Sign up for our newsletter: GZERO Daily

{{ subpage.title }}

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

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

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.

Read more Show less

The world’s largest plastic waste pyramid is revealed in Egypt ahead of COP27 in Sharm el-Sheikh.

Zero Co/The Hidden Sea/Cover Ima via Reuters Connect

What to expect from COP27: “It’s pretty grim”

Last year’s COP26 summit in Glasgow, Scotland, where central governments and the private sector worked together in unforeseen ways, gave us reason to hope for climate progress. Nearly 200 countries gathered to agree on details of the Paris Agreement with an eye toward limiting global warming to 1.5 degrees C. This year was meant to be all about implementation.

But in the last 12 months, the world’s been rocked by war in Europe, soaring inflation, and deepening political and economic divides between rich and poor countries. As world leaders descend this weekend on the Egyptian resort city of Sharm El-Sheikh for the COP27 climate summit, climate warriors are wondering what can be done at this pivotal moment to save the planet.

We spoke with our very own climate expert, Eurasia Group’s Vice Chairman Gerald Butts, for a reality check on the goals and possibilities for this year’s COP27. The interview has been edited for length and clarity.

Read more Show less

Subscribe to our free newsletter, GZERO Daily

Latest