Economy
Twin Transitions (Green + Digital)
Definition
The simultaneous green energy transition and digital transformation reshaping global economies — together requiring trillions in investment.
Explanation
The EU coined "twin transitions" as its economic strategy. The green transition (renewables, EVs, hydrogen) requires $4T+ annual investment globally. The digital transition (AI, cloud, 5G, IoT) is restructuring every industry. Countries and companies that lead both transitions gain competitive advantage; those that lag face obsolescence.