Crisis management of decarbonization processes in international operations: integration of change management and financial instruments

Abstract

This article analyzes the development of the global electric power industry. It shows that by 2025, solar energy will become the primary driver of global electricity generation, significantly outpacing wind power, which ranks second. Gas was the only fossil fuel to grow. Coal-fired power generation declined. It is noted that China leads in electricity demand growth, significantly outpacing the United States and other countries. China also has the highest electricity generation in the world, the largest solar, wind, and hydroelectric output, and ranks second globally in nuclear power generation. An analysis of the consequences of the 2026 global oil and gas crisis and its potential impact on the global economy is provided. It is also noted that the crisis could serve as an impetus to activate decarbonization processes on a global scale, adopt radical solutions, and implement them. A model for overcoming the crisis and developing climate-neutral production is developed. It was noted that effective management, innovation, and large-scale investments are key to the successful implementation of the decarbonization process. The article emphasizes anti-crisis management of decarbonization processes in the context of international activity, as well as the integration of change management and financial instruments. The article substantiates the conceptual role of crisis management as a proactive tool for ensuring the economic security of enterprises in a multi-crisis environment. It is demonstrated that integrating the principles of the circular economy into strategic management fosters systemic resilience in supply chains, reduces dependence on volatile raw material markets, and lays the groundwork for meeting sustainable development requirements.