Market Views: How is the Russia/Ukraine crisis affecting the energy transition?
As Russia’s invasion of Ukraine continues to disrupt the world’s energy supply, including the cost of doing so, institutional investors are now assessing to what degree the war will complicate the global transition away from fossil fuel-based energy.
Only months prior to Russia’s invasion of Ukraine, global leaders met at the COP26 Climate Summit in the Scottish city of Glasgow and pledged to step up their efforts in tackling climate change with environmental policies that could achieve a green, low-carbon future.
The rising tide of public and private-sector commitments to net-zero focused institutional investors on what looked like irreversible commitments to the clean energy transition.
Less than six months on from COP26 …
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