As almost 200 leaders converge on Marrakech for the COP22 conference the world – or at least its green parts – finds itself a tad more hopeful than in previous years. The aim is to implement details of the Paris climate deal, which was touted “historical”.
The fact that dozens of industrial superpowers, including China, the U.S., and the European Union have ratified the Paris agreement justifies some optimism.
The political elites finally let go of the squabbling at least to some extent and implement a more mature approach.
Yet a nagging question remains: Where’s the money flowing? Or to be more precise: can green energy be turned into greenback?
On Friday, October 21, 2016, Category:
Keywords: Economic Outlook, Trade, China, Japan, Vietnam, United States, France, Germany, Ireland, Italy, All sectors, Advanced Economies, Business Climate, Emerging Markets, Exports, Trade, Trade agreements, Trade Finance
“Do. Or do not. There is no try [for trade]” – Master Yoda.
OK, Master Yoda did not mention trade in this pivotal moment of Luke Skywalker’s training. Yet there are so many similarities between the Star Wars saga and the situation of international trade that we had to risk drawing a parallel. I also have to confess it is a great way to get the lay reader interested in something which looks a bit boring or institutional that is the state of world trade.