaul of the international financial system to make it fairer, more efficient, and more effective. This is key, we need a financial system and financial tools that truly serve nations in the Global South, tackle debt challenges, and unlock private capital for nature.

With ongoing geopolitical tensions and humanitarian crises characterising much of 2023, it is clear that the big issues facing investors cannot be separated. Our latest Responsible Investment Report 2023 details our process in navigating these global issues, and the coordinated action we are taking to best support our clients. To explore the report, please visit our website: https://bit.ly/45u6fSU #climatechange #esgreporting #responsibleinvesting

“Transforming Multilateral Development Banks is not just about increasing climate financing; it is about reshaping the global financial system to better respond to the interconnected challenges of our time.” In her essay, Deepali Khanna, Vice President, Asia, The Rocketfeller Foundation calls for bold reforms in multilateral development banks and innovative financing mechanisms to create an equitable and responsive global financial system that can effectively address climate change and support sustainable development goals. Debt-burdened developing countries are urging for more grants and concessional financing to tackle climate-related losses and damages, she highlighted, “It is vital to provide a platform for these nations to voice their needs and advocate for necessary improvements. Given the widespread implications of such reforms, it is essential to ensure that climate policies and projects are equitable and inclusive of the most vulnerable populations.” Read the full essay here: https://lnkd.in/eNfasJZX #Finance #Environment #Sustainability #Climate #Grants 

The heads of the 10 multilateral development banks are enhancing their collaboration, striving to become a better, bigger, and more effective group to address persistent significant development challenges. In a new joint statement, they are committed to achieving concrete and actionable outcomes in five critical areas: 1. Scaling up MDB financing capacity 2. Boosting joint action on climate change 3. Strengthening country-level collaboration and cofinancing 4. Catalyzing private sector mobilization 5. Enhancing development effectiveness and impact Read the full document here:

𝐀𝐜𝐡𝐢𝐞𝐯𝐢𝐧𝐠 𝐂𝐚𝐭𝐚𝐥𝐲𝐭𝐢𝐜 𝐈𝐦𝐩𝐚𝐜𝐭 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐑𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞 𝐚𝐧𝐝 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐓𝐫𝐮𝐬𝐭 A new policy brief from the #TaskForce on #Climate, #Development and the #IMF seeks to improve the RST’s design by taking stock of the early experiences of RST programs. This policy brief is anchored in the experiences of #Bangladesh, #Barbados and #Jamaica with wider consultations undertaken by Task Force members. The RST is an important example of how the international community can re-channel SDRs towards the achievement of development and climate goals. As the IMF reviews the RST, it has the opportunity to improve the effectiveness of the instrument. More broadly, early experiences of the RST offer instructive insights on the opportunities and challenges of using re-channeled SDRs. Dr. Fahmida Khatun Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24) Vulnerable Group of Twenty (V20) Ministers of Finance African Center for Economic Transformation (ACET) African Economic Research Consortium (AERC) Boston University Global Development Policy Center Centre for Social and Economic Progress Financial Futures Center Macro & Green Finance Lab, National School of Development, Peking University United Nations Economic Commission for Latin America and the Caribbean Download: https://lnkd.in/g8dCCzsM

24 hours is a long time in politics. This time yesterday, I was at Chatham House hearing Rt Hon Rachel Reeves MP and David Lammy MP Tottenham discussing how labour will seek to align economic, security and foreign policy (‘Securonomics’) Some takeaways, from Rachel Reeves * Global shocks are more frequent * Making economy and country more secure & more resilient will be a priority. Eg Supply chains, Energy security etc * Not a retreat. * Not about decoupling, but diversification * Need to think about where things are made and who owns them. * In face of insecure world, UK shouldn’t be dependent on one country * Doubling down on investment in home grown renewable energy. * Need to address Fundamentals driving inflation From David Lammy: * Multilateral partnerships are essential, including forging partnerships in Middle East with countries who don’t share our values * Need a critical minerals / rare earths strategy * Need an Africa strategy * Need new relationship with EU (the EU has clear economic & security strategy, we aren’t at the table) * Hyper globalisation is over * Repeated refs to ‘Small yard - high fence’ doctrine #ChEvents #ChathamHouse