Economy
Green energy policies pose risk of ‘stranded lives’ in poorer countries, says IEF chief
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Follow-ups -eshrag News:
Sat, 2023-01-21 00:36
DAVOS: The Global South — Latin America, Africa and parts of Asia — is suffering disproportionately from the energy crisis because of the “green” investment policies of wealthier nations, according to the boss of the International Energy Forum, a Riyadh-based think-tank.
Speaking on the sidelines of the World Economic Forum in Davos, Joe McMonigle, IEF secretary general, told Arab News that government policies in the West — specifically on environmental, social and governance issues — could lead to “stranded lives” in the poorer parts of the world.
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