World seen to be at crucial juncture as competition mounts for strategic resources

By Ifham Nizam

The intersection of climate change, energy security and global politics has never been more crucial, with geopolitical conflicts increasingly driven by competition over fossil fuels and critical minerals. Mayank Aggarwal, an energy and climate expert from The Reporters’ Collective, highlights this in his work, ‘Geopolitical Energy Chessboard’.

“Climate change and energy security are two of the most pressing global challenges, Aggarwal explains. “Urgent climate action is needed to mitigate its impact, but reducing fossil fuel use and transitioning to cleaner energy is a politically charged issue, he told The Island Financial Review.

His research highlights the complex web of energy politics, particularly in South Asia, where one in four people on earth reside. “South Asia is a major importer of fossil fuels and its energy security is critical. But the region also lacks a comprehensive dialogue framework to address climate and energy challenges collectively, he notes.

Aggarwal emphasizes that energy conflicts are not just national concerns but extend to the global stage. “From Libya and Iraq to Ukraine and Venezuela, conflicts over oil, gas, coal and critical minerals are shaping international relations. These disputes threaten economic stability and development goals worldwide.”

Despite the urgent need for a clean energy transition, political and economic interests delay global cooperation. “Countries are pulling out of climate agreements, favoring bilateral deals that often sideline developing nations. While global clean energy transition is essential, the geopolitical hurdles remain significant, Aggarwal warns.

He calls for a “Just Energy Transition” that ensures energy security and independence while engaging communities in decision-making. “We need regional cooperation, transparent negotiations for resource-rich areas and strong political will to drive climate and energy discussions at all levels, he concludes.

As the world grapples with escalating climate disasters and energy crises, Aggarwal’s insights highlight the urgent need for a balanced, just, and cooperative approach to energy politics.