Climate Policy
Green industrial transformation: Countries compete for leadership in the new climate economy
The global green industrial transformation is reshaping the economic landscape. China dominates the manufacturing of solar panels and wind turbines, while the United States heavily subsidizes its domestic clean energy industry through the Inflation Reduction Act, and the European Union is advancing localized production. Electric vehicles, green hydrogen, and carbon markets have become focal points of competition. Developing countries such as India, Morocco, and Nigeria are also actively positioning themselves, striving to secure a place in the new climate economy.