2022 is set to be dominated by three global tasks: (a) the fight against the COVID-19 pandemic, (b) the climate-stabilising redesign of our economic and social systems, and (c) the negotiation of a multi-polar and rule-based world order.
Geopolitics has an important role to play in securing the health of both people and planet. Indeed, businesses cannot be asked to govern the planetâs health if some of the most polluting countries in the world are not on board. Successful governance of planetary health depends on geopolitics and cross border implementation. It also demands that special attention be paid to the interlinkages between businesses, environmental justice and inequalities. All of these are crucial to advance the universal right to a safe, clean, healthy and sustainable environment.
Elcano and ETTG have published the report on the rise of public development banks in the European financial architecture for development which shows how PDBs are critical in promoting resilience to shocks (financial, economic, pandemic, climate, etc.), stabilise the economy and foster a more rapid long-lasting recovery. The report also stresses the importance of medium- and long-term finance for development that can help building markets and promoting economic transformation in a sustainable, green, inclusive and gender-sensitive manner. Â
In spite of all the anger and frustration that was palpable especially during the final iterations of the Glasgow cover decision, it would be too bleak to consider COP26 as a mere waste of time and effort. Much rather, the Glasgow package delivered a hefty lump for all Parties to chew on. As of now, it remains hard to tell how palatable individual Parties will find their haggis once they take it to their domestic tables. But if they now act even upon the half-hearted words of the Glasgow Climate Pact, the implementation of the Paris Agreement could finally gain traction. Ultimately, the proof of the haggis will be in the eating.
Africa is a missing piece of the âGlobal Britain’ jigsaw, one that needs to be put in place. And it is a continent where Britain needs to work not only with African countries but with European ones too. This requires a more positive relationship with both.
This event will explore how the EU-AU Partnership can support a green and just transition in Africa. Panellists will discuss locally-led approaches to adaptation, green jobs and enterprise for youth, and how the EU-Africa Partnership can deliver on Agenda 2063, Agenda 2030 and the Paris Agreementâs key commitments on climate finance and loss and damage, as both the EU and AU seek a green recovery from COVID-19.
