South Asia

As Pakistan celebrated the 25th anniversary of its first nuclear tests last month, it also appeared to share more details than usual about its current nuclear posture. Speaking at a seminar hosted by the Institute of Strategic Studies Islamabad on May 24, retired Lt. Gen. Khalid Kidwai provided new details of Pakistan’s otherwise ambiguous nuclear doctrine. What Kidwai says matters because he is currently an advisor to the country’s National Command Authority (NCA), which controls research and development and all other policy matters concerning nuclear weapons. He’s also the former director-general of the Strategic Plans Division (SPD), which is responsible for formulating nuclear policy and strategy as well as the security of nuclear assets.

For many, integrating “decarbonization” into public policy, corporate and financial strategies has become a requirement, not an option — yet, what happens when the critical link between climate stability and decarbonization breaks?

President-elect Joe Biden’s decision to create a new cabinet-level position for climate-related issues — and to choose so prominent a figure as former Secretary of State John Kerry to fill it — demonstrates Biden’s sincerity over putting climate at the very center of U.S. foreign policy. It is easy to understate the importance of this appointment, given the flurry of czars created by most new administrations.

The geopolitical and geo-economic forces wrought by the coronavirus pandemic, as examined previously in this series, are likely to slow the transition to a more sustainable global energy mix. Fortunately, the pandemic has also resulted in governments gaining vastly greater influence over whether this shift stalls or accelerates.

For most people, there was nothing to celebrate when the International Monetary Fund downgraded its outlook for global economic growth in June, anticipating a contraction of 4.9% for 2020. Yet for others, such as the small but persistent group of economists and others known as the “degrowth movement,” the Covid-induced economic slowdown has a silver lining.

The search for silver linings to the coronavirus pandemic has come up woefully short. But one hopeful — and much talked of — prospect is that the disruption will accelerate the global shift to a more sustainable energy future.

Today’s economic crisis leaves us with an unsettling and perplexing regret. Why weren’t financial portfolios already adjusted for risks that stem from health events such as pandemics? After all, financial portfolios are adjusted for liquidity risks, market risks, credit risks, and even operational and political risks.

Political scientist Christopher Clary discusses issues pertaining to strategic stability in South Asia