Recently, COP 27 meeting was held in Sharm El -Sheikh . The agenda of this meeting was one of the mostly debated issues related to climate change, climate finance . A new fund was also created for the loss and damage of the developing countries, but the consensus among the global players still remains a issue specially on the climate financing .
On the other hand, west is struggling with the new type of crisis. It is not relative new to them but the very size of the problem and the current situation of the western countries put them in vulnerable condition to handle the issue. The crisis of MIGRANTS , is trapping western countries in their own dilemma now. Either be it Syria , Libya or Afghanistan , the instability created by western countries because of their interventionist policies, now posing a challenge for themselves . The changing realities for the western countries are now so stark that they are not ready to cope with it neither physically nor mentally .
The financial crisis of 2008 was the turning point . It tilted the balance towards Asia as the two largest economies of Asia were not much affected from the crisis. Indian Financial experts were called by IMF to reinvent a robust financial system which saved India and the world from going to deep recession. Europe was still coping with the challenges posed by the crisis . The financial system was collapsed and the business and manufacturing units were looking for the more favourable destinations like China . Increasing inflation , joblessness led to a slowdown in economy. The matter became worse by the increasing no of migrants after the Arab spring. Already stretched resources were being too much stretched and a backlash was started to began against the migrants .
A data shows that by 2045 whites will be in minority in America, the gap today itself is not very wide and closing quickly . In Europe the resistance is already started. This can be seen in the rise of new right wing parties across all the European nations. The current crisis is only adding fuel to it either be it the geopolitics of the region in the wake of Russia Ukrain war ,the increasing footprint of Chinese policies in Eastern European nations or the issue of climate change .
Georgia meloni a far right leader of the Italy and an ardent follower of Mussolini emerged victories in the recent elections . IN France , the idea of Frenchness is reemerged to safeguard its distinct identity. UK is already facing a parliamentary crisis for the last 2 years after post Brexit deal . Poland , Slovenia , Estonia , hungry to name the few , these nations recently seen a revival of the right wing parties in their nations . Increasing share of votes for the right wing parties is directly linked to their Nationalistic policies like anti migration stance, favourable trade deals in the wake of increasing pressures from developing countries to withdraw subsidies in WTO and a soft stand on climate neutrality.
Repercussions of the rise of far right can be seen in the climate related Goals. While the big countries in the west are demanding that all the countries must became net zero by 2050 and phase down the coal by 2030. The developing countries are demanding that all the developed countries must accept their historic responsibility and became carbon neutral at earliest . But now , west seems to be divided among themselves, as some countries like Poland are not adhering to the EU commitment on the phasing out of coal . Also . Russian war is leading to the energy crisis for the whole Europe . Amid national and regional challenges now the people are tilting more towards the nationalistic parties as they are addressing their demand in the short term but the one should not forget the long term challenges which may be posed by them in the wake of climate change . The last time , Europe tilted towards nationalism it paved the way for colonialism , world wars , atomic bomb destruction and ethnic cleansing .
The rise in hate crimes specially in the post Covid world against the Asian and blacks from US to Europe and the stance of the political parties against the migrants are not two different things. The world is now even more interconnected than even before , and the challenges posed among the world are quite common and universal . So the need of the hour is must be more and more integration, assimilation and Convergence. Putting forward the idea of ‘Vasudhaiv Kutumbakam’.