FUELING THE TRANSITION TO A LOW-CARBON FUTURE

摘要

Periods of crisis are challenging and difficult but can become catalysts for positive transition and change.The past two years have certainly been a period of crisis on several fronts,nationally and globally.The COVID-19 pandemic,food and industrial supply chain constraints,rising energy prices,inflation and interest rates-and now war-have all been extremely challenging for both governments and individuals.On a longer wavelength,climate change and biodiversity loss are equally or even more threatening.And these challenges are interconnected.Climate change exacerbates biodiversity loss,which increases the risk of disease.Economic recovery,as we emerge from the COVID-19 pandemic,has stretched supply chains and increased the demand for energy,while war and a trend away from coal-based energy have reduced energy supply,pushing up energy prices and general inflation,with interest rates rising in response.