Bangladesh, June 24 -- The world is facing a convergence of crises unlike anything seen in recent decades. Climate change is intensifying natural disasters, geopolitical conflicts are disrupting energy supplies, and economic instability is pushing millions deeper into poverty. From soaring fuel prices to food insecurity and extreme weather events, the vulnerabilities of the global economy are becoming increasingly apparent. At the center of many of these challenges lies a common factor: the worlds continued dependence on fossil fuels.

The recent turmoil in global energy markets serves as a stark reminder that fossil fuel dependency is not merely an environmental issue; it is also an economic and security risk. Countries that rely heavily...