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Dambisa Moyo: Europe's energy transition needs more than a "band-aid solution"

Dambisa Moyo: Europe Energy Transition Needs More Than a "Band-Aid Solution" | GZERO World

Most countries around the world understand that sooner or later they will need to transition to using more clean energy. But in the meantime, they still rely on over a hundred million barrels of oil per day.

What's more Russia's war in Ukraine has underscored our dependence on fossil fuels for energy.

“We hadn't anticipated that there'd be a war that would create these shocks. And that puts us slightly offside,” renowned economist Dambisa Moyo tells Ian Bremmer on GZERO World.

And what's the right way to move forward? For Moyo, Europe needs to ditch what she calls "industrial band-aid solutions" instead of the structural reforms needed to kick the Russian energy habit.

Watch the GZERO World episode: Struggling for economic progress as global recession looms in 2023

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At the 2026 Munich Security Conference, Brad Smith announces the launch of the Trusted Tech Alliance, a coalition of global technology leaders, including Microsoft, committing to secure cross-border tech flows, ethical governance, and stronger data protections.

Tune in today at 12pm ET/6pm CET for the live premiere of our Global Stage from the 2026 Munich Security Conference, where our panel of experts takes aim at the latest global security challenges. NY Times National Security Correspondent David Sanger moderates the discussion with Benedetta Berti, Secretary General, NATO Parliamentary Assembly; Ian Bremmer, President & Co-founder, Eurasia Group & GZERO Media; Dr. Wolfgang Dierker, Global Head of Government Affairs, SAP; and Brad Smith, Vice Chair & President, Microsoft.