Sunshine Gold dethrones Black Gold (Pakistan Today)
For sunshine-consuming countries, solar energy provides significant economic benefits by lowering energy costs and enhancing energy security, reducing reliance on foreign oil.
To foster a win-win situation between sunshine-rich and non-sunshine countries, the global community must right now prioritize equitable collaboration in renewable energy development and trade. This would involve cross-border energy sharing through advanced grids and storage technologies, technology transfer, and joint R&D to adapt renewables to diverse climates. Establishing global green funds, fair carbon credit systems, and hybrid energy solutions can ensure financial and energy access equity.
In addition, international cooperation should be emphasized for fair revenue distribution, capacity building, and private sector engagement, alongside ethical resource management and community empowerment.
Link to article