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Green New Deal will energise both parties’ 2020 pushes

Location:

UNITED STATES

The Green New Deal calls for massive social, economic and energy reform including net-zero US emissions in ten years

COVID-19 crisis complicates nations’ climate financing

Location:

INT

Leaders will consider how to fund and reduce the costs of climate change with COVID-19 crisis costs still looming large

Climate change GDP risk is high regardless of income

Location:

INT

A new study overrules past suggestions that poorer, tropical nations will lose more GDP to the impacts of climate change

Prosperity and sustainability show little correlation

Location:

INT

The mismatch between economic prosperity and environmental sustainability impedes national and global climate action

Widening global imbalances raise geopolitical risks

Location:

INT

The German and US external balances have worsened while China, Russia and Saudi Arabia’s surpluses have improved

Risks and opportunities 2021: Climate Change

Location:

INT

The COVID-19 pandemic saw climate diplomacy put largely on hold last year; it will return to the fore in 2021

International fossil fuel subsidies will weigh heavily

Location:

INT

In 2022, direct and indirect fossil fuel subsidies cost USD7tn (7.1% of global GDP)

Risks and opportunities 2021: East Asia

Location:

EAST ASIA

Recovery from COVID-19 and ties with the new US administration will be the key factors in East Asia’s foreign relations

Climate change poses many threats to the Middle East

Location:

MIDDLE EAST

Areas around the Gulf are especially vulnerable to extreme weather, spiking heat, freshwater shortages and flooding

External shocks accentuate Central Asian weaknesses

Location:

CENTRAL ASIA

Governments muddled along through stagnation, but have been confounded by low oil prices and a malfunctioning Russia