The Evolution of Global Energy Governance: Scenario Analysis with a Focus on the G20
This study addresses global energy governance and its future evolution. While governance plays an essential role in securing the sustainability of energy and the environment, the current global energy governance has limitations: fragmentation and failure to reflect changes in the global energy landscape. This study provides future scenarios on how global energy governance will evolve, focusing on the G20. Then, each scenario is presented with its strengths, weaknesses, opportunities, and threats. The G20 has promoted global energy cooperation to address challenges such as the energy trilemma since 2009 and is increasing its contribution as one of the most influential platforms for energy cooperation. Until now, the G20 has positioned itself between a symbolic and substantial platform. Nevertheless, this group will increase its influences on global energy governance and its contribution to global energy cooperation.
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