IS GREEN SHORING THE FUTURE OF A TRULY GLOBAL BUSINESS?
IS GREEN SHORING THE FUTURE OF A TRULY GLOBAL BUSINESS?
29 Oct 2024
In a dynamic discussion, experts explore the potential of green shoring as a future strategy for global value chains, emphasizing its intersection with geopolitics and geoeconomics. The conversation highlights Brazil's renewable energy capabilities, particularly in hydrogen production, as a significant opportunity for industrialization and export. Saudi Arabia's Vision 2030 is likened to a Marshall Plan, aiming for a 50-50 mix of renewables and gas generation, showcasing one of the largest decarbonization programs globally. The importance of minerals, especially copper, in achieving decarbonization goals is underscored, with a need to double capacity by 2035. The discussion also touches on the role of private sectors in developing new projects and the evolving relationship between Europe and the Gulf Cooperation Council (GCC) countries.