Mapped: Key Elections Around the World

The year 2024 is set to be a landmark year for global elections, with significant implications for energy, sustainability, and geopolitical dynamics. Here’s an overview of some of the most important elections around the world in 2024 and their potential impact:

Asia

• India: Scheduled for April and May, the general elections in India are critical, as the current Prime Minister Narendra Modi and his Bharatiya Janata Party (BJP) seek a third term. These elections are significant due to India’s role on the global stage and its impact on regional geopolitics​​.
• Indonesia: Prabowo Subianto won February’s general elections. Indonesia’s elections are pivotal due to its status as the world’s fourth-most populous nation and the largest democracy in Southeast Asia. The elections come at a time when concerns about the quality of democracy and civil liberties in Indonesia are increasing​​.
• Taiwan: China skeptic Lai Ching-te won Taiwn’s presidential elections held in January. The country’s Democratic Progressive Party won an unprecedented third-straight presidential term. The presidential and legislative elections are crucial due to the island’s strategic importance and its tense relationship with China. The outcome could have significant implications for regional security and U.S.-China relations​​​​.

Europe

• European Union: The European Parliament election from June 6-9 will be a significant event for EU policy direction, including climate and energy policy​​.
• Russia: The presidential election on March 15-17 will likely see President Vladimir Putin seeking another term. Russia is a key influence on global energy markets and international security​​.

Africa

• South Africa: Elections in South Africa will be economically and politically significant, given the country’s role in the BRICS alliance and its influence within the African continent. The ruling ANC party faces challenges amid economic stagnation and inequality​​.
• Mali and Chad: Both countries, currently under military rule, have indicated plans to hold presidential elections in 2024. These elections could signal a move towards democratic governance in regions that have experienced recent coups​​.

The Americas

• Mexico: The elections in June, which include the presidential race, are crucial for Mexico’s future policy direction, especially regarding reforms initiated by the current President Andres Manuel Lopez Obrador (AMLO). The elections will also have implications for U.S.-Mexico relations, given the two countries’ deep economic ties and shared challenges​​.
• The United States: Americans will head to the polls on November 5^th to vote on control of Congress, the Senate, and the next president. All will play a key roll in determining the country’s energy and climate policies.

Middle East

• Iran: Scheduled for March, Iran’s parliamentary and Assembly of Experts elections are significant due to their potential impact on the country’s domestic policy and international relations, especially concerning the U.S. and Middle East stability​​.

These elections across the globe underscore the interconnectedness of domestic political changes with broader international concerns, including energy policy, climate action, and geopolitical stability. The outcomes will not only shape the domestic policies of these nations but also their foreign relations and collaborative efforts on global challenges such as climate change, energy transition, and sustainability.

Sources:

https://www.anchorchange.com/election-cycle-calendar

https://www.woodmac.com/news/the-edge/themes-shaping-energy-in-2024/

https://www.spglobal.com/commodityinsights/en/ci/research-analysis/ten-global-trends-shaping-aboveground-ep-risks-in-2024.html