Russia’s invasion of Ukraine has thrown the global economy and progress towards net-zero into turmoil. It has been joined by a report from the Intergovernmental Panel on Climate Change which says too many countries are moving too slowly to implement even the Glasgow Climate Pact Alok Sharma rescued in November 2021.
As he said, in marking six months since COP26, there are now more post-invasion supply chain worries.
Some further threaten food security. In May, the United Nations Food and Agriculture Organisation estimated that 25m tonnes of Ukrainian grain could not be exported because of Russian port blockades and damaged infrastructure. It says famines are a risk, so western countries are looking to free up those supplies quickly. Major powers are also acting in broad unison to support Kyiv militarily, though with materials, not forces.
For energy, the response has been more fragmented - perhaps dangerously so.
Energy sales are critical to the Kremlin...