2024 will be the biggest election year in history. More than 75 countries, over 50% of the world’s population, that account for two-thirds of global GDP, will hold national or major regional elections this year. This will slow policymaking, boost market volatility and may critically hinder energy transition investments.
Ehsan Khoman, Head of Research – Commodities, ESG and Emerging Markets (EMEA), examines the implications of this year’s most important elections and contextualises as to whether 2024 may turn out to be a “preparation year” until crucial election outcomes are known for ESG policy direction.
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