Publications

Trump's second term could roll back climate policies like the Inflation Reduction Act and ESG standards, but renewable energy and decarbonization are expected to demonstrate resilience to changes, supported by state and local policies and geopolitical dynamics.

Inflation is at record highs and is expected to remain at high levels, involving a major challenge for Governments and monetary authorities. The fight against climate change and the transition to a more sustainable economy would have contributed, in part, to the increase in energy prices.

As news of the vaccine unfolds, and it becomes more evident that the Covid-19 pandemic could be controlled sometime next year, attention will shift back to climate change as one of the most pressing crises of our time. Across the world, the pressure to reduce greenhouse gas emissions is mounting.

The use of fossil fuels in electricity production is being eroded by the rapid expansion of clean energy. At the global level, installed capacity to generate electricity through wind energy has increased fivefold since 2007, reaching 487GW in 2016. Wind energy is becoming more competitive.