One of the main challenges for business is to understand the uncertain geopolitical scenario in this change of era. This is a complex but urgent task for the private sector to be able to deliver results.
In a context of rethinking a limited growth model exemplified by the transition to de-carbonized energy sources, the combination of the pandemic crisis and the recent competition between powers has boosted some geopolitical elements such as territorial tensions, hybrid wars or nuclear proliferation. Furthermore, this process has combined with the acceleration of non-classical geopolitical elements such as food insecurity, water scarcity, resource competition or digitalization connected to democratic resilience. Companies need to understand these challenges to operate internationally and they need to take a proactive role in a world that vividly searches for ways to build a more sustainable future.