Aside from its macroeconomic impact, the war in Ukraine has triggered a significant change in the attitude of governments and society more broadly towards energy security. This coincided with the pre-existing drive towards low and zero carbon energy as the world works to minimise the increase in global temperatures caused by climate change.
Consequently, there is now even greater support for green energy sources. European policymakers and governments have sought to reduce countries’ reliance on Russian gas, prioritising solar and wind power, as well as – eventually – green hydrogen. This rising demand highlights how essential infrastructure in general – and green infrastructure in particular – is and underscores the solid fundamentals underpinning infrastructure debt.
