The Evolution of Global Energy Governance: Scenario Analysis with a Focus on the G20
DOI:
https://doi.org/10.13052/spee1048-4236.391410Keywords:
International organization, global energy governance, G20, scenario analysisAbstract
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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