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Opinion / #extreme weather
Climate change is increasingly driving displacement, raising urgent questions about development models that foster unequal growth while exacerbating ecological risk.
Focusing only on emergency planning, disaster response, and recovery after each climate catastrophe is no longer enough in Europe. Policymakers urgently need to start mapping Europe’s long-term future, which will require a fundamental overhaul of its infrastructure, energy system, and major economic sectors.
For the first time, a great power has moved to price transboundary climate-driven harms–massive wildfires–and extract compensation unilaterally. What was previously a development, insurance, or emissions-accounting issue is now a security and trade dispute between two G7 economies, setting a precedent that others may try to follow.
OECD rules won’t save Asian revenues or fund climate resilience. The upcoming UN Tax Convention negotiations offer our best chance to rebuild a broken system.
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Partnerships with China, not protectionism, will determine affordable, interoperable and equitable global decarbonisation and energy security.
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