Germany’s Foreign Minister, Annalena Baerbock, has stated that European industries could benefit from a potential rollback in climate-policy collaborations by the new US administration under President Donald Trump.
Baerbock made this assertion while speaking at the 11th Berlin Energy Transition Dialogue (BETD) in Berlin, an international forum that brings together global energy transition stakeholders, including government officials and business leaders.
According to Baerbock, climate protection works best through partnerships with various global actors.
“If players, such as the new US administration, pull out of global cooperations, let me say simply economically and power-consciously as a European that this would be to the advantage of the European economy. Because the global energy transition will continue to progress,” she said.
Baerbock, noted that increased European investment in energy supply and climate-neutral technologies would give the continent a stronger future market position.
“Our goal as the European Union is to now become the first climate-neutral continent in the world even faster,” she added.
Her comments follow signals from the Trump administration indicating a departure from global climate cooperation, including a possible withdrawal from the Paris Climate Agreement and plans to expand fossil fuel extraction.
The Berlin Energy Transition Dialogue, hosted by the German government, serves as a key platform for advancing the shift to renewable energy.
By Dare Akogun
