The New Global Energy Governance

• Main Author: FLORINI, Ann
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2016
• Subjects: Energy Policy; Political Science
• Online Access: https://ink.library.smu.edu.sg/soss_research/2267; https://ink.library.smu.edu.sg/context/soss_research/article/3524/viewcontent/The_New_Global_Energy_Governance.pdf
• Institution: Singapore Management University

Until recently, global energy policy - to the degree there was any meaningful globally coordinated energy policy – dealt overwhelmingly with oil. Now, a new agenda and new set of actors is coming into play. The world needs a fundamental change in energy systems to meet the challenges of the 21st century. The task is to provide more energy to more people without fostering runaway climate change or going to war over resources. With formal global agreement in 2015 on the need to move rapidly toward decarbonisation of the energy system, while simultaneously providing energy access to the billions who currently lack basic energy services, and with strikingly rapid technological advances on renewable energy sources and smart grids, the new global governance agenda for energy now overlaps with global environmental governance and the poverty alleviation agenda.