Trade, geopolitics and climate change-Balancing global commitments with domestic equity

This article explores the intricate interplay between global trade dynamics, geopolitical shifts, and climate change, emphasizing their collective impact on developing nations like India. It highlights the erosion of multilateral trade systems due to escalating trade wars, particularly between the U.S. and China, leading to increased protectionism and unilateral actions that disadvantage developing economies. The article also discusses the decline in global development aid, with significant cuts from major donors, compelling countries like India to rely more on domestic funding sources. On climate change, it underscores the disparity between global commitments and actual contributions, noting that while India is advancing in renewable energy, it still faces challenges in policy enforcement. Additionally, the piece addresses the vulnerabilities in India's migration and labor mobility systems, pointing out governance deficits that leave migrants susceptible to exploitation. The overarching theme calls for a reevaluation of global responsibilities to ensure equitable development and climate justice.

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