The relationship between climate policy and economic priorities continues to shape the future of sustainability in a world striving to address global warming. Recent major global political shifts will alter climate policies and affect actions undertaken by governments, but they won't stop the long-term momentum of the green economy juggernaut. Policy shifts like those expected from the next Donald Trump administration could expand fossil fuel extraction and reduce support for renewables for short-term gains. This could dampen investments in clean energy and complicate progress toward national and international climate goals. The hope for a thriving green economy may face challenges during periods of economic uncertainty, particularly for companies dependent on government funding for green projects.
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Original article source: https://www.arabnews.com/node/2580387
Source Id: 2024-11-554203354