'Global energy shift continues in spite of US exit'

The US withdrawal from the climate talks has led to disruption in the global markets on the issue of energy transition.

- Jayashree Nandi

But energy transition now rests on a foundation broader than the actions of any single nation. Tech advances, falling costs, and robust demand is leading to rise in electrification and renewables in both advanced and emerging economies, says Pim Valdre, head of climate and nature economy, World Economic Forum. This may lead to success at COP30 in an otherwise difficult year.

Excerpts from interview:

After the US withdrawal from the Paris Agreement, how is industry responding to climate goals?