“The global energy transformation driven by renewables will have significant geopolitical implications… It’s the first time that an international study explores the geopolitical implications of the global transition to renewable energy… The influence of some states, such as China, will grow because they have invested heavily in renewable technologies and built up their capacity to take advantage of the opportunities they create… By contrast, states that rely heavily on fossil fuel exports and do not adapt to the energy transition will face risks and lose influence… And the rapid shift away from fossil fuels could create a financial shock with significant consequences for the global economy…”
