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On Dec. 1, India took over the G20 presidency. The global economy suffers from the effects of the pandemic and Russia's war, food and energy crises, and high inflation. The Modi government's goal: A minimum level of global confidence to tackle the pressing issues of the development and climate crises.
By Goswami Urmi
Despite the renaissance of fossil fuels at COP27, IEA chief Fatih Birol sees strong momentum for the global energy transition. Birol predicts a peak in gas consumption soon. But the 1.5-degree target will require trillions in investment. He advises Germany not to venture into fracking.
By Alexandra Endres